Chief Executive Tim Cook of Apple Inc. said Tuesday that the company would build chips again in the US after a nearly decade-long hiatus, a critical step in reducing its reliance on Asia-based manufacturing.
As China continues to grapple with the impact of on-and-off recurrences of COVID-19, Tesla Inc. is offering further incentives to the country's customers who buy and take delivery of new cars this month.
In the latest leadership shakeup, the cloud-based software-provider Salesforce.com announced the departure of Slack founder and CEO Stewart Butterfield, effective 31 January.
At its investor day in New York City on Thursday, General Motors raised its full-year guidance, saying it expects its portfolio of electric vehicles in North America to be "solidly profitable" by 2025.
Shares of Cisco, the biggest maker of machines running computer networks and the internet, rose about 5% in extended trading Wednesday after reporting fiscal first-quarter results that beat analysts' estimates.
Chip designer and computing firm Nvidia assured investors on Wednesday that demand for its artificial intelligence and data-center chips remains strong, even as the company continues to struggle with a slowdown in the personal-computers market.
On Wednesday, Amazon shares hit a new 52-week low, closing at $86.14 a share and making it the first-ever public US company to lose more than $1 trillion in market capitalization.
After new rules threatened to cost Nvidia Corp. hundreds of millions of lost revenue, the most valuable chipmaker in the US has begun offering an alternative processor for customers in China to soften the blow from recently imposed US export restrictions.
Google parent Alphabet Inc. entered into a strategic partnership with Coinbase that will allow select customers to pay for cloud services with cryptocurrencies through Coinbase's payment platforms.
After the bell Wednesday, Tesla reported its highly-anticipated third-quarter earnings, in which the company addressed a broad range of questions, including Chief Executive Elon Musk's pending Twitter takeover.
According to a prospectus filed with the SEC, Intel Corp's Mobileye said it plans to offer 41 million class A shares at a projected price of $18 to $21 per share of its initial public offering.
At the Paris Motor Show Monday, Stellantis debuted its "first pure-electric Jeep" as the automaker pushes to launch an additional 28 all-new electric vehicles through 2024.
In a joint venture between Sony Group and Honda Motor, the companies will target the premium electric vehicle market and aim to deliver their first EVs by 2026.
According to a Bloomberg News report Tuesday, Intel corp is looking to make significant job cuts in the coming period, citing people with knowledge on the matter.
Shares of Rivian fell sharply Monday after the California-based company said it would recall nearly all of its vehicles.
Last week, Uber Technologies inked a 10-year deal with Motional, a joint venture between Hyundai Motor Group and Aptiv that offers driverless rides and enables food deliveries through its ordering service using Motional's new all-electric IONIQ 5-based robotaxis.
Mastercard on Tuesday launched a new piece of software that helps banks identify and cut off crypto exchanges prone to fraudulent transactions.
Adding to a wave of chip-making plans in the US, Micron Technology Inc. agreed to invest as much as $100 billion to build a semiconductor-manufacturing campus in upstate New York.
Aiming high for the launch of its next virtual reality headset, videogame giant Sony plans to make two million units of the PlayStation VR2 by March 2023.
In its most recent quarter, Tesla Inc.'s vehicle deliveries rebounded to 343,830, a new record and turnaround from earlier this year when a shutdown at its China factory and other challenges affected how many vehicles it managed to get into customers' driveways.
Of the five biggest US companies by market value, Teslaâs shares are by far the most expensive, yet theyâre the only ones whose performance comes close to Appleâs, a rarity for investors in the sector.
To target the next generation of shoppers, Walmart is opening a new superstore that comes with all the luxuries - from clothes, a roller skating rink, a Ferris wheel, and now - the metaverse.
Shares of Nio Inc. are up 2.78% in mid-day trading Monday, following an announced strategic funding transaction with Australian lithium firm - Greenwing Resources.
In a securities filing Monday, Take-Two Interactive Software Inc. disclosed hackers broke into the networks of its Rockstar Games Inc. unit, illegally accessing early-development footage of the company's next "Grand Theft Auto" video game.
The enterprise software maker, Salesforce, announced a new long-range profitability goal that showed the company's determination to operate more efficiently. At the Dreamforce conference Wednesday, Salesforce introduced a host of new products, including "Genie" and "Slack Canvas."
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