Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Applied Digital tops quarterly revenue estimates on demand for cloud services
(Reuters) -Applied Digital topped Wall Street estimates for quarterly revenue on Wednesday, buoyed by artificial intelligence-driven demand for its cloud infrastructure. Shares of the Dallas, Texas-ba...
Jul 30, 2025
Ontario cancels internet deal with Musk's Starlink as part of US tariff fight
By Ryan Patrick Jones TORONTO (Reuters) -The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk's company Starlink, follow...
Jul 30, 2025
Lam Research forecasts upbeat quarterly revenue on strong chip equipment demand
(Reuters) -Lam Research forecast first-quarter revenue above Wall Street expectations on Wednesday, driven by strong demand for its specialized chip-making equipment used in developing advanced artifi...
Jul 30, 2025
EBay sees quarterly revenue above estimates on steady demand for refurbished items
(Reuters) -E-commerce firm eBay forecast third-quarter revenue above Wall Street estimates on Wednesday, signaling robust demand for products like collector's items and refurbished goods, sending its ...
Jul 30, 2025
Meta jumps on big revenue forecast beat, small capex raise
By Jaspreet Singh and Echo Wang (Reuters) -Meta Platforms forecast third-quarter revenue well ahead of Wall Street expectations on Wednesday and raised the lower end of its capital expenses forecast f...
Jul 30, 2025
Microsoft's Azure cloud revenue surges as AI spending pays off
(Reuters) -Microsoft's Azure cloud-computing business delivered another quarter of blockbuster growth on Wednesday, powering revenue above Wall Street's expectations and showcasing the growing returns...
Jul 30, 2025
Arm to develop own chips; stock falls as outlook disappoints
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Chip architecture provider Arm Holdings is investing in developing its own chips, CEO Rene Haas said on Wednesday, marking a major shift to its model of...
Jul 30, 2025
Qualcomm forecasts revenue above estimates, betting on AI use to drive chip demand
By Stephen Nellis and Akash Sriram (Reuters) -Qualcomm projected current-quarter sales above Wall Street expectations on Wednesday, wagering that growing AI capabilities in consumer devices will boost...
Jul 30, 2025
Soccer-Burnley offer virtual reality seat for fans
LONDON (Reuters) -Newly-promoted Premier League team Burnley are offering their fans a virtual reality viewing experience, meaning they can enjoy being at the club's Turf Moor stadium from their room....
Jul 30, 2025
Takeover talks between JD.com and Germany's Ceconomy on home stretch, sources say
DUESSELDORF, Germany (Reuters) -Talks between the shareholders of German electronics retailer Ceconomy over a potential takeover by China's JD.com are on the home stretch, sources told Reuters on Wedn...
Jul 30, 2025
