Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Disappointing Meta forecast pulls down tech peers in extended trade
By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta...
Thomson Reuters Apr 24, 2024
Lam Research forecasts quarterly revenue above estimates on AI chip boom
(Reuters) - Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intellige...
Thomson Reuters Apr 24, 2024
Tyler Technologies beats Q1 revenue estimates on strong demand for IT services
(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towar...
Thomson Reuters Apr 24, 2024
Meta forecasts higher AI spending and weaker revenue
By Katie Paul and Yuvraj Malik (Reuters) - Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, sending its shares tumbling as it rac...
Thomson Reuters Apr 24, 2024
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software
By Arsheeya Bajwa (Reuters) - International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap int...
Thomson Reuters Apr 24, 2024
ServiceNow forecasts weak quarterly revenue as businesses trim spending
By Akash Sriram (Reuters) -ServiceNow on Wednesday forecast second-quarter subscription revenue below market expectation as businesses spend cautiously in a tough economy, sending the cloud software p...
Thomson Reuters Apr 24, 2024
Align Tech lifts annual sales forecast as teeth aligners power quarterly beat
(Reuters) - Align Technology on Wednesday raised its annual revenue growth forecast after topping Wall Street estimates for first-quarter profit, banking on resilient demand for its clear teeth aligne...
Thomson Reuters Apr 24, 2024
Ambani's JioCinema cuts subscription prices as India's streaming war heats up
By Aditya Kalra and Kanjyik Ghosh (Reuters) - JioCinema, the streaming platform run by India's Reliance Industries, on Thursday cut prices of its premium offering to as low as 29 rupees ($0.3480) a mo...
Thomson Reuters Apr 24, 2024
TSMC says 'A16' chipmaking technology will start production in late 2026
SANTA CLARA, California (Reuters) - Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called "A16" will enter production in the second half of 2026. At a...
Thomson Reuters Apr 24, 2024
TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere'
By David Shepardson WASHINGTON (Reuters) -TikTok's chief executive said on Wednesday that the company expects to win a legal challenge to block legislation signed into law by President Joe Biden that ...
Thomson Reuters Apr 24, 2024

