Verizon says its network is ‘fully restored’ following an hours-long outage
Verizon mobile customers reported widespread outages across the US on Monday. Starting at around 9:30AM ET, hundreds of thousands of…
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…
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.…
China AI Chip Leader Soars 20% Limit as Beijing Warns on Nvidia
Cambricon, the biggest publicly traded designer of the chips that underpin AI development, gained the maximum allowed in heavy trading.…
Tesla, Musk beat shareholder lawsuit over self-driving promises
Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by…
Netflix’s stunning comeback — explained in one chart
Netflix is crushing the streaming competition. You know this, and its competitors know this. But its big win wasn’t always…
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…
Nvidia shares fall and its Chinese rivals soar after Beijing urges AI companies to look elsewhere for chips
Nvidia’s share price has taken a knock, and its Chinese chipmaking rivals have soared, after Beijing reportedly discouraged Chinese AI…
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…