Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla continued to slide on Friday, in what appeared to be a case of investors taking profits from the electric car maker’s blistering post-U.S. election rally. As of around 6 … Read more
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares plummeted 16% on Thursday — their worst day since March … Read more
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters Micron shares plunged 13% in extended trading on Wednesday after the chipmaker issued weak second-quarter guidance despite an earnings beat … Read more
A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is … Read more
Atop a newly completed, 3.5-million-square-foot building that stands on 1,100 acres in the Arizona desert north of Phoenix is a giant logo of a microchip wafer and the letters TSMC. Taiwan Semiconductor Manufacturing Company’s first Arizona chip fabrication plant, or fab, is making history because it’s the most advanced chip fab on U.S. soil, and … Read more
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024. Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s … Read more
On Dec. 9, OpenAI made its artificial intelligence video generation model Sora publicly available in the U.S. and other countries. Cfoto | Future Publishing | Getty Images The U.K. is drawing up measures to regulate the use of copyrighted content by tech companies to train their artificial intelligence models. The British government on Tuesday kicked … Read more
Jaque Silva | Nurphoto | Getty Images Temu, the popular e-commerce app owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on its U.S. iOS store for the second year running, highlighting the massive success that Chinese apps are enjoying in the world’s largest consumer market. ByteDance’s TikTok came in … Read more
A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company’s first step toward international expansion. Waymo hasn’t committed to start commercial service in Tokyo yet, … Read more
Sebastien Bozon | AFP | Getty Images LONDON — The U.K. officially brought its sweeping online safety law into force on Monday, paving the way for stricter supervision of harmful content online and potentially massive fines for technology giants like Meta, Google and TikTok. Ofcom, the British media and telecommunications watchdog, published its first-edition codes … Read more
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