Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Payments firm PayPal to cut around 2,500 jobs - Bloomberg News
(Reuters) -Payments firm PayPal Holdings will cut about 2,500 jobs this year, Bloomberg News reported on Tuesday citing a letter from CEO Alex Chriss to staff that it reviewed. In a letter to staff on...
Thomson Reuters Jan 30, 2024
Singtel says not considering divesting from Australia's Optus
(Reuters) - Singtel said on Tuesday it was not looking to divest from its Optus unit, Australia's second-largest wireless operator, refuting a report from Australian Financial Review (AFR). AFR had ea...
Thomson Reuters Jan 30, 2024
GM to halve spending on troubled robotaxi unit Cruise in 2024
By David Shepardson and Joseph White DETROIT (Reuters) - General Motors said Tuesday it is cutting spending in half on troubled robotaxi unit Cruise, or by about $1 billion in 2024, but said it remain...
Thomson Reuters Jan 30, 2024
Logistics, delivery heft could help Amazon margins, profitability
By Arriana McLymore NEW YORK (Reuters) - Whether Amazon.com can cash in on its delivery heft by boosting fee revenue from its "Buy With Prime" service after a 2022 overhaul of its logistics network wi...
Thomson Reuters Jan 30, 2024
ETF provider Global X pulls out its spot bitcoin ETF application
(Reuters) - Global X, a provider of exchange-traded funds, has withdrawn its application for spot bitcoin ETF, a regulatory filing showed on Tuesday, making it the first company among those that appli...
Thomson Reuters Jan 30, 2024
Corning forecasts weak quarterly profit on lower demand for optical fiber cables
(Reuters) - Specialty glass maker Corning on Tuesday forecast first-quarter profit below Wall Street expectations, as it grapples with lower demand for its optical fiber cables from telecom customers....
Thomson Reuters Jan 30, 2024
Stellantis' Peugeot cars to use ChatGPT to talk to drivers
PARIS (Reuters) - Stellantis' Peugeot brand plans to use ChatGPT to improve the voice assistant in its cars and vans, the French brand said on Tuesday, joining rivals such as Volkswagen and Mercedes-B...
Thomson Reuters Jan 30, 2024
UK's Pentair forecasts first-quarter profit below estimates on soft pool demand
(Reuters) - UK-based water technology company Pentair forecast first-quarter revenue below estimates on Tuesday due to softer demand for new pools and related services. Consumers in the United States ...
Thomson Reuters Jan 30, 2024
Germany will approve EU's planned AI act - sources
BERLIN (Reuters) - Germany will approve the European Union's landmark AI Act after the Free Democrats (FDP), part of the ruling coalition, dropped their objections, four sources told Reuters on Tuesda...
Thomson Reuters Jan 30, 2024
China EV maker CATL expects weaker earnings growth for 2023
BEIJING (Reuters) -Chinese electric vehicle (EV) battery giant CATL forecast net profit growth of up to 48.1% in 2023 on Tuesday, representing sharply weaker growth than the previous year as it grappl...
Thomson Reuters Jan 30, 2024

