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.
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.
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.
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.”
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.