Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
EBay forecasts current-quarter profit below estimates, shares fall
(Reuters) -EBay Inc on Wednesday forecast current-quarter profit below Wall Street estimates as it faces fierce competition from the likes of larger rival Amazon.com Inc for a share of the pandemic-le...
Apr 28, 2021
Facebook quarterly revenue beats expectations
(Reuters) - Facebook Inc beat market expectations for quarterly revenue on Wednesday, powered by higher ad spending by businesses during a pandemic-induced surge in online traffic. Total revenue, whic...
Apr 28, 2021
Qualcomm sees revenue, profits above estimates; says supply chain is improving
By Stephen Nellis and Chavi Mehta (Reuters) -Qualcomm Inc on Wednesday forecast current quarter sales and adjusted profits above Wall Street estimates, with executives saying they see supply constrain...
Apr 28, 2021
U.S. judge declines to dismiss Amazon allegations Trump interfered in JEDI contract
WASHINGTON (Reuters) - A judge on the Court of Federal Claims on Wednesday issued a sealed decision denying requests by the U.S. Justice Department and Microsoft Corp to dismiss Amazon.com's allegatio...
Apr 28, 2021
Solar tracker maker FTC Solar’s shares jump 17% in Nasdaq debut
(Reuters) - Shares of FTC Solar Inc jumped as much as 19% in their Nasdaq debut on Wednesday, driven by rising investor interest in companies expected to benefit from U.S. President Joe Biden's green ...
Apr 28, 2021
U.S. arrests alleged ‘Bitcoin Fog’ money launderer
By Lawrence Delevingne BOSTON (Reuters) - U.S. officials on Tuesday arrested Roman Sterlingov, the alleged principal operator of cryptocurrency money laundering website Bitcoin Fog, according to a fed...
Apr 28, 2021
UK’s BT Group in talks to divest stake in television unit – The Telegraph
(Reuters) - BT Group Plc is in talks with Amazon.com Inc, Walt Disney Co and Sport streaming app DAZN to divest a stake in its television unit BT Sport, The Telegraph reported on Wednesday. A British ...
Apr 28, 2021
Mexico president blasts telecoms firms over roadblocks to registry
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador criticized the country's telecoms companies on Wednesday for impeding an initiative to create a national biometric cellphone user ...
Apr 28, 2021
Analysis: For Google, plenty of cash with nowhere to go
By Paresh Dave, Subrat Patnaik and Lewis Krauskopf (Reuters) - In announcing a $50-billion share buyback on Tuesday, Google-owner Alphabet Inc confirmed a paradoxical dynamic: its core advertising bus...
Apr 28, 2021
Amid confusion, NTSB to release report on Texas Tesla crash as soon as possible
By Hyunjoo Jin and David Shepardson (Reuters) - The U.S. safety board is working to publish as soon as possible a preliminary report on a recent Tesla vehicle crash in Texas in which local police said...
Apr 28, 2021
