Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Peloton to cut more jobs, forecasts strong 2026 revenue; shares soar
(Reuters) -Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost savings under an ongoing turnaround effort, sending the exercise-bik...
Aug 07, 2025
Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang (Reuters) -Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectation...
Aug 07, 2025
Duolingo surges as AI-led growth, forecast raise boost investor confidence
By Akash Sriram (Reuters) -Duolingo shares surged nearly 30% before the bell on Thursday, after its annual forecast increase buoyed investor confidence in its ability to drive user growth through AI f...
Aug 07, 2025
Deutsche Telekom partnering with Nvida, Brookfield on AI data centre -CEO
(Reuters) -Deutsche Telekom is partnering with Nvidia and Canadian private equity fund Brookfield in a bid to build one of the EU's AI "gigafactories" in North Rhine-Westphalia, Germany, its chief exe...
Aug 07, 2025
Trump calls on 'highly conflicted' Intel CEO to resign over China ties
By Aditya Soni (Reuters) -U.S. President Donald Trump on Thursday demanded the immediate resignation of Intel's new CEO, Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms an...
Aug 07, 2025
Datadog forecasts upbeat third-quarter results on increased cloud security adoption
(Reuters) -Cloud security firm Datadog forecast third-quarter revenue above Wall Street estimates on Thursday, signaling growing demand for its services as enterprises ramp up investment in artificial...
Aug 07, 2025
Software provider EPAM lifts annual forecasts on AI-driven demand
(Reuters) -EPAM Systems raised its annual revenue and profit forecasts on Thursday, encouraged by strong demand for its software services as enterprises continue to invest heavily in artificial intell...
Aug 07, 2025
Firefly Aerospace set to debut after largest US space IPO of the year
By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Firefly Aerospace will begin trading on the Nasdaq on Thursday after raising $868.3 million in the largest U.S. listing this year by a space tech c...
Aug 07, 2025
Singapore's Keppel raises $4.9 billion in private funds for education and data centre assets
(Reuters) -Singapore's Keppel has secured S$6.3 billion ($4.91 billion) in funds under management so far this year for its private fund strategies, including education assets and data centres, the glo...
Aug 07, 2025
Apple leads surge in global tech shares after Trump tariff relief
(Reuters) -Global technology stocks advanced on Thursday in a relief rally after the latest tariff salvo from U.S. President Donald Trump largely exempted industry heavyweights from his threat to impo...
Aug 07, 2025
