Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Rheinmetall, ICEYE in initial deal to make military satellites
FRANKFURT (Reuters) -Rheinmetall has agreed with Finland's ICEYE to form a joint venture to make military satellites, part of a drive to repurpose automotive factories to serve the booming defence sec...
May 08, 2025
Coinbase to acquire Deribit in $2.9 billion deal, WSJ reports
(Reuters) - Coinbase, the largest publicly traded cryptocurrency exchange, will acquire Deribit for $2.9 billion in cash and stock, the Wall Street Journal reported on Thursday, citing company executi...
May 08, 2025
Israel's Quantum Machines partners with Alice & Bob in Paris quantum lab
JERUSALEM (Reuters) -Israeli startup Quantum Machines said on Thursday it would partner with French tech startup Alice & Bob in an advanced quantum computing laboratory in Paris. Alice & Bob is buildi...
May 08, 2025
Cryptoverse: As markets question US exceptionalism, bitcoin starts to shine
By Lisa Pauline Mattackal (Reuters) - It's late to the sell-USA party. But bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump's trade war and ...
May 08, 2025
Shopify sees second-quarter revenue above estimates, profit view drags shares
(Reuters) -Shopify forecast second-quarter revenue above Wall Street estimates on Thursday, signaling the e-commerce company was steadily pulling in sellers even as global trade uncertainty threatens ...
May 08, 2025
Peloton raises 2025 revenue forecast, counts on video subscriber growth
(Reuters) -Fitness company Peloton Interactive raised its 2025 revenue forecast on Thursday, banking on an increase in subscriptions for its instructional videos to offset slowing demand for its exerc...
May 08, 2025
Warner Bros Discovery misses revenue estimates on box office weakness
(Reuters) - Warner Bros Discovery missed first-quarter revenue estimates on Thursday, weighed down by a lack of big box office hits from its studios and weakness in its traditional TV business as cons...
May 08, 2025
Tinder parent Match cuts 13% of workforce, forecasts revenue above estimates
(Reuters) -Match Group on Thursday forecast second-quarter revenue above Wall Street estimates and said it would reduce 13% of its workforce to cut costs, as the Tinder parent plows ahead with its bus...
May 08, 2025
Chipmaker SMIC reports 161% surge in first quarter profit
By Che Pan and Brenda Goh BEIJING (Reuters) -Semiconductor Manufacturing International CorpChina's largest contract chip maker, reported on Thursday a 161.9% year-on-year surge in first-quarter profit...
May 08, 2025
Arm shares slump as weak forecasts fuel investor worries
(Reuters) - Arm Holdings shares sank more than 10% in premarket trade on Thursday after the chip tech provider became the latest in the semiconductor industry to provide a weak quarterly revenue and p...
May 08, 2025
