A semiconductor wafer during an Intel event ahead of a IFA International Consumer Electronics Show. Krisztian Bocsi | Bloomberg | Getty Images GlobalWafers, a Taiwanese firm that makes silicon wafers for computer chips, will no longer buy Munich-headquartered rival Siltronic after policymakers in Germany failed to approve the deal in time. The deal’s collapse late
Technology
In this article NIO 9868-HK A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visual China Group | Getty Images Chinese electric carmakers Nio and Xpeng saw deliveries dip in
Two thousand rupee notes on display with an Indian flag in the background. Manish Rajput | SOPA Images | LightRocket via Getty Images India’s central bank will launch a digital version of the rupee in the next financial year, the country’s finance minister said on Tuesday. “Introduction of a central bank digital currency will give
Mike Lynch, former CEO of Autonomy. Hollie Adams | Bloomberg via Getty Images LONDON — Mike Lynch, one of the U.K.’s most notable tech entrepreneurs and a man that has often been referred to as “Britain’s Bill Gates,” is on the brink of being extradited to the U.S. to face criminal charges related to the
In this article NYT This photo illustration shows a person playing online word game “Wordle” on a mobile phone in Washington, DC on January 11, 2022. Stefani Reynolds | AFP | Getty Images The New York Times is acquiring Wordle, an online game that shot up to popularity seemingly overnight. The move highlights the importance
In this article SPOT Joe Rogan Vivian Zink | SYFY | NBCUniversal Podcaster Joe Rogan has apologized to Spotify, while also addressing the controversy around his podcast. Musicians Neil Young and Joni Mitchell recently boycotted the service for continuing to host “The Joe Rogan Experience, which has been accused by medical professionals of spreading Covid
In this article AAPL Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s Berkshire Hathaway notched more than $8 billion in gains on Friday as Apple stock rose more than 5% on a strong earnings report. Apple reported December quarter earnings on Thursday, posting nearly $124 billion in sales and strong
Mike Lynch, former CEO of Autonomy. Hollie Adams | Bloomberg via Getty Images LONDON — British tech entrepreneur Mike Lynch is set to be extradited to the United States to face criminal charges related to the sale of his company Autonomy to Hewlett-Packard, after a ruling made by U.K. interior minister Priti Patel. Lynch sold
In this article AAPL Apple CEO Tim Cook attends the grand opening event of the new Apple store at The Grove on November 19, 2021 in Los Angeles, California. Mario Tama | Getty Images Apple CEO Tim Cook said the company is seeing inflationary pressure in an interview with CNBC’s Julia Boorstin on Thursday as
In this article TSLA Tesla Robotics Courtesy: Tesla Tesla CEO Elon Musk said Wednesday on the company’s fourth-quarter earnings call that a humanoid robot is the “most important product” that Tesla is developing this year, putting it ahead of the much-hyped Cybertruck and other Tesla vehicles including the Semi and the Roadster. Musk first teased
In this article TSLA Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk said during the company’s fourth-quarter earnings call that the company won’t release any new models this year, and isn’t currently developing
Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Mark Zuckerberg’s ambitious plan to build his own cryptocurrency is falling apart, amid growing pressure from regulators. The
In this article MSFT Microsoft reported better-than-expected earnings and revenue for the fiscal second quarter. The stock dropped in extended trading. Here’s how the company did: Earnings: $2.48 per share, adjusted, vs. $2.31 per share as expected by analysts, according to Refinitiv. Revenue: $51.73 billion, vs. $50.88 billion as expected by analysts, according to Refinitiv.
In this article SPOT Neil Young performs during the 30th Anniversary Bridge School Benefit Concert at Shoreline Amphitheatre on October 23, 2016 in Mountain View, California. C Flanigan | FilmMagic | Getty Images Neil Young demanded Spotify remove his music over what he views as coronavirus vaccine misinformation being spread on the streaming platform by
In this article IBM SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Wired | Getty Images IBM shares jumped as much as 7% in extended trading on Monday after the software and services company said
In this article ETH.CM= BTC.CM= A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021. Dado Ruvic | Reuters The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. Bitcoin
In this article ETH.CM= BTC.CB= Alec Monopoly paints a bitcoin onto a mural at the North American Bitcoin Conference held at the James L Knight Center on January 18, 2022 in Miami, Florida. Joe Raedle | Getty Images Cryptocurrencies continued their dramatic slide on Saturday, with bitcoin losing nearly half of its value since hitting
Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | Pool | Reuters In the seven months since Lina Khan took over as chair of the Federal Trade Commission, there’s
In this article NFLX PTON A man walks in front of a Peloton studios on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Peloton fell below its IPO price, Netflix suffered its steepest drop in a decade, and chip stocks continued to struggle. Add it all
In this article ABNB Airbnb co-founder and CEO Brian Chesky told CNBC on Friday that a post-Covid pandemic future of flexible living and working arrangements will be a boon to the company. Chesky, who is on a nationwide tour of Airbnb stays in an effort to “improve the experience” for customers, said he expects sustained
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