Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Brazil's Telefonica posts 13% increase in third-quarter net profit
SAO PAULO (Reuters) - Brazil's Telefonica reported on Tuesday a 13% increase in net profit for the third quarter compared to the same period last year. Telefonica Brasil reported a net profit of 1.67 ...
Thomson Reuters Nov 05, 2024
Trump Media reports $19 million loss in third quarter on TV streaming costs
(Reuters) - Former U.S. President Donald Trump's media company reported a net loss of $19.2 million in the third quarter, due to legal fees and costs tied to its TV streaming deal. Trump Media & Techn...
Thomson Reuters Nov 05, 2024
Jack Henry & Associates profit jumps on robust demand for banking technology
(Reuters) - Financial technology company Jack Henry & Associates posted a 17% jump in first-quarter profit on Tuesday, driven by higher demand for its technology solutions, as banks and financial inst...
Thomson Reuters Nov 05, 2024
Microchip Technology forecasts quarterly results below estimates on weak automotive demand
By Jaspreet Singh (Reuters) - Microchip Technology forecast third-quarter revenue and profit below estimates on Tuesday, indicating a sluggish demand from automotive customers amid economic uncertaint...
Thomson Reuters Nov 05, 2024
FTC accuses fintech app Dave of misleading users about cash advances
(Reuters) - The U.S. Federal Trade Commission sued financial technology company Dave Inc in a California court on Tuesday, accusing it of misleading users of its personal finance app by offering cash ...
Thomson Reuters Nov 05, 2024
Lumen raises annual cash flow forecast on AI deals, legacy business weighs on results
By Harshita Mary Varghese (Reuters) - Fibre-optic cable provider Lumen Technologies raised its annual free cash flow forecast on Tuesday thanks to AI deals with large cloud companies, even as weakness...
Thomson Reuters Nov 05, 2024
Super Micro says cannot predict timing of annual filing; shares down
(Reuters) - Super Micro Computer said on Tuesday it cannot predict when it would file its annual report with the U.S. Securities and Exchange Commission and that the results of a special committee pro...
Thomson Reuters Nov 05, 2024
Amazon CEO denies full in-office mandate is 'backdoor layoff'
By Greg Bensinger (Reuters) -Amazon CEO Andy Jassy said at an all-hands meeting on Tuesday that the plan to require employees to be in-office five days per week is not meant to force attrition or sati...
Thomson Reuters Nov 05, 2024
Apple set to face fine under EU's landmark Digital Markets Act, sources say
By Foo Yun Chee (Reuters) -Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at reining in the power of Big Tech, making it the first company ...
Thomson Reuters Nov 05, 2024
Italy's privacy watchdog raps Intesa over data breach incident
MILAN (Reuters) - Italy's data protection authority said on Tuesday Intesa Sanpaolo had underestimated the seriousness of a data breach incident involving thousands of customers, widely reported to in...
Thomson Reuters Nov 05, 2024
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