Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Facebook to allow employees to work remotely until year end
(Reuters) - Facebook Inc said on Friday it would allow its workers who are able to work remotely to do so until the end of the year as the coronavirus pandemic forces governments to extend stay-at-hom...
May 08, 2020
Investors exit stocks at fastest rate since March, ‘tech fatigue’ sets in: BOFA
LONDON (Reuters) - Investors pulled $16.2 billion from stocks in the past week in the largest weekly redemption since the March stock market slump, according to the Bank of America's weekly flows data...
May 08, 2020
Tesla aims to restart Fremont plant as soon as Friday: Bloomberg
(Reuters) - Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported https://www.bloomberg.com/news/articles/2020-05-08/tesla-aims-to-restart-frem...
May 08, 2020
Japan’s Sharp halves full-year profit forecast as virus hits tech demand
TOKYO (Reuters) - Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak. Sharp, which...
May 08, 2020
Siemens sees strongest coronavirus impact in next quarter as second-quarter profit plunges
ZURICH (Reuters) - Siemens expects "even stronger impacts" from the coronavirus pandemic in the weeks ahead, it said on Friday as it ditched its 2020 guidance and posted an 18% drop in industrial prof...
May 08, 2020
Lyft to require passengers and drivers to wear masks
By Moira Warburton and Tina Bellon TORONTO/NEW YORK (Reuters) - Lyft will require both passengers and drivers to wear masks and complete a health certification program, including confirming before eac...
May 07, 2020
India’s Reliance says Vista Equity to invest $1.50 billion in digital arm
(Reuters) - India's Reliance Industries Ltd said on Friday private equity firm Vista Equity Partners would invest 113.67 billion rupees ($1.50 billion) in its Jio platforms for a 2.32% stake. "This in...
May 07, 2020
California sets rules to reopen manufacturing; Tesla’s Musk cheers
SAN FRANCISCO (Reuters) - California has set rules to allow state manufacturers to begin reopening on Friday from a coronavirus lockdown, Governor Gavin Newsom said, drawing an enthusiastic "Yeah!!" o...
May 07, 2020
Roku posts bigger loss due to higher spending; shares fall 7%
(Reuters) - Roku Inc posted a bigger net loss in the first quarter on Thursday, as the video streaming device maker spent more to attract subscribers to its free ad-supported channel, sending its shar...
May 07, 2020
Zoom pushes ahead on security, buying Keybase and reaching pact with New York
By Supantha Mukherjee (Reuters) - Zoom Video Communications Inc pushed forward on Thursday in its effort to revamp its security, striking a deal with the New York attorney general's office to protect ...
May 07, 2020
