Category: Business

Business

STMicro and GlobalFoundries plan 5.7 bn euro French factory

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Reading Time: 3 minutesad_1 Computer chips are produced on circular ‘wafers’ of silicon. French-Italian chipmaker STMicroelectronics and US-based GlobalFoundries will plough 5.7 billion euros ($5.8 billion) into a new …

Business

Juul Nears Its Last Gasp—After It Hooked a Generation on Vaping

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Reading Time: 2 minutesad_1 A federal court sided with the health groups in 2019, compelling the FDA to start enforcing its authorization process for e-cigarettes companies. The FDA gave …

Business

Alibaba and Tencent stocks plunge after latest fines

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Reading Time: 3 minutesad_1 A Chinese security guard rides past the logo for Chinese tech firm Alibaba in Beijing, China on Aug. 24, 2021. Shares of Chinese technology firms …

Business

Leaked Uber docs reveal bare-knuckle expansion tactics: investigation

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Reading Time: 2 minutesad_1 A study of more than 100,000 Uber documents and records show the company employed ethically dubious tactics as it sought to assert early dominance in …

Business

Twitter’s future uncertain as it faces messy breakup with Musk

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Reading Time: 4 minutesad_1 Elon Musk, seen here in Texas in April 2022, looks to be in the weaker position from a legal standpoint as he tries to pull …

Business

From volatile courtship to messy divorce

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Reading Time: 3 minutesad_1 Elon Musk’s pursuit of Twitter appears to be headed to court. Elon Musk’s pursuit of Twitter was a melodrama from beginning to end—a volatile courtship …

Business

smasher of elites or self-serving pragmatist?

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Reading Time: 4 minutesad_1 Elon Musk, pictured at SpaceX’s Starbase facility in Texas in February 2022, is often seen as a libertarian. He has scorned organized labor, mocked political …

Business

Elon Musk says he’s terminating Twitter deal, board to fight

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Reading Time: 5 minutesad_1 Elon Musk speaks at the SATELLITE Conference and Exhibition March 9, 2020, in Washington. Musk will participate in a meeting with employees of Twitter on …

Business

What explains the cryptocurrency crash?

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Reading Time: 4 minutesad_1 Cryptocurrencies have real-world use cases and will remain a viable investment because of the functionality blockchain technology provides as a public ledger for transactions, says …

Business

Activists say Amazon misled shareholders about warehouse working conditions

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Reading Time: 4 minutesad_1 Credit: Unsplash/CC0 Public Domain When the investment firm BlackRock voted against an independent audit of the working conditions at Amazon’s warehouses, it was relying on …