Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Microsoft edges out Apple as world's most valuable company
By Noel Randewich (Reuters) - Microsoft's stock market value ended a trading session higher than Apple's for the first time since 2021 on Friday, making it the world's most valuable company as worries...
Jan 12, 2024
US SEC says breach of its X account did not lead to breach of broader SEC systems
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said there was no evidence to suggest the breach of its X account earlier this week also involved a breach of its other soc...
Jan 12, 2024
Hedge funds hunt new 'magnificent' tech stocks
By Carolina Mandl NEW YORK (Reuters) - Global hedge funds have reduced their exposure to the so-called Magnificent Seven stocks while increasing their allocation to other technology, media and telecom...
Jan 12, 2024
Bitwise bitcoin ETF draws most inflows on first trading day, company says
By Hannah Lang and Suzanne McGee (Reuters) - Crypto asset manager Bitwise said on Friday that $240 million flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products tha...
Jan 12, 2024
U.S. appeals court upholds tribunal decisions in Apple-Masimo patent dispute
(Reuters) - A U.S. appeals court on Friday upheld two earlier decisions by a patent tribunal that favored Masimo in its intellectual property dispute with Apple over blood oxygen sensors in newer Appl...
Jan 12, 2024
Crypto company Genesis Global Trading to pay $8M penalty, surrender NY license- regulator
(Reuters) - The New York Department of Financial Services said Digital Currency Group subsidiary Genesis Global trading will pay an $8 million penalty and surrender its license from the regulator afte...
Jan 12, 2024
EV motor maker EuroGroup Laminations to expand production in Mexico
MILAN (Reuters) - Electric motor component maker EuroGroup Laminations said on Friday it would invest 50 million euros ($55 million) to expand its production capacity in Mexico to serve the automotive...
Jan 12, 2024
India's HCLTech trims top end of FY rev forecast, beats Q3 profit view
BENGALURU (Reuters) -HCLTech, India's third-largest IT services provider, beat quarterly profit estimates on Friday and trimmed the top end of its full-year revenue forecast. The tech major cut its re...
Jan 12, 2024
Japan's Fuji Soft in talks over possible private equity buyouts
TOKYO (Reuters) - Japan software developer Fuji Soft has been in talks with private equity firms over potential buyouts as part of a strategic review prompted by its top shareholder, the company said ...
Jan 12, 2024
India's Wipro beats third-quarter revenue estimates
BENGALURU (Reuters) - Wipro, India's fourth-largest IT services provider, reported a better-than-expected rise in third-quarter revenue on Friday on the back of improved deal execution. Revenue from o...
Jan 12, 2024
