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…
July 13, 2022
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…