Chinese electric car company Nio said it doesn’t expect U.S. restrictions on Nvidia to affect the start-up’s business operations. Vcg | Visual China Group | Getty Images Li said Wednesday ...
Tag: Technology
United Airlines raises bet on electric air taxis with 200 aircraft from upstart Eve
United Airlines ordered 200 Eve Evtol aircraft. Source: United Airlines United Airlines is pouring more money into the future of electric air taxis, which the carrier says could help reduce carbon emi...
Moviegoing won’t return to pre-pandemic levels, says Disney’s Bob Iger
Robert Iger attends the Stella McCartney “Get Back” Capsule Collection and documentary release of Peter Jackson’s “Get Back” at The Jim Henson Company on November 18, 202...
Alphabet CEO Pichai Sends New Warnings About the Economy
The economy’s health is currently the main concern of companies and investors. Will the economic machine slow to the point of seizing up? The Federal Reserve will continue to aggressively raise ...
California avoids widespread rolling blackouts as heat strains grid
A temperature sign at an El Dorado Savings Bank during a heatwave in Sacramento, California, on Tuesday, Sept. 6, 2022. David Paul Morris | Bloomberg | Getty Images California has avoided ordering rol...
Harbinger EV startup medium trucks NAIAS 2022
Harbinger EV truck Jack Schroeder | Harbinger A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-...
Nio reports wider second-quarter loss despite increase in EV shipments
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had a loss of $409...
12 semiconductor stocks bucking the downcycle trend
Semiconductor stocks have been great outperformers over long periods, but their movement this year underscores how cyclical the industry can be. Here is a look behind the numbers that are driving down...
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production – Technology Bitcoin News
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). B...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
What’s Your 20? How Film Crews Use New Two-Way Radio Technology On Set
US actor Tom Cruise checks uses a talkie-walkie during the filming of “Mission Impossible : Lybra” … [+] on October 6, 2020 in Rome. (Photo by Alberto PIZZOLI / AFP) (Photo by ALBERT...
Trump SPAC adjourns shareholder meeting as it seeks to delay merger deadline
The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year. Leon Neal | Getty Images Digital World Acquisition Corp. ...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Bitcoin Prices Are Falling. Why Analysts Say a ‘Massive Capitulation’ Is Coming.
Text size Bitcoin continues to trade at less than one-third its all-time high from November 2021. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were under pressure on Monday. While...
Samsung says personal data of some U.S. customers exposed in breach
Samsung Electronics Co. is warning some U.S. customers that their personal data was exposed in a recent breach. Samsung announced the breach in a brief statement late Friday, as Americans were about t...
GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week
Text size U.S. stock and bond markets will be closed on Monday for Labor Day. It’s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data rele...
Opinion: The Alieno Unum is purported to be a 5,221-horsepower EV funded by its own crypto. We tried to get to the bottom of this $2.7 million hypercar.
The first Rimac Nevera was delivered to a customer last month, marking a historic moment in electric vehicles. The Croatian hypercar takes the crown as the most powerful (1,813 horsepower) and fastest...
Rising Pressure on Profits Darkens Outlook for Tech Shares
Micron Technology is among the companies that have warned about softening PC demand. Courtesy Micron Text size In early summer, I wrote a Tech Trader column previewing the June quarter earnings season...
Reality Bites: Cathie Wood’s Flagship Suffers Outflow
Ark Innovation ETF (ARKK) , the flagship fund of renowned investor Cathie Wood’s Ark Investment Management, is finally starting to pay a price for its underperformance. Ark funds have tumbled in rece...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...