Tag Archives: technology
Fortive cuts full-year profit forecast
(Reuters) - Fortive, whose industrial measurement equipment and software-enabled automation are used in a range of industries, cut its full-year profit forecast on Wednesday due to inflationary pressu...
Oct 25, 2023
Roper forecasts profit above estimates as IT spend on application software picks up
(Reuters) - Software maker Roper Technologies forecast fourth-quarter profit above Wall Street targets on Wednesday, betting that clients will prioritize spending on its suite of products built for ni...
Oct 25, 2023
UK extends deadline on in-depth probe into Adobe’s $20 billion deal for Figma
(Reuters) - Britain's competition regulator, on Wednesday, extended by eight weeks the deadline to complete its in-depth probe into Photoshop owner Adobe Inc's $20 billion buyout of cloud-based design...
Oct 25, 2023
Payroll processor ADP tops profit estimates as strong job market aids demand
(Reuters) - Payroll processor Automatic Data Processing beat first-quarter profit estimates on Wednesday, on higher demand for its employee management services in a strong job market. The U.S. job mar...
Oct 25, 2023
Microsoft, OpenAI-backed AI safety forum names first director, plans advisory board
(Reuters) - An artificial intelligence safety forum launched by companies including OpenAI, Microsoft and Google named its first director on Wednesday, and said it would create an advisory board in th...
Oct 25, 2023
UniCredit revamps Buddy online banking service to ease cloud shift
MILAN (Reuters) - Italy's UniCredit on Wednesday announced improvements to its mobile banking service Buddybank, in a move that Chief Executive Andrea Orcel said would ease the eventual transition to ...
Oct 25, 2023
Microsoft extends cloud lead over Alphabet with focus on OpenAI, big clients
By Aditya Soni (Reuters) -Microsoft is outstripping Alphabet in the race to make money from generative artificial intelligence through early bets on OpenAI and focus on big clients, raising worries th...
Oct 25, 2023
India’s Tech Mahindra posts biggest profit fall in 16 years
By Manvi Pant BENGALURU (Reuters) -India's Tech Mahindra on Wednesday posted its biggest fall in profit in over 16 years as expenses mounted and clients tightened spending amid a tough macroeconomic e...
Oct 25, 2023
Telenor CEO eyes strategic solution for Pakistan business by year-end
OSLO (Reuters) - Norwegian telecoms operator Telenor hopes to decide on a strategic solution for its Pakistan business before year-end, the company's CEO told Reuters on Wednesday. "We are in contact ...
Oct 25, 2023
Sam Bankman-Fried might risk testifying in criminal trial, experts say
By Jody Godoy (Reuters) - Sam Bankman-Fried has little to lose by bucking conventional wisdom and taking the stand at his criminal fraud trial, following weeks of testimony that he stole billions of d...
Oct 25, 2023
