Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
India court quashes Amazon, Flipkart plea against antitrust probe
MUMBAI (Reuters) - An Indian court on Friday dismissed a petition by Amazon.com Inc and Walmart's Flipkart seeking revocation of a single judge's decision to allow an antitrust probe against them to c...
Jul 23, 2021
Ant-backed Zomato soars in India market debut to $12 billion valuation
By Anuron Kumar Mitra and Chandini Monnappa BENGALURU (Reuters) -Food delivery firm Zomato Ltd shares nearly doubled in value in debut trading on Friday, in the first stock market listing of an Indian...
Jul 22, 2021
Snap beats user, revenue estimates with highest growth in 4 years
By Sheila Dang (Reuters) -Snap Inc on Thursday beat Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messagin...
Jul 22, 2021
Intel raises full-year revenue forecast
(Reuters) -Chipmaker Intel Corp raised its annual revenue forecast on Thursday, focusing on its dual strategy of increasing in-house production as well as outsourcing to catch up with rivals. Intel, o...
Jul 22, 2021
Twitter beats revenue targets with ad improvements, but sees decline in U.S. users
By Sheila Dang (Reuters) - Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by A...
Jul 22, 2021
U.S. developing plans to spend $52 billion on chips supply -Commerce Department
WASHINGTON (Reuters) - The Biden administration is developing plans to quickly spend $52 billion to deal with semiconductor supply issues if Congress passes a bill funding such efforts, U.S. Commerce ...
Jul 22, 2021
Google is starting to tell you how it found Search results
(Reuters) - Alphabet's Google will now show its search engine users more information about why it found the results they are shown, the company said on Thursday. It said people googling queries will n...
Jul 22, 2021
Websites of airlines, banks, tech companies back online after brief global outage
(Reuters) -Several airlines, banks and technology websites were coming back online on Thursday afternoon after a brief outage, the third such widespread incident noted in just a span of two months, ra...
Jul 22, 2021
Database software company Couchbase valued at nearly $1.2 billion in Nasdaq debut
(Reuters) -Shares of Couchbase Inc jumped more than 23% in their Nasdaq debut on Thursday, giving the database software company a market capitalization of nearly $1.2 billion. The shares opened at $29...
Jul 22, 2021
Exclusive-Amazon-backed Rivian confirms plan for second U.S. assembly plant
By Paul Lienert, David Shepardson and Ben Klayman DETROIT/WASHINGTON (Reuters) -Amazon.com Inc-backed electric vehicle startup Rivian Automotive plans to build a second U.S. assembly plant that will a...
Jul 22, 2021
