In a new advertisement, Meta targets Apple's iMessage, heightening the rivalry between the two companies.   A photo of an advertisement in New York's Penn Station claiming that Meta's WhatsApp is more secure and private than Apple's messaging system and traditional text messages was shared...

According to the Nikkei, Apple Inc has put plans to use memory chips from China's Yangtze Memory Technologies Co in its products on hold after Washington tightened export controls against Chinese technology companies.   According to Nikkei, Apple had originally planned to begin using...

According to several industry sources, oil output at the massive Exxon-led Sakhalin-1 Russian Pacific project has been halted due to the U.S. major's refusal to accept local insurance for tankers after Western insurers withdrew due to sanctions.   Western insurers have pulled coverage from...

In response to a downturn in the personal computer market, chipmaker Intel Corp is planning a significant reduction in headcount, possibly numbering in the thousands, according to a report by Bloomberg News, quoting information from individuals with knowledge of the matter.   According...

Federal authorities in the United States are looking into Elon Musk's actions in connection with is $44 billion acquisition of Twitter Inc., the social media company revealed in a court document on Thursday.   While the filing stated that he was the subject of inquiries, it made no mention...

The third-quarter profits of the energy giant Shell is expected by the company to be affected because of margins nearly being reduced by half for its oil refining business, as well as deteriorating chemical margins, and lower natural gas trading.   The British energy behemoth reported two...

Apollo Global Management Inc and Sixth Street Partners, which were looking to provide financing for Elon Musk's proposed $44 billion buyout of Twitter Inc, are no longer in talks with the billionaire entrepreneur, according to a Reuters report quoting two sources with knowledge of the matter. ...

In recent years, American businesses have had an increasing number of reasons to reduce their ties with China. Tariffs imposed by former President Donald Trump Beijing's Covid lockdowns are severe. The Sino-American standoff over Taiwan. Political pressure to "friend-shore" supply chains to...

Arrival, a British electric van and bus manufacturer, said on Friday that it had missed its third-quarter target for starting van production due to supply chain issues, but that it was on track to meet its goals by the end of 2022.   "The supply chain is broken and we're a new company,"...

Porsche AG shares rose sharply on Thursday after Volkswagen defied volatile markets by listing the sports car manufacturer at a valuation of 75 billion euros ($72 billion) in Germany's second-largest market debut.   Volkswagen priced Porsche AG shares at the high end of the indicated range,...

The first publicly traded electric motorcycle company in the US was created when Harley-Davidson Inc. spun off its electric motorcycle division, LiveWire, through a SPAC deal.   Following the unit's $1.77 billion merger with a blank-check company on Tuesday, LiveWire Group Inc.,...