By David Shepardson and Rachael Levy WASHINGTON (Reuters) – President-elect Donald Trump’s incoming administration plans to target federal regulations championed by President Joe Biden that aim to make automobiles more fuel-efficient and incentivize a shift toward electric vehicles, according to two sources in contact with Trump’s transition team. The move appears aimed at satisfying a…
BRUSSELS (Reuters) – EU antitrust regulators will make a decision on U.S. chipmaker Nvidia’s proposed acquisition of Israeli AI startup Run:ai by Dec. 20, according to a European Commission filing. The EU antitrust watchdog warned last month that the deal threatens competition in the markets where the companies operate and ordered Nvidia to seek its…
(Reuters) – Qualcomm expects $8 billion in automotive chip revenue and $4 billion in PC chip sales by fiscal 2029, it said at an investor event held in New York on Tuesday. San Diego, California-based Qualcomm is the world’s top supplier of mobile phone chips that connect handsets to mobile data networks. It makes money…
WASHINGTON (Reuters) – Dell Technologies and Iron Bow Technologies have agreed to pay more than $2 million each to resolve allegations by the U.S. government they overcharged the Army on a computing contract, the Justice Department said on Tuesday. Dell has agreed to pay $2.3 million and Iron Bow has agreed to pay $2.05 million to…
