Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
IBM shares soar to over 10-year high on rosy AI outlook
By Chibuike Oguh NEW YORK (Reuters) - Shares of IBM rose 12% to a more than 10-year high on Thursday after the company reported a better-than-expected outlook on its revenue backed by strong demand fo...
Thomson Reuters Jan 25, 2024
ASML market cap tops $350 billion in record-breaking run
MILAN (Reuters) - ASML Holding shares hit a fresh record high for a second straight day on Thursday, bringing the Dutch group's market cap above $350 billion and cementing its lead as Europe's third-l...
Thomson Reuters Jan 25, 2024
Microsoft lays off 1,900 Activision Blizzard, Xbox staff - The Verge
(Reuters) -Microsoft is cutting around 1,900 jobs at Activision Blizzard and Xbox this week, news website The Verge reported on Thursday, citing an internal memo from the head of the company's gaming ...
Thomson Reuters Jan 25, 2024
Business Insider to lay off around 8% of its workforce
(Reuters) - Business Insider is set to lay off around 8% of its staff, CEO Barbara Peng said in a post on the company's website on Thursday. The layoffs follow similar moves across the tech industry i...
Thomson Reuters Jan 25, 2024
Honda, GM fuel cell venture launches commercial production
By Joseph White BROWNSTOWN, Michigan (Reuters) - General Motors and Honda have begun shipping fuel cell power systems to customers from a factory near Detroit, they said on Thursday, a new test of whe...
Thomson Reuters Jan 25, 2024
Lumen in deal with lenders to extend debt maturities, raise over $2 billion in capital
(Reuters) - Lumen Technologies said on Thursday it has signed a deal with a group of lenders that will push out its debt maturities to 2029 and beyond and provide it with access to more than $2 billio...
Thomson Reuters Jan 25, 2024
Roper Technologies to buy software firm Procare for $1.75 billion
(Reuters) - Industrial technology company Roper Technologies said on Thursday it will buy cloud-based software firm Procare Solutions for $1.75 billion from private equity firms Warburg Pincus and TA ...
Thomson Reuters Jan 25, 2024
Brazil's Pix to reach 40% of online payment market by 2026, Ebanx study shows
By Peter Frontini SAO PAULO (Reuters) - Brazil's instant payment system Pix will account for more than 40% of the country's online purchases by 2026, a study by fintech Ebanx released on Thursday show...
Thomson Reuters Jan 25, 2024
Comcast tops revenue estimates as streaming, theme park growth offset broadband decline
By Samrhitha A and Helen Coster NEW YORK (Reuters) -Comcast's quarterly revenue topped Wall Street estimates on Thursday, as growth in its streaming and theme parks businesses, including a widely watc...
Thomson Reuters Jan 25, 2024
Mobileye beats quarterly profit estimates
(Reuters) -Self-driving technology company Mobileye Global beat expectations for quarterly adjusted profit on Thursday as demand for its autonomous driving technology remained resilient in an uncertai...
Thomson Reuters Jan 25, 2024
Tue Sep 1
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