China gallium curbs raise chip questions for future EV models
By Nick Carey LONDON (Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can…
Technology
Meta’s social media apps back up after brief outage – Downdetector.com
(Reuters) -Meta Platforms’ social media apps Instagram and Facebook, messaging app WhatsApp and Twitter-rival Threads were all back up after…
Analysis-Yellen’s China trip yields long meetings, ‘cordial’ tone, but no consensus
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen went to Beijing with no expectations that meetings with…
Yellen says US, China want to ‘stabilize’ relationship
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their…
Foxconn dumps $19.5 billion Vedanta chip plan in blow to India
By Ben Blanchard, Munsif Vengattil and Aditya Kalra TAIPEI/BENGALURU (Reuters) -Taiwan’s Foxconn has withdrawn from a $19.5 billion semiconductor joint…
US lawmakers consider changes to TikTok crackdown bill -senator
By David Shepardson ARLINGTON, Virginia (Reuters) -U.S. lawmakers are considering changes to address concerns about a bill that would give…
Uber CFO Nelson Chai plans to step down – Bloomberg News
(Reuters) -Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday,…
Global hedge funds shine in June, driven by AI -HFR
NEW YORK (Reuters) – Global hedge funds posted gains of 2.2% in June, as artificial intelligence-related stocks surged and the…
Market heavyweights dip ahead of Nasdaq 100 rebalance
(Reuters) – Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance…
Meta’s Twitter rival Threads surges to 100 million users faster than ChatGPT
By Katie Paul and Akash Sriram (Reuters) -Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of…