Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Nintendo expects to sell 19 million Switch devices this financial year
TOKYO (Reuters) - Japan's Nintendo Co Ltd said on Thursday it expects to sell 19 million Switch console units in the current financial year as consumers locked down due to the coronavirus outbreak dri...
May 07, 2020
Samsung heir’s apology fans skepticism as watchdog panel meets
By Hyunjoo Jin SEOUL (Reuters) - Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skeptici...
May 06, 2020
Colombia’s coronavirus app troubles show rocky path without tech from Apple, Google
By Paresh Dave and Stephen Nellis (Reuters) - Colombia has removed the contact-tracing feature in its official app for informing residents about the novel coronavirus after experiencing glitches, but ...
May 06, 2020
PayPal profit slumps as COVID-19 weighs on spending
(Reuters) - PayPal Holdings Inc posted a 87.4% slump in quarterly profit on Wednesday as COVID-19 lockdowns hit consumer spending and forced the payments processor to boost its credit loss reserves, s...
May 06, 2020
IAC revenue rises as home-bound take to online dating, video streaming
(Reuters) - IAC/InterActiveCorp reported an 11% rise in quarterly revenue on Wednesday, as its online dating business and video hosting platform added more stuck-at-home users. Surge in users in these...
May 06, 2020
Lyft revenue surprises with 23% rise, ‘on path to profitability’ despite coronavirus
By Akanksha Rana and Tina Bellon (Reuters) - Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as th...
May 06, 2020
T-Mobile beats first-quarter postpaid subscriber estimates
(Reuters) - T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, benefiting from customers becoming more price sensitive as unemployment in the United S...
May 06, 2020
U.S. lawmakers warn Trump against damaging U.S. chipmakers amid coronavirus crisis
By Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) - A group of Senate Republicans is urging U.S. President Donald Trump to avoid hurting American chipmakers, which they see as essential to th...
May 06, 2020
Some U.S. city transit agencies turn to Uber as ridership drops during coronavirus crisis
By Tina Bellon (Reuters) - U.S. cities that have idled mass transit during coronavirus lockdowns are turning to an unusual partner to get essential workers to hospitals, warehouses and factories: ride...
May 06, 2020
Facebook names first members of oversight board that can overrule Zuckerberg
By Elizabeth Culliford (Reuters) - Facebook Inc's new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advoca...
May 06, 2020
