According to a Reuters report quoting information from people familiar with the situation, the Biden administration is increasing pressure on China's leading sanctioned chipmaker by preventing more American imports into its most sophisticated factory, which created a sophisticated chip for...

Walmart announced on Tuesday that it would acquire smart TV manufacturer Vizio for $2.3 billion, kicking off the reporting season for U.S. retailers with strong fourth quarter earnings following a surge in shoppers due to inflation.   The retail giant's shares increased 3% in premarket trade...

Elon Musk, the founder of Neuralink, announced late on Monday that the first patient to get a brain chip from the business looks to be fully healed and capable of using their thoughts to move a computer mouse.   "The patient is making good progress and appears to have fully recovered, with...

After a turbulent year for ChatGPT's creator, OpenAI has reached an agreement with investors that is purportedly valued at $80 billion or more for the California start-up.   The deal would have roughly tripled the business's worth in less than ten months. OpenAI has not officially confirmed...

The European Commission is planning to punish Apple approximately 500 million euros ($539 million) for alleged violations of EU competition rules, according to reports citing anonymous persons with knowledge of the situation. After Spotify formally complained to regulators in 2019,...

The narrow-body C919, produced by the Commercial Aircraft Corporation of China (COMAC), China's rival to Airbus and Boeing's passenger planes, made its first flight outside of China on Sunday during the Singapore Airshow. China has made significant investments in an effort to challenge the...

Businesses who buy a "boost" for their postings on the iOS versions of Meta Platforms' social media apps, Facebook and Instagram, will now have to pay app store operator Apple an additional 30% service charge.   According to the social media behemoth, advertisers would be able to promote...

Investors in the U.S. equity options market are placing bets that a significant move in the shares of the leading artificial intelligence chipmaker in the world may result from Nvidia's impending earnings announcement. According to statistics from options analytics tool ORATS, Nvidia, which has...

Russian automaker Stellantis stopped making cars in April 2022.   However, customs records and two persons familiar with the situation indicate that Russian operators continued to work with a Chinese partner the next year to begin producing new Citroen models manufactured by Stellantis...

As it focuses on entertainment and image sensors, Sony of Japan cut its full-year sales projection for the PlayStation 5 system on Wednesday and announced plans to list its financial division the next year.   Sony revised down its 25 million PS5 sales projection for the year that ends in...

On Wednesday, technology giant Nokia announced an AI-driven tool that sends out messages to industrial workers. These messages include suggestions on how to increase factory output and alerts about malfunctioning machinery based on real-time data.   According to a statement from the firm,...