Sep 06, 2022
Cryptoverse: Bitcoin’s no longer the king of the swingers

By Lisa Pauline Mattackal (Reuters) - Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring. Yet, of late, it's been eerily subdued. The king of the swingers has been uncharacteristically treading water for days…

Sep 06, 2022
Inside Tesla’s drive to keep Musk’s battery promise

By Norihiko Shirouzu and Paul Lienert (Reuters) - The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology. The good news is that by using bigger cells and a…

Sep 01, 2022
Chip wreck: Nvidia sinks sector after U.S. restricts China sales

By Noel Randewich (Reuters) - U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to…

Aug 24, 2022
Twitter staff exodus accelerates amid Musk battle, whistleblower complaint

By Sheila Dang and Nivedita Balu (Reuters) - Twitter Inc is facing more employee departures, company executives told staff on Wednesday, as leaders sought to address multiple challenges, including whistleblower https://www.reuters.com/markets/deals/twitter-whistleblower-could-help-musk-by-adding-volatility-legal-battle-2022-08-23 allegations and a legal battle with billionaire Elon Musk.…

Aug 22, 2022
Tesla loses challenge to California agency suing for race bias

By Daniel Wiessner (Reuters) -A California administrative agency has declined to review Tesla Inc's claim that the state's civil rights watchdog suing the company for race bias at an assembly plant is rushing to sue businesses without conducting full investigations.…

Aug 16, 2022
OK Google, get me a Coke: AI giant demos soda-fetching robots

By Paresh Dave MOUNTAIN VIEW, Calif. (Reuters) - Alphabet Inc's Google is combining the eyes and arms of physical robots with the knowledge and conversation skills of virtual chatbots to help its employees fetch soda and chips from breakrooms with…

Aug 12, 2022
U.S. tightens export controls on advanced chip, gas turbine engine tech

By David Shepardson WASHINGTON (Reuters) -The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The "emerging and foundational…

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