Intel considers selling Mobileye stake in light of pressure and share price decline – Intel (NASDAQ:INTC)
Mobileye Global Inc MBLY The stock is trading lower on Friday after reports that Intel Corp INTC is considering a strategic sale of shares in the Israeli autonomous driving company. Intel could sell up to 88 percent of its stake…
A $129 Barbie phone is generating a lot of excitement – is it worth the pink hype? – Mattel (NASDAQ:MAT)
HMD Globalthe company behind Nokia-brand phones, has partnered with toy manufacturer Mattel Inc. MAT introduce BarbieFlip phone with motif. What happened: The partnership between HMD Global and Mattel resulted in the HMD Barbie Phone, a compact, pink flip phone with…
What’s happening with Taiwan Semiconductor and Nvidia stocks on Tuesday? – NVIDIA (NASDAQ:NVDA), Taiwan Semiconductor (NYSE:TSM)
China has imposed strict export controls on key semiconductor materials, severely disrupting global supply chains and raising concerns about potential bottlenecks in Western production of high-performance chips and optical military hardware. The restrictions mainly affect the shipment of germanium and…
Report: Nvidia’s share price rise makes employees millionaires and reduces turnover to record low – NVIDIA (NASDAQ: NVDA)
Nvidia Corp NVDA has succeeded in reducing employee turnover through appropriate compensation packages. The chip designer is known for its demanding work environment, where employees toil up to seven days a week, with working hours extending until 2 a.m. CEO…
Nvidia Tech drives Chinese AI growth abroad, Alibaba increases investment by $7 billion – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)
Chinese artificial intelligence developers have made a breakthrough in accessing sophisticated AI chips, while US semiconductor sanctions against China undermine their AI ambitions. Chinese AI developers acquire advanced Nvidia Corp NVDA chips without importing them into China by using overseas…
US energy giant Chevron invests one billion dollars in Bengaluru Tech Centre
The US-based energy powerhouse Chevronhas announced its intention to invest $1 billion (around Rs. 8,390 crore) to build a technology hub in Bengaluru. What happened: Chevron on August 20 unveiled its plan to set up the Chevron Engineering and Innovation…
Palantir co-founder Peter Thiel says Gavin Newsom’s California “doesn’t work” from a government perspective: “You have a crazy religion, ‘wokeism’ in California and Wahhabism in Saudi Arabia”
California is unattractive for Palantir co-founders and venture capitalists Peter Thielwho finds many parallels between the Golden State and Saudi Arabia. What happened: Californians have no choice and people on the margins of society are leaving the state, but it…
Why Apple is investing billions of dollars in a project that won’t pay off in the short term: Gurman speaks out – Apple (NASDAQ:AAPL), Qualcomm (NASDAQ:QCOM)
Apple, Inc. AAPL continues to spend money on a project that may not generate returns commensurate with the investment in the near future, according to Bloomberg’s Mark Gurman said on Sunday. Long-term focus: Apple is taking a long-term view with…
What’s happening with Ford Motor stock today? – Ford Motor (NYSE:F)
Ford Motor Company F is reportedly recalling around 85,000 Explorer SUVs with the Police Interceptor Utility package due to concerns about the possibility of engine fires. According to Reuters, the National Highway Traffic Safety Administration stated that if an engine…
Survey shows most subscribers will cancel their streaming service because of a 5% price increase – Fox (NASDAQ:FOX), Walt Disney (NYSE:DIS)
According to a survey by Gasoline. According to the survey, 54 percent of the 90 respondents said they would cancel a service if its price increased by 5 to 10 percent. About a quarter, or 24 percent, would cancel their…
