Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Microchip forecasts quarterly net sales below estimates as inventory clearing weighs
(Reuters) -Microchip Technology forecast third-quarter net sales below Wall Street estimates on Thursday, indicating tepid demand for its chips as customers in the automotive and industrial markets co...
Nov 06, 2025
Elon Musk's $878 billion Tesla pay plan wins shareholder approval
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as $878 billion over the next dec...
Nov 06, 2025
Dutch official says he trusts Nexperia chips will reach world in coming days
AMSTERDAM (Reuters) -The Netherlands' economy minister, Vincent Karremans, said on Thursday he trusts computer chips made by Dutch chipmaker Nexperia will reach customers in Europe and the rest of the...
Nov 06, 2025
Block misses profit estimates on sluggish consumer spending, shares slump
(Reuters) -Block missed Wall Street estimates for third-quarter profit on Thursday amid persistent economic uncertainty and intensifying competition in the payments sector, sparking a more than 11% sl...
Nov 06, 2025
Gen Digital raises annual revenue forecast on MoneyLion integration, cybersecurity demand
By Juby Babu (Reuters) -Gen Digital raised its annual revenue forecast for a second consecutive quarter on Thursday, helped by robust demand for its cybersecurity products and the acquisition of finte...
Nov 06, 2025
Expedia raises 2025 revenue forecast on strong business demand, shares rise
(Reuters) -Online travel platform Expedia boosted its forecast for 2025 revenue growth, after beating Wall Street estimates for third-quarter profit, helped by strong demand from its business clients,...
Nov 06, 2025
OpenAI does not 'want government guarantees' for massive AI data center buildout, CEO Altman says
(Reuters) -ChatGPT parent OpenAI does not "want government guarantees" for its data centers, CEO Sam Altman said on Thursday, while adding that the startup at the heart of the artificial intelligence ...
Nov 06, 2025
Starlink signs landmark global direct-to-cell deal with Veon as satellite-to-phone race heats up
By Gianluca Lo Nostro and Leo Marchandon (Reuters) -Elon Musk's Starlink, a subsidiary of SpaceX, secured its largest direct-to-cell deal yet with telecoms group Veon, granting access to over 150 mill...
Nov 06, 2025
Republican US lawmakers applaud Trump for holding back Nvidia chips from China
By Stephen Nellis SAN FRANCISCO (Reuters) -A group of eight Republican U.S. senators in a letter on Thursday applauded President Donald Trump's decision to continue denying China access to Nvidia's mo...
Nov 06, 2025
White House AI czar rules out federal bailout for the sector
-David Sacks, the White House artificial intelligence and crypto czar, said that there will be no federal bailout for AI, as U.S. races to cement its position as a global leader in the booming technol...
Nov 06, 2025
