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Boeing cuts 5% of Commercial Airplanes workforce amid production challenges
Boeing's Commercial Airplanes Division is cutting 5% of its workforce to adapt production schedules amid ongoing challenges in ramping up jet production. This decision follows a significant $1.1 billion loss and aims to…
Nvidia faces class-action lawsuit over Huang's ties to Chinese operative
Nvidia and CEO Jensen Huang are facing a class-action lawsuit for allegedly misleading investors about Huang's ties to a suspected Chinese intelligence operative, potentially impacting the company's valuation and govern…
Binance reimburses users $6.3 billion, analysts predict stable crypto market
Binance will fully reimburse users for the $6.3 billion hack, using its emergency insurance fund to prevent wider market disruption. Analysts believe this swift action will restore investor confidence and stabilize the …
AI chip stocks rebounded on Friday after a significant selloff, providing temporary relief to investors amid ongoing concerns about global politics and rising …
A Reuters survey shows that 10% of people now use AI chatbots for news weekly, raising concerns among publishers about lost ad revenue as AI tools bypass origi…
Arm Holdings reported $1.2 billion in royalty revenue for its fiscal second quarter, a 12% increase, but below the $1.3 billion analysts expected. This slower …
Dana Incorporated has raised its full-year sales outlook to $7.8 billion due to strong performance in automotive and industrial sectors, especially in electric…
US tech stocks, particularly AI-linked companies, fell sharply after the Democrats gained control of Congress, raising fears of stricter regulations on data ce…
Thailand's SEC is blocking the acquisition of local cryptocurrency exchange Bitget due to compliance concerns, highlighting increased regulatory scrutiny in th…
Tesla will wind down Cybertruck production at its Texas Gigafactory by mid-2027 to focus on the new Cybercab, an autonomous robotaxi. This decision raises unce…
Asian tech stocks fell sharply due to fears of tighter AI regulations following strong Democratic midterm election results. Investors are concerned that new re…
Salon.com will shut down its cultural and political website after 31 years due to declining revenue and challenges faced by legacy digital publishers. The clos…
Apple plans to bid for Formula 1 streaming rights in more countries, following its successful U.S. debut as the exclusive broadcaster. This expansion could inc…
Xyra Group has made a rescue bid for Poundland, offering to pay £12.5 million of its £30 million loan, amid concerns about the retailer's potential collapse an…
