Tag Archives: technology

(Reuters) - Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in the second quarter. Shares of the Monroe, Louisia...

(Reuters) - Paycom projected third-quarter revenue in line with market estimates on Tuesday and beat earnings expectations for the April-June period as demand for its human resource and payroll servic...

(Reuters) - Advanced Micro Devices forecast third-quarter revenue below market expectations on Tuesday, hit by a slowdown in cloud computing spending. Large cloud players like Microsoft and Google pla...

-Videogame publisher Electronic Arts forecast quarterly net bookings below expectations and missed estimates for the first quarter on Tuesday, hurt by high competition and muted spending by gamers, se...

(Reuters) - Match Group forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing to drive user growth, sending its shares up about...

(Reuters) -Image-sharing platform Pinterest beat second-quarter revenue estimates on Tuesday as monthly active users surged and digital advertising rebounded from a downturn triggered by an uncertain ...

By Yuvraj Malik (Reuters) - Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to det...

(Reuters) - International Battery Company (IBC) has signed an investment pact worth 80 billion rupees ($971.89 million) with India's southern state of Karnataka to build a battery manufacturing facili...

(Reuters) -Meta Platforms said on Tuesday it has begun the process to end access to news on Facebook and Instagram for all users in Canada. The decision is a fallout of a legislation passed by Canadia...

By Max A. Cherney (Reuters) - Taiwanese chipmaker TSMC has developed the most expansive arsenal of patents surrounding advanced chip packaging, followed by Samsung Electronics and then Intel, accordin...