Jan 25 (Reuters) – Microsoft Corp’s (MSFT.O) lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether… Read More »Microsoft’s dour outlook raises red flags for the tech sector
STOCKHOLM, Jan 24 (Reuters) – Industrial technology group Hexagon (HEXAb.ST) on Tuesday proposed a 9% increase to its dividend, with the Swedish company’s new CEO… Read More »Industrial tech group Hexagon flags positive momentum
Activist investor Elliott Management takes stake in Salesforce Baker Hughes falls on missing Q4 profit estimates Indexes up: Nasdaq 1.05%, S&P 0.59%, Dow 0.23% Jan… Read More »Wall Street rises as chipmakers lead tech shares higher
Jan 23 (Reuters) – Microsoft Corp (MSFT.O) said on Monday it would invest more in OpenAI, staking its future on the startup and tech behind… Read More »Microsoft to invest more in OpenAI as tech race heats up
Jan 23 (Reuters) – Xylem Inc (XYL.N) said on Monday it would acquire Evoqua Water Technologies Corp (AQUA.N) in an all-stock deal valued at $6.42… Read More »Water tech firm Xylem to buy Evoqua in $6.42 bln deal in industrial market push
NEW YORK, Jan 20 (Reuters) – A spate of earnings reports in coming weeks is set to test a recent bounce in technology and other… Read More »Wall Street Week Ahead: Tech stock rebound faces doubters with earnings season ahead
DAVOS, Switzerland, Jan 18 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings,… Read More »Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
Jan 18 (Reuters) – Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big US technology firms are expected… Read More »Big Tech braces for dismal profits, more job cuts
Jan 17 (Reuters) – A criminal case against two former 21st Century Fox executives and a sports marketing company accused of bribing South American soccer… Read More »Former Fox execs’ FIFA case about ‘corruption of international soccer,’ prosecutor says
TAIPEI, Jan 17 (Reuters) – Taiwan’s economy likely expanded much more slowly in the fourth quarter compared to the previous quarter due to increased global… Read More »Taiwan Q4 GDP seen growing 1.3% as cooling tech demand weighs