Big oil’s big payouts under strain as energy prices fall
Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in…
PS5 Pro Is ‘Exceptional Value’ for ‘Most Engaged’ Players, Says Sony
Arguably the biggest criticism of the PS5 Pro is its price. The $699.99 retail price is a pretty hard ask…
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…
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…
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…
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…
Intel motherboard partners begin to roll out Raptor Lake microcode updates to banish Vmin Shift Instabilities
Intel motherboard partners have started to roll out the first batch of microcode updates to address the issue known as…