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July 13, 2022
Taiwan Says Foxconn Needs Govt Approval For Any China Chip Firm Investment
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, would need Taiwanese government permission if its unit were…
Hyundai Motor Launches First Electric Sedan, Taking On Tesla
By Heekyong Yang SEOUL (Reuters) – Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the…
Crypto Lender Celsius Files For Bankruptcy
(Reuters) -Crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim of a dramatic…
Tesla’s High-profile Autopilot Exec Departs
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Andrej Karpathy, a high-profile Tesla executive who played a key role in developing the…
Tesla AI Executive Leaving Company After 4-month Sabbatical
SAN FRANCISCO (Reuters) -Andrej Karpathy, senior director of artificial intelligence at Tesla Inc who has been on a four-month sabbatical,…
Wall St Ends Down As Hot Inflation Data Raises Odds Of Steep Fed Rate Hike
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed modestly lower on Wednesday after investors digested hotter-than-expected U.S. inflation…
EXPLAINER: What happens next in the Musk-Twitter saga?
In the latest twist in the Twitter-Elon Musk saga, the company has sued the billionaire Tesla CEO in an attempt…
Hot Inflation Fuels Bets On Supersized Fed Rate Hike
By Lindsay Dunsmuir and Ann Saphir (Reuters) -The U.S. Federal Reserve is seen ramping up its battle with 40-year high…
Netflix to rely on Microsoft for its ad-backed video service
SAN FRANCISCO (AP) — Netflix has picked Microsoft to help deliver the commercials in a cheaper version of its video…
Hot Inflation Fuels Bets On Super-sized July Fed Rate Hike
By Lindsay Dunsmuir and Ann Saphir (Reuters) -Investors were betting on Wednesday the U.S. Federal Reserve will deliver a super-sized…