Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
HP misses first-quarter revenue estimates on sluggish demand in PC market
(Reuters) -HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as...
Feb 28, 2024
Electronic Arts to lay off 5% of workforce
(Reuters) -Videogame maker Electronic Arts said on Wednesday it would reduce 5% of its workforce and expects to incur about $125 million to $165 million in charges as part of the restructuring plan. T...
Feb 28, 2024
Paramount misses quarterly revenue estimates as weak ad market offsets streaming gains
(Reuters) - Paramount Global fell short of Wall Street estimates for quarterly revenue on Wednesday, weighed by intense competition from streaming rivals and a weak advertising market. The media indus...
Feb 28, 2024
Snowflake forecasts weak first-quarter revenue, shares fall
(Reuters) - Snowflake forecast first-quarter product revenue below Wall Street estimates on Wednesday, on expectation that customers would cut back on spending in an uncertain economy, sending its sha...
Feb 28, 2024
Salesforce forecasts annual revenue below estimates
(Reuters) -Salesforce forecast fiscal 2025 revenue below market expectations on Wednesday as it expects weak client spending on its cloud and business products. Shares of the company fell over 6% in e...
Feb 28, 2024
El Salvador grants Musk's Starlink unit concession for satellite internet
SAN SALVADOR (Reuters) - El Salvador's government has granted a subsidiary of Starlink, a company owned by technology tycoon Elon Musk, a concession for frequencies to provide satellite internet servi...
Feb 28, 2024
Coinbase says it's investigating issue on accounts showing zero balance
(Reuters) - Coinbase Global said on Wednesday it is investigating an issue that is causing some users to see zero balance across their accounts and may cause errors in buying or selling. "Our team is ...
Feb 28, 2024
Exclusive-Fiserv, Amadeus vie to acquire Shift4 Payments, sources say
By Anirban Sen and David French NEW YORK (Reuters) - Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of $6.5 billion, according to pe...
Feb 28, 2024
Factbox: Disney-Reliance merger set to shake up India's media landscape
(Reuters) - India's top conglomerate, Reliance Industries, and Walt Disney on Wednesday announced the merger of their Indian TV and streaming media assets, creating an $8.5 billion entertainment jugge...
Feb 28, 2024
Self-driving sensor maker Luminar falls as production delay at Volvo hits earnings
(Reuters) - Luminar Technologies shares tumbled about 10% on Wednesday after the self-driving sensor maker's fourth-quarter results missed estimates on delayed production schedule for Volvo Cars' new ...
Feb 28, 2024
