Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
STMicro cuts FY revenue outlook as slowing car demand bites
(Reuters) - European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decl...
Thomson Reuters Apr 25, 2024
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows
(Reuters) - Apple lost its crown as China's biggest smartphone seller in the first quarter of 2024 as its smartphone shipments fell 6.6% from a year ago amid intense competition, preliminary data from...
Thomson Reuters Apr 24, 2024
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
By Heekyong Yang and Ju-min Park SEOUL (Reuters) - South Korean battery firm LG Energy Solution (LGES) posted on Thursday a 75% drop in quarterly profit, hit by weakening demand from electric vehicle ...
Thomson Reuters Apr 24, 2024
Cisco says hackers subverted its security devices to spy on governments
By Raphael Satter WASHINGTON (Reuters) - Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to government networks globally. In a blog post...
Thomson Reuters Apr 24, 2024
Teradyne sees strong Q2 results on steady chip-testing equipment demand
(Reuters) - Semiconductor-testing equipment maker Teradyne forecast second-quarter profit and revenue above Wall Street estimates on Wednesday, helped by strong demand for its chip-testing equipment. ...
Thomson Reuters Apr 24, 2024
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, posting its highest profit in nearly two years on sales of adv...
Thomson Reuters Apr 24, 2024
Microsoft-backed Rubrik prices IPO above range at $32 per share, source says
By Echo Wang NEW YORK (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indic...
Thomson Reuters Apr 24, 2024
Disappointing Meta forecast pulls down tech peers in extended trade
By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta...
Thomson Reuters Apr 24, 2024
Lam Research forecasts quarterly revenue above estimates on AI chip boom
(Reuters) - Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intellige...
Thomson Reuters Apr 24, 2024
Tyler Technologies beats Q1 revenue estimates on strong demand for IT services
(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towar...
Thomson Reuters Apr 24, 2024
Thu Aug 27
Sheboygan, WI, USA
Humidity: 100%

