Spirit Aero losses more than double as 737 output drops, A220 woes linger
Spirit AeroSystems said on Monday its quarterly losses more than doubled as 737 fuselage shipments to its biggest customer Boeing…
Exclusive-Chinese firms stockpile high-end Samsung chips as they await new US curbs
Chinese tech giants including Huawei and Baidu as well as startups are stockpiling high bandwidth memory (HBM) semiconductors from Samsung…
Samsung Chips Boss Warns of ‘Vicious Cycle’ Unless Changes Made
Samsung Electronics Co.’s chip business leader warned that Korea’s largest company risked getting caught in a “vicious cycle” if it…
US Justice Dept. is investigating Nvidia’s acquisition of AI startup, Politico reports
The U.S. Department of Justice is investigating chip giant Nvidia’s (NVDA) buyout of AI startup Run:ai on antitrust grounds, Politico…
Amazon is responsible for hazardous items sold by third-party sellers
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by…
Starbucks App Users Report Outage Ahead of Buy One, Get One Deal
Starbucks Corp.’s mobile ordering via its app appeared to be down on Tuesday morning. About 1,400 users reported issues around…
Spirit Airlines to start offering premium seating
Spirit Airlines said on Tuesday it will begin to offer premium seating options, marking a shift from its traditional business…
Mitsubishi Motors’ shares up on reports it will join Honda-Nissan partnership
Shares in Mitsubishi Motors surged on Monday following media reports that the Japanese automaker is in talks to join Nissan’s…
Meta’s Oversight Board says deepfake policies need update and response to explicit image fell short
Meta’s policies on non-consensual deepfake images need updating, including wording that’s “not sufficiently clear,” the company’s oversight panel said Thursday…
Rivian to face trial in Tesla trade secrets theft case, judge says
Electric car maker Rivian Automotive will go on trial over allegations that it encouraged its employees who defected from Elon…