“China is doing quite well in pretty much everything, except semiconductors,” said Kirkland Capital’s CEO.
Category: Technology
Elon Musk attorneys aim to move trial from California to Texas, citing ‘local negativity’
Elon Musk and Tesla are set to face a jury in a shareholder class action that claims the CEO manipulated Tesla’s stock in 2018.
A fake tweet spurred an anti-vaccine harassment campaign against a doctor
Despite the overwhelming success of the Covid vaccines, an aggressive and politicized anti-vaccine community is using new tactics to try to smear doctors.
Amazon still ‘fully committed’ to Alexa despite job cuts, hardware chief says
Alexa and other parts of Amazon’s devices and services organization were a major target of the company’s recent layoffs.
Salesforce co-CEO Marc Benioff hints at more potential layoffs after this week’s job cuts
Salesforce is confronting slowing growth, an activist investor concerned about the company’s operating leverage and a set of high-profile departures.
Reuters reveals Sam Bankman-Fried to reverse decision on contesting extradition
Reuters exclusively reported that former FTX Chief Executive Sam Bankman-Fried was expected to appear in court in the Bahamas this week to reverse his decision to contest extradition to the United States, where he faces fraud charges. The post Reuters reveals Sam Bankman-Fried to reverse decision on contesting extradition appeared first on Reuters News Agency.
Metaverse off to ominous start after VR headset sales shrank in 2022
Meta is betting big on virtual reality as an anchor technology for its metaverse, but VR isn’t catching on yet within the mainstream.
FTX diverted $200 million of customer money for two venture deals that caught the SEC’s attention
As Sam Bankman-Fried was using FTX customer money for all sorts of risky trading and lending, he was also making large venture investments.
Elon Musk tells Tesla employees don’t be ‘bothered by stock market craziness’
Tesla CEO Elon Musk sent a companywide email on Wednesday urging employees to stay focused and not to pay attention to the slumping stock price.
‘It’s a lot more of headline risks than anything else’: Analyst maintains bullish outlook on Apple
An analyst maintains a bullish outlook on Apple despite shares of the tech giant falling to their lowest since June 2021 amid continued iPhone supply concerns.