Biden touts new $3.3 billion Microsoft data center at failed Foxconn site Trump backed
By Andrea Shalal RACINE, Wisconsin (Reuters) – U.S. President Joe Biden on Wednesday unveiled plans by Microsoft Corp to build a $3.3 billion data center in southeastern Wisconsin, drawing a…
What is the 3 Body Problem in simple terms?
For those who’ve eagerly devoured “3 Body Problem,” the latest series on Netflix from the creative minds behind Game of Thrones, David Benioff, D.B. Weiss, and True Blood writer Alexander Woo, a hunger…
Foxconn reiterates Q2 revenue to grow, posts record April sales
Βy Ben Blanchard TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, reiterated on Sunday it expected a rise in second-quarter…
AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
By Harshita Mary Varghese (Reuters) – Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into…
Paramount replaces CEO with trio as it talks merger with Skydance
By Lisa Richwine LOS ANGELES (Reuters) – Paramount Global replaced CEO Bob Bakish with atrio of executives, the company announced on Monday in the middle of talks with David Ellison’s…
Alphabet, Microsoft earnings show hefty AI bets are driving growth
By Aditya Soni (Reuters) – Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their…
STMicroelectronics cuts FY revenue outlook as slowing car market bites
By Ozan Ergenay (Reuters) – European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline…
Electric car sales to rise but affordability in focus, IEA says
By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability…
India’s Wipro scrapes past lowered revenue expectations, prioritises growth pick-up
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) – India’s Wipro edged past low revenue expectations in the fourth quarter on Friday, helped by a pick up in its…
Netflix slips as move to end sharing subscriber count raises growth doubts
By Roshan Abraham and Harshita Mary Varghese (Reuters) – Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning…