Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Clash of tech titans: Zuckerberg praises coronavirus lockdowns; Musk sees ‘fascism’
By Munsif Vengattil (Reuters) - Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to slow the spread of the coronavirus on Wednesday, with F...
Apr 29, 2020
SoftBank sees $8.4 billion net loss on WeWork writedown
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Visio...
Apr 29, 2020
EBay sees current-quarter revenue above view as more people shop online
(Reuters) - EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors because of...
Apr 29, 2020
Tesla’s profit streak not derailed by coronavirus as auto industry braces for losses
By Akanksha Rana and Tina Bellon (Reuters) - Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it ...
Apr 29, 2020
Qualcomm second-quarter results beat estimates, shares rise
(Reuters) - Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly results and forecast current-quarter sales largely in line with expectations even though several other chipmakers had fla...
Apr 29, 2020
Facebook sees signs of stability in ad spending
(Reuters) - Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, and said it has seen signs of stability in ad spending during the first three weeks of April. Shares of the compan...
Apr 29, 2020
Microsoft revenue beats as remote work boosts Teams, Windows
(Reuters) - Microsoft Corp reported quarterly revenue above Wall Street estimates on Wednesday, boosted by higher usage from its online app Teams collaboration and higher demand for the Windows operat...
Apr 29, 2020
Amazon is Wall Street’s biggest winner from coronavirus
By Noel Randewich (Reuters) - No company's stock market value has benefited more from the coronavirus pandemic than Amazon.com's. The online retailer and cloud computing heavyweight's market capitaliz...
Apr 29, 2020
HBO Max streaming service to be available on Google platforms at launch
(Reuters) - HBO Max, the upcoming streaming service from AT&T Inc owned WarnerMedia, will be available across Google platforms and devices when it launches on May 27, the company said on Wednesday. HB...
Apr 29, 2020
Most Americans cannot or will not use COVID-19 contact tracing apps: poll
WASHINGTON (Reuters) - More than half of all Americans either do not own smartphones or would not use apps backed by Alphabet Inc's Google and Apple Inc to trace who has been exposed to the new corona...
Apr 29, 2020
