Intel to receive up to $3 billion under the CHIPS Act
Intel CEO Pat Gelsinger delivers a speech during Computex 2024 in Taipei at the Taipei Nangang Exhibition Center on June 4, 2024. AFP | Getty Images The Biden administration awarded on Monday Intel up to an additional three billion dollars…
Intel converts foundry business into subsidiary and considers external financing
Intel CEO Pat Gelsinger holds a wafer sample during his keynote speech at the Computex conference in Taipei on June 4, 2024. AFP | Getty Images Intel Shares rose 8% in extended trading on Monday after the company announced it…
Apple releases iOS 18 for iPhones, without Apple Intelligence
Apple CEO Tim Cook shows a peace sign as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California on September 9, 2024. Manuel Orbegozo | Reuters Apple on Monday released iOS 18, the latest…
Brazil’s Supreme Court releases assets of Elon Musk’s Starlink and X
Elon Musk, CEO of Tesla Inc., at the U.S. Capitol in Washington, DC, USA, on Wednesday, July 24, 2024. Samuel Corum | Bloomberg | Brazil’s Supreme Court announced on Friday that it had ordered banks to transfer funds from Starlink…
Amazon raises pay for delivery drivers amid growing union pressure
An aerial photo shows Amazon delivery trucks outside an Amazon distribution center in Richmond, California on July 16, 2024. Justin Sullivan | Amazon to raise the national average wage for contracted delivery drivers from $20.50 to about $22 an hour,…
Microsoft hires former GE CFO Carolina Dybeck Happe as COO
Carolina Dybeck-Happe. Courtesy of GE Microsoft told employees Thursday that it has hired Carolina Dybeck Happe as executive vice president and chief operating officer. She will report to CEO Satya Nadella. Dybeck Happe comes from GE, where she was senior…
Microsoft cuts 650 jobs in Xbox gaming division
Phil Spencer, executive vice president at Microsoft, speaks at the company’s Xbox One X unveil event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 11, 2017. Patrick T Fallon | Bloomberg | Microsoft announced Thursday that…
SpaceX conducts historic first spacewalk with Polaris Dawn crew
Polaris Dawn commander Jared Isaacman emerges from SpaceX’s Dragon capsule during a spacewalk on September 12, 2024. SpaceX SpaceX conducted its first spacewalk in the early hours of Thursday morning – a historic first for a company. The highlight of…
Ireland decides what to do with €13 billion
Shoppers on Wicklow Street in Dublin, Ireland, on Thursday, March 28, 2024. Bloomberg | Bloomberg | A landmark ruling by the European Union’s highest court means Ireland will recover €13 billion ($14.4 billion) in unpaid taxes from Apple – a…
Oracle (ORCL) Q1 2025 Earnings Report
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on October 1, 2017. David Paul Morris | Bloomberg | oracle Shares rose 9% in extended trading on Monday after the database…
