Tag Archives: technology
PayPal cuts annual profit view as macroeconomic challenges mount
(Reuters) - PayPal Holdings Inc lowered its full-year profit view on Wednesday, signaling that payments volumes at the company could take a hit from surging inflation and the conflict in Ukraine. The ...
Apr 27, 2022
Ford beats first-quarter estimates, maintains 2022 profit outlook on strong pricing
DETROIT (Reuters) -Ford Motor Co on Wednesday maintained its profit forecast for the year, citing strong pricing for its vehicles. The automaker reported better-than-expected results in the first quar...
Apr 27, 2022
Qualcomm forecasts upbeat revenue as diversification bet pays off
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc forecast third-quarter revenue above analyst expectations after beating second quarter revenue and profit estimates on Wednesday, largely due...
Apr 27, 2022
Pinterest tops revenue expectations on ad spending boost
(Reuters) -Pinterest Inc topped market estimates for first-quarter revenue and profit on Wednesday as the image-sharing platform benefited from higher ad spending by businesses, sending its shares 9% ...
Apr 27, 2022
Facebook parent Meta records slowest quarterly revenue growth in 10 years
(Reuters) - Facebook parent Meta Platforms Inc on Wednesday recorded its slowest revenue growth in a decade, singed by advertisers trimming marketing budgets in the face of global economic growth unce...
Apr 27, 2022
Cuba approves cryptocurrency services, requires central bank license
By Marc Frank HAVANA (Reuters) - The Cuban central bank issued regulations on Tuesday for virtual asset service providers, after giving a nod last year to the personal use of cryptocurrencies, a move ...
Apr 27, 2022
‘Take the money…and run’: Musk’s quick deal for Twitter highlights weaknesses
By Katie Paul, Dawn Chmielewski and Sheila Dang (Reuters) - To understand the speed with which Twitter's board accepted Elon Musk's $44 billion buyout offer, look no further than the dim view Wall Str...
Apr 27, 2022
Apple’s main investor concern this quarter: demand
By Nivedita Balu (Reuters) - Apple Inc investors have for years cheered investments to expand its supply chain to meet feverish global demand for iPhone and MacBooks. Now, the question is whether the ...
Apr 27, 2022
Central African Republic adopts bitcoin as an official currency
BANGUI (Reuters) - Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only the second in the world to do s...
Apr 27, 2022
Your phone number on Google? Search giant now takes removal demands
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google has begun entertaining people's requests to remove search results containing their home addresses, phone numbers and email accounts, th...
Apr 27, 2022
