Business, Technology

Intel Says It Won’t Sell Majority Stake in Mobileye

Mobileye Global shares surged the most in nearly two years after Intel said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology.

Nick Turner | Bloomberg News
September 19, 2024
Business, Technology, Autonomous

Elon Musk Plans Startup to Rival OpenAI, Report Says

Tesla CEO Elon Musk is making plans for an artificial intelligence startup that will rival OpenAI, according to the Financial Times.

Nick Turner | Bloomberg News
April 14, 2023
Technology, Equipment

Chip Delivery Times Shrink in Sign That Supply Crunch Is Easing

Chip delivery times shrank by four days in September, the biggest drop in years, in a sign that the industry’s supply crunch is easing.

Nick Turner | Bloomberg News
October 17, 2022
Business, Technology, Fuel, Autonomous

Elon Musk Denies Talking Apple-Tesla Merger With Tim Cook

Tesla Inc. CEO Elon Musk said July 30 that he never met with Apple Inc. about a potential takeover and slammed the tech giant’s App Store fees, calling them a “global tax on the internet.”

Nick Turner | Bloomberg News
July 30, 2021
Government, Business, Logistics

US Commerce Department Urged to Resolve Hanjin Shipping Crisis

The National Retail Federation and other U.S. trade groups are urging the Commerce Department to work with the South Korean government to resolve the Hanjin Shipping Co. crisis, which stranded an estimated $14 billion of goods at sea.

Nick Turner | Bloomberg News
September 20, 2016