Elon Musk, Chief Executive Officer of Tesla Inc., attends a session on March 20, 2021 at the China Development Forum in Beijing, China via video link. Reuters / Roxani Liu BEIJING (Reuters) – Tesla Inc. chief executive Elon Musk said on Saturday his company would shut down if its cars …
Read More »California files will join the U.S. antitrust lawsuit against Google
By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California on Friday asked Google to join the U.S. Department of Justice’s no-confidence motion to become the first Democrat to openly support the state’s attorney general for legal action on the declaration. File photo: The company announces that it will extend its …
Read More »The Trump administration has placed China’s S.I.M.C. on the defense blacklist. And CNOC.
By Alexandra Alper, Humera Pamuk WASHINGTON (Reuters) – The Trump administration on Thursday fired China’s top chipmaker, SMIC. And oil giant CNOC. Added to the alleged blacklist of Chinese military companies, with President-elect Joe Biden likely to escalate tensions with Beijing before taking office. The Department of Defense appointed a …
Read More »Intel’s margins plummet as customers shift to cheaper chips, shares slide 10%
(Reuters) – Intel Corp. INTC.O Margins tumbled in the most recent quarter as consumers bought cheap laptops and epidemics-ridden businesses and governments blocked data center spending, news sent its shares down 10%, the report said on Thursday. File photo: Bob Swann, CEO of Intel Corporation, gave an interview to Reuters …
Read More »Analysis: The new Apple ‘iPhone 12’ can provide US network 5G speeds
By Supantha Mukherjee, Kenneth Ltd. (Reuters) – Apple will get its US close-up on Tuesday the 5th with the expected debut of Apple’s next iPhone. But the promised shining speed will not be fulfilled for most people. File photo: Apple Paul Inc. on Apple Avenue in Manhattan, New York, USA …
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