Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
TikTok owner ByteDance's chief warns against mediocrity as AI brings disruption
By Josh Ye HONG KONG (Reuters) - ByteDance CEO Liang Rubo warned employees at a company-wide meeting on Tuesday that the TikTok owner risks becoming complacent and slipping into mediocrity as it faces...
Jan 31, 2024
Japan's Rakuten issues $1.8 billion of dollar-denominated 3-year senior notes
TOKYO (Reuters) - Japanese e-commerce conglomerate Rakuten Group said on Wednesday that it will issue $1.8 billion of U.S. dollar-denominated 3-year senior notes at an interest rate of 11.25%. The fun...
Jan 30, 2024
Universal Music's licensing agreement with TikTok set to expire
(Reuters) - Universal Music Group's agreement with TikTok will expire on Jan. 31 and the companies have not agreed on new terms, which will mean the music label will cease licensing content to TikTok ...
Jan 30, 2024
Microsoft beats quarterly revenue estimates
(Reuters) -Microsoft Corp beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services. Microsoft shares fell 1% in a...
Jan 30, 2024
Teradyne sees weak quarterly revenue on lower chip-testing demand
(Reuters) - Semiconductor-testing equipment maker Teradyne forecast its first-quarter revenue below Wall Street estimates on Tuesday, hurt by lower demand for its chip-testing equipment. Shares of the...
Jan 30, 2024
Samsung sees tech devices demand recovering in 2024 after Q4 profit drop
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34% on-year drop in fourth-quarter profit de...
Jan 30, 2024
Electronic Arts beats quarterly profit estimates on strong 'FC 24' demand
(Reuters) - Electronic Arts beat analysts' estimates for quarterly profit on Tuesday, on the back of a strong performance from its revamped soccer gaming franchise "FC 24". Strong consumer spending am...
Jan 30, 2024
Google-parent Alphabet reports quarterly ad revenue below estimates
(Reuters) -Google-parent Alphabet's fourth-quarter advertising revenue fell below Wall Street expectations on Tuesday, as high interest rates pressure marketing budgets, sending its shares down 4% in ...
Jan 30, 2024
Chipmaker AMD forecasts quarterly revenue below estimates
(Reuters) - Chipmaker Advanced Micro Devices forecast first-quarter revenue below market estimates on Tuesday, as it grapples with uncertain demand for its AI server chips and a cyclical slump in sale...
Jan 30, 2024
Jack Dorsey's Block starts cutting jobs under previously disclosed plan - source
By Manya Saini (Reuters) - Payments firm Block has begun to cut jobs this week as part of its previously disclosed plans to trim headcount and reduce costs, a person familiar with the matter told Reut...
Jan 30, 2024
