Category Archives: (Fargo | KFGO | kfgo.com) World News
Japan’s Mitsui to buy 12.7% stake in Axiata’s digital and analytics unit
(Reuters) - Japanese trading house Mitsui will take a 12.69% stake in Axiata Group's digital and analytics unit, the Malaysian telecommunications conglomerate said on Thursday. Mitsui will invest $58 ...
Nov 02, 2023
Actors, Hollywood studios still at odds on AI and other issues, union says
By Lisa Richwine LOS ANGELES (Reuters) - Negotiators for Hollywood actors and major studios have not resolved concerns about artificial intelligence (AI) and other issues in talks aimed at ending an 1...
Nov 01, 2023
Boeing investigating cyber incident it says hit parts business
WASHINGTON (Reuters) -Boeing said on Wednesday it is investigating a cyber incident impacting elements of the company's parts and distribution business and is cooperating with law enforcement. Boeing ...
Nov 01, 2023
Qorvo forecasts Q3 profit, revenue above estimates on smartphone market recovery
(Reuters) - Wireless connectivity chip maker Qorvo forecast third-quarter revenue and adjusted profit above Wall Street estimates on Tuesday, expecting a boost from its largest customer Apple ahead of...
Nov 01, 2023
Tyler Technologies misses quarterly revenue estimates
(Reuters) - Tyler Technologies missed Wall Street estimates for third-quarter revenue on Wednesday, as the IT service provider faces stiff competition from bigger firms in an uncertain economy. The co...
Nov 01, 2023
Cognizant forecasts quarterly revenue below estimates on weak corporate spending
(Reuters) - Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending its shares dow...
Nov 01, 2023
Roku forecasts quarterly revenue above estimates
(Reuters) - Roku forecast fourth-quarter revenue above Wall Street estimates on Wednesday, anticipating higher sales of its streaming devices and ad collections on signs of stability in the global eco...
Nov 01, 2023
MercadoLibre’s third-quarter profit soars past expectations
SAO PAULO (Reuters) - Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after rev...
Nov 01, 2023
Qualcomm forecasts beast estimates, shares rise
By Stephen Nellis and Chavi Mehta (Reuters) -Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets on Wednesday as a smartphone sales slump finally starts to ease a...
Nov 01, 2023
Computer-led equity hedge funds beat human stock-pickers in October
By Carolina Mandl NEW YORK (Reuters) - Hedge funds that trade equities using computer programmes defeated human stock-pickers in October by a large difference in performance, according to a Goldman Sa...
Nov 01, 2023
