Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Paycom forecasts quarterly revenue below estimates as clients roll back spending
(Reuters) - Paycom Software on Wednesday forecast third-quarter revenue below market estimates while tightening the higher end of its annual forecast, as clients reduce spending on payroll and human c...
Thomson Reuters Jul 31, 2024
Industrial software maker PTC forecasts fourth-quarter results above estimates
(Reuters) - Industrial software maker PTC forecast current-quarter revenue and profit above Wall Street estimates on Wednesday, but missed revenue expectations for the third quarter as enterprise spen...
Thomson Reuters Jul 31, 2024
AI could eliminate up to 5% of jobs in Latin America, study finds
By Juana Casas SANTIAGO (Reuters) - Between 2% and 5% of jobs in Latin America and the Caribbean are threatened by artificial intelligence (AI) and at risk of being fully automated, a report by the In...
Thomson Reuters Jul 31, 2024
Arm revenue beats forecasts, outlook in line, yet shares drop 9%
By Max A. Cherney -Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in line with Wall Street e...
Thomson Reuters Jul 31, 2024
Facebook parent Meta forecasts upbeat Q3 revenue after strong quarter
By Katie Paul and Yuvraj Malik (Reuters) - Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter as well, signaling tha...
Thomson Reuters Jul 31, 2024
Kyndryl records first quarterly profit as consulting strengthens
(Reuters) - IT services provider Kyndryl Holdings recorded its first quarterly profit since its spin-off in 2021, helped by growth in its consulting segment and a shift to higher-margin deals. The com...
Thomson Reuters Jul 31, 2024
Amazon set to join Big Tech's spending surge as AI race heats up
By Deborah Mary Sophia (Reuters) - Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to cap...
Thomson Reuters Jul 31, 2024
Cognizant raises full year revenue forecast, beats Q2 results estimates
(Reuters) - Cognizant Technology Solutions raised its annual revenue forecast and and beat second-quarter results estimates on Wednesday, aided by businesses turning to the IT services provider to dig...
Thomson Reuters Jul 31, 2024
Qualcomm forecasts quarterly revenue above estimates on smartphone strength
(Reuters) - Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, helped by strong demand for high-end Android devices, and betting that more chips will be used in smartph...
Thomson Reuters Jul 31, 2024
Tesla was in Full Self-Driving mode when it hit and killed Seattle motorcylist, police say
By Hyunjoo Jin SAN FRANCISCO (Reuters) - A Tesla Model S car was in "Full Self-Driving" mode when it hit and killed a 28-year-old motorcyclist in the Seattle area in April, police said, making it at l...
Thomson Reuters Jul 31, 2024
Thu Nov 5
Sheboygan, WI, USA
Feels Like: 34°F
Wind/Dir: 36 MPH-N
Humidity: 75%

