German alternative Mastodon gets boost from newly restricted Twitter
Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity at Mastodon, a
Tesla’s blistering rally continues after quarterly deliveries beat
Tesla shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discounts was working. The leading
Rivian beats estimates for second-quarter EV deliveries
– Rivian Automotive on Monday beat Wall Street expectations for quarterly deliveries on stable demand for its electric vehicles, sending its shares up nearly 9% in
TSMC sending more workers to speed up building of new Arizona plant
Taiwanese chipmaker TSMC said on Thursday it is sending more workers from Taiwan to the U.S. state of Arizona to help build a massive $40 billion
Salesforce to invest $4 billion in UK on AI innovation
Salesforce will invest $4 billion in its UK business in the next five years, the U.S. software company said on Thursday, thanks to strong demand for
Apple stock hits record, on cusp of $3 trillion market value
Apple’s stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose
Chip industry globalisation under threat, says chief of China’s YMTC
Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and
Morgan Stanley board considers next CEO while Gorman clears the decks
Morgan Stanley’s board will focus on the selection of CEO James Gorman’s successor at its summer and fall meetings, a person familiar with the situation said,
Apollo Global leads debt investment in chipmaker Wolfspeed, media report
A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion
Yara delays potential sale of clean ammonia stake
Norway’s Yara has postponed the potential sale of a minority stake in Yara Clean Ammonia (YCA), the fertiliser maker said in a strategy update on Monday.
