Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Quantum computing firm IonQ raises annual revenue forecast
May 6 (Reuters) - IonQ raised its annual revenue forecast on Wednesday, betting on growing demand from clients for its quantum computing platform. The shares of the company, however, fell around 6% in...
May 06, 2026
PTC lifts annual revenue forecast on steady software demand
May 6 - PTC Inc on Wednesday raised its full-year revenue forecast, citing continued demand from manufacturers using its software to digitize their design and production processes. Shares of the Bosto...
May 06, 2026
Axon raises annual revenue growth forecast on strong software, security device demand
May 6 (Reuters) - TASER-maker Axon Enterprise raised its full-year revenue growth forecast on Wednesday, betting on strong demand for its software products and security devices. Shares of the company,...
May 06, 2026
Betting giant Flutter overhauls management at US FanDuel unit
DUBLIN, May 6 (Reuters) - Betting giant Flutter made major management changes at its U.S. FanDuel brand on Wednesday, saying FanDuel CEO Amy Howe had left the company and that Flutter veteran Dan Tayl...
May 06, 2026
Snap flags ad revenue hit from Middle East conflict, slower North America growth
By Jaspreet Singh May 6 (Reuters) - Snap said on Wednesday its first-quarter advertising revenue was impacted by the conflict in the Middle East and slowing growth in North America, sending its shares...
May 06, 2026
Chime reports maiden quarterly profit on resilient consumer spending
(Corrects paragraph 8 to say purchase volume, including outbound instant transfer, increased 15% year-over-year to $40 billion, not 12% to $39 billion) By Pritam Biswas and Arasu Kannagi Basil May 6 (...
May 06, 2026
Arm forecasts higher-than-expected revenue on surging AI data center demand
May 6 (Reuters) - Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily on art...
May 06, 2026
Meta asks California judge to throw out landmark social media addiction verdict
By Diana Novak Jones May 6 (Reuters) - Meta Platforms has asked a Los Angeles judge to throw out a jury's verdict finding the company liable for a woman's depression in a landmark trial over whether t...
May 06, 2026
In OpenAI trial, former technology chief says Altman sowed 'chaos,' distrust among top executives
By Greg Bensinger and Juby Babu SAN FRANCISCO, May 6 (Reuters) - A former OpenAI technology chief testified on Wednesday in Elon Musk's lawsuit that CEO Sam Altman sowed distrust among top executives ...
May 06, 2026
Fed's Goolsbee: AI success would be 'lovely,' but Fed would still need to watch for overheating
WASHINGTON, May 6 (Reuters) - Even if artificial intelligence is as transformative as advertised the U.S. Federal Reserve would still need to watch for rising inflation, Chicago Fed President Austan G...
May 06, 2026
