Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Palantir raises annual revenue forecast again on surging AI demand
(Reuters) -Palantir Technologies on Monday raised its forecast for annual revenue for the second time this year, expecting robust demand for its artificial intelligence-linked services from businesses...
Aug 04, 2025
IAC's quarterly core profit rises after boost in digital media
(Reuters) -IAC posted a 15% rise in second-quarter core profit on Monday, helped by the steady growth of its biggest business and a reduction in operating expenses. The media and internet company, whi...
Aug 04, 2025
Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth
By Emma-Victoria Farr and Amy-Jo Crowley LONDON (Reuters) - Global dealmaking has reached $2.6 trillion, the highest for the first seven months of the year since the 2021 pandemic-era peak, as a quest...
Aug 04, 2025
Figma sheds $11 billion in market value days after blockbuster IPO
By Chibuike Oguh NEW YORK (Reuters) -Shares of Figma slumped 23% on profit taking on Monday, as euphoria over the design software firm waned days after its blockbuster initial public offering. San Fra...
Aug 04, 2025
Amazon overhauls Wondery podcast studio, cuts 110 jobs
(Reuters) -Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as "Business Wars" to Audible and consolidating creator-led shows into a new uni...
Aug 04, 2025
Onsemi posts quarterly revenue drop, sees dull third-quarter profit on market uncertainty
(Reuters) -U.S. automotive chipmaker Onsemi on Monday forecast lackluster profit for the third quarter, after reporting a sharp decline in second-quarter revenue, sending its shares down by more than ...
Aug 04, 2025
Bosch's India unit posts higher quarterly profit on strong auto parts sales
(Reuters) -Bosch reported a higher first-quarter profit on Monday, helped by strong sales of spare auto parts to passenger and off-highway vehicles as well as demand for its consumer electronic goods....
Aug 04, 2025
Exclusive-Genstar explores $5 billion sale of automotive software maker OEConnection, sources say
By Milana Vinn (Reuters) -Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford and General Motors at as much as $5 billion, ...
Aug 04, 2025
Kaynes Tech unit to invest $570 million in India's Tamil Nadu state
(Reuters) -Kaynes Technology India said on Monday its unit will invest roughly 49.95 billion rupees ($570.40 million) over the next six years in the southern state of Tamil Nadu. Kaynes Circuits India...
Aug 04, 2025
Tower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for its chips used in the automotive and indu...
Aug 04, 2025
