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Tech News
/ 3 days agoTE Connectivity forecasts upbeat quarterly profit on strong demand for AI products
TE Connectivity issued an upbeat first-quarter forecast on Wednesday, after beating Wall Street estimates for profit for the preceding three months,...
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Tech News
/ 3 days agoUS dollar stablecoins to raise challenges for global monetary policy, India chief economic advisor says
The rising popularity of U.S. dollar stablecoins will be an important phenomenon next year and could raise challenges for monetary policy...
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Tech News
/ 3 days agoEtsy names insider Kruti Goyal as CEO, posts downbeat Q3 results
Etsy ETSY.N named insider Kruti Goyal as its new chief executive officer on Wednesday, replacing Josh Silverman, and reported weaker-than-expected core...
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Tech News
/ 3 days agoFiserv cuts annual earnings forecast as merchant arm growth slows, shares plummet
Fiserv lowered its annual earnings forecasts for the second consecutive quarter on Wednesday and announced an overhaul of its senior leadership...
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Tech News
/ 3 days agoChip shortage intensifies in German industry, says Ifo
Shortages of materials for German manufacturers of electronic and optical products became more acute in October, driven by a tightening of...
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Tech News
/ 4 days agoNvidia poised for record $5 trillion in market valuation
Nvidia shares jumped 3% in premarket trading on Wednesday, putting the chipmaker on track to hit $5 trillion in market valuation...
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Tech News
/ 4 days agoNorway’s Telenor slightly lags earnings forecast, takes $50 million hit in Malaysia
Norwegian telecom operator Telenor on Wednesday posted quarterly earnings slightly below market expectations and flagged a negative adjustment of 500 million...
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Tech News
/ 4 days agoJapan’s NEC to acquire CSG Systems for $2.89 billion
Japanese technology group NEC will pay about $2.89 billion to acquire U.S.-based telecoms and broadband software company CSG Systems , it...
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Tech News
/ 4 days agoOpenAI CFO says Microsoft deal boosts capital raising efficiency
OpenAI’s Chief Financial Officer Sarah Friar said in Riyadh on Wednesday that this week’s deal with Microsoft allows the company to...
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Tech News
/ 4 days agoAdyen beats revenue estimates as payment volumes rise
Dutch payments group Adyen beat market expectations for quarterly revenue on Wednesday as strong retail activity kept payment volumes high, but...
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