Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
India's Paytm posts wider sequential loss as stock option costs weigh
(Reuters) -India's Paytm on Tuesday reported a wider sequential loss for the March quarter as one-time employee stock option costs weighed on earnings. The digital payments firm posted a loss of 5.4 b...
May 06, 2025
M&S, Co-op cyberattackers duped IT help desks into resetting passwords, says report
LONDON (Reuters) -Cyberattacks on Britain's Marks & Spencer and Co-op Group started with hackers impersonating employees while contacting the retailers' IT help desks, technology specialist site Bleep...
May 06, 2025
Global Payments adjusted profit rises as consumer spending remains steady
(Reuters) -Global Payments reported a rise in first-quarter adjusted profit on Tuesday, bolstered by consistent revenue growth from its merchant solutions business. WHY IT'S IMPORTANT Strong wage grow...
May 06, 2025
GlobalFoundries sees Q2 revenue, profit above estimates on stable chip demand
(Reuters) -GlobalFoundries forecast second-quarter revenue and profit slightly above Wall Street estimates on Tuesday, in a sign that the contract chipmaker was seeing stable demand despite choppy aut...
May 06, 2025
Payments processor FIS forecasts weak Q2 profit as spending slowdown concerns mount
(Reuters) -Banking and payments processing firm Fidelity National Information Services forecast second-quarter profit below Wall Street estimates on Tuesday, reflecting concerns of dampened consumer s...
May 06, 2025
Wistron Corp to invest additional $455 million in new U.S. unit
TAIPEI (Reuters) - Taiwanese electronics manufacturer and AI server maker Wistron Corp said on Tuesday its board has approved an additional investment of $455 million in its new U.S. subsidiary. The n...
May 06, 2025
Uber partners with China's Pony AI to deploy self-driving taxis in key Middle East market
(Reuters) -Uber said on Tuesday it was partnering with Pony AI to deploy the China-based robotaxi developer's vehicles onto its ride-hailing platform, marking the latest in a series of tie-ups aimed a...
May 06, 2025
Palantir shares dive after quarterly results fail to impress investors
(Reuters) -Shares of Palantir Technologies slumped about 7% in premarket trading on Tuesday, after quarterly results and a raised forecast failed to meet the high expectations of Wall Street investors...
May 06, 2025
Hong Kong launches new measures to attract more tech, bio listings
(Reuters) -Hong Kong launched a scheme on Tuesday to offer smoother listings for tech companies on its stock exchange, as it looks to capitalize on Chinese companies' growing appetite to raise funds o...
May 06, 2025
EU should quadruple semiconductor spending, industry group says
By Nathan Vifflin AMSTERDAM (Reuters) -The European Union should quadruple its spending on chips and allocate a separate budget for it, industry group SEMI said on Tuesday in its official response to ...
May 06, 2025
