Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Nokia’s third-quarter results miss expectations
STOCKHOLM/HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia on Thursday reported worse-than-expected third-quarter underlying profit in its first earnings report under new Chief Execu...
Oct 29, 2020
Banks roll out robots as pandemic shakes up IT plans
By Iain Withers and Anna Irrera LONDON (Reuters) - When banks were flooded with loan requests from businesses struggling with the fallout of the coronavirus pandemic, hastily built robots helped sever...
Oct 29, 2020
Ant Group curbs support for overseas partners in strategy rethink ahead of listing
By Fanny Potkin SINGAPORE (Reuters) - China's Ant Group Co Ltd has been cutting funding and staff support to many of the overseas e-wallet firms it has invested in as it pivots away from earlier ambit...
Oct 28, 2020
Court rules that California Uber drivers could not establish ‘political coercion’
(Reuters) - A California court on Wednesday denied an application for a temporary restraining order by the state's Uber Technologies Inc drivers, saying the drivers could not establish the alleged "po...
Oct 28, 2020
Nvidia CEO says attracted by Arm’s network of customers
TOKYO (Reuters) - The CEO of Nvidia Corp, which is set to buy chip designer Arm, said on Thursday that Arm's network of customers was the most attractive part of the company. CEO Jensen Huang was spea...
Oct 28, 2020
Microsoft detects cyberattacks from Iran-linked actor engaged in intelligence collection
(Reuters) - Microsoft Corp said on Wednesday that it detected and attempted to stop a series of cyberattacks from Phosphorus, which the company described as an 'Iranian actor', with the attacks aimed ...
Oct 28, 2020
Samsung Electronics sees profit decline on weaker chip demand after strong third-quarter earnings
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) - Samsung Electronics Co Ltd said on Thursday it expects profits to fall in the current quarter after posting its highest operating profit in two years for...
Oct 28, 2020
United Microelectronics to pay $60 million fine for trade secret theft: U.S. Justice Department
WASHINGTON (Reuters) - United Microelectronics Corp pleaded guilty to criminal trade secret theft charges and will pay a $60 million fine in exchange for cooperating with the U.S. government's prosecu...
Oct 28, 2020
Kioxia to build new memory chip line in Japan to meet data storage demand
TOKYO (Reuters) - Kioxia Holdings Corp said on Thursday it would build a new production line for NAND memory chips in central Japan to meet growing demand for data storage in everything from smartphon...
Oct 28, 2020
EBay beats quarterly profit estimates, forecasts current-quarter sales above expectations
(Reuters) - EBay Inc's quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVI...
Oct 28, 2020
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