How innovation died at Intel: America’s only leading-edge chip manufacturer faces an uncertain future and lawsuits
Intel’s (INTC) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in…
Crypto Market Sees $1.2 Billion in Liquidations as Bitcoin, Dogecoin, XRP and Solana Face Double-Digit Losses
Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses. After briefly…
Rupee falls below 85/USD as Fed’s hawkish shift rattles Asian currencies
The Indian rupee weakened past 85 per dollar on Thursday, hitting an all-time low as the Federal Reserve’s scaling back…
Taiwan’s China Airlines splits $12-billion jet deal between Boeing and Airbus
Taiwan’s China Airlines will split an order for its long-haul fleet renewal between Boeing and European rival Airbus and buy…
US asks Nvidia to investigate how its chips ended up in China
The U.S. Department of Commerce has recently asked Nvidia to look into how the company’s products ended up in China…
Apple and Meta are beefing over the DMA’s mandated interoperability requests
Apple has issued a complaint about Meta regarding the DMA’s mandated interoperability requests. The iPhone maker says that Meta has…
Powell says Fed cannot hold bitcoin, not seeking to change that
Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any…
Sony to become top shareholder of media powerhouse Kadokawa
Sony Group said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa,…
Ford to change its quality leader as it chases lower warranty costs
Ford Motor is appointing a new head of quality, the company confirmed on Wednesday, as the automaker works to reverse…
The Self-Driving Computer in Brand New Teslas Is Failing
It seems that Tesla’s self-driving efforts have hit another snag, because the computers built into its cars that run its…