Southwest director buys 3.6 million shares, opposes more leadership changes
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an…
OpenAI asks investors to avoid five AI startups including Sutskever’s SSI
As global investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment…
Apple may need to turn to China after Indian Tata plant fire
Extensive damage from a fire at Tata Group’s Apple iPhone component plant in southern India could hamper production ahead of…
Nvidia Stock Slips As China Tells Companies Not To Buy Its Chips
Nvidia (NVDA) fell before bouncing back Monday, testing its 21-day line as China reportedly urges local companies not to buy…
Oracle to invest $6.5 billion to set up cloud facilities in Malaysia
Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company…
Meta says it will expand production of mixed reality headsets in Vietnam
Meta Platforms said on Tuesday it will expand investment in artificial intelligence innovation in Vietnam, including production of its latest…
Amazon just won a partial victory against the FTC
Amazon won partial dismissal of an FTC lawsuit alleging illegal monopoly practices. The FTC accused Amazon of stifling competition by…
Tesla factory boss defends knocking on workers’ doors when they’re off sick at home
A Tesla factory boss defended the decision to knock on workers’ doors when they’re out sick. André Thierig denied the…
Big US oil companies reveal massive payments to foreign governments
The three largest US energy exploration companies paid more than $42 billion to foreign governments last year, about eight times…
Boeing suppliers fear long-term jobs hit from strike
Boeing’s two-week-old strike has forced aerospace supplier Pathfinder Manufacturing to furlough 14 out of the company’s 54 employees, and CEO…