Why Rivian’s $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant…
China says TSMC chip curbs undermine interests of Taiwan companies
China’s Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments of…
Exclusive-Pfizer explores sale of hospital drugs unit
Pfizer (PFE) is exploring the sale of its hospital drugs unit, as the drugmaker, which has been under pressure from…
Boeing starts issuing layoff notices as planemaker trims 10% of workforce
Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by…
Vietnam Airlines to request bids for 50 narrowbody jets next year
Vietnam Airlines will issue requests for proposals to aircraft manufacturers next year to purchase 50 narrowbody jets, its CEO said…
Bitcoin approaches $90,000 as post-election record streak rages on
Bitcoin edged closer to $90,000 on Tuesday as the rally fueled by Trump’s election win continued. The crypto coin has…
OpenAI is reportedly struggling to improve its next big AI model. It’s a warning for the entire AI industry
OpenAI’s next model is showing a slower rate of improvement, The Information said. It’s prompted a Silicon Valley debate about…
Netflix, Hulu, and Amazon Prime Video subscribers are hitting ‘pause’ instead of canceling altogether
Streaming video services are seeing more customers hitting “pause,” The Wall Street Journal reports. This means people cancel their subscriptions,…
Apple defends the M4 Mac mini’s power button
Apple announced a new wave of product refreshes recently, and not only does the charging port for the Magic Mouse…
Singapore’s Grab raises annual revenue forecast, shares jump
Singapore’s Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust…