BMW has officially opened its new 15 billion yuan ($2.2 billion) factory in Shenyang, China with a strong focus on electric vehicles.

Amazon said Thursday that it’s giving minority-led organizations $23 million to build and preserve more than 560 affordable homes in Seattle.

Intel’s Ohio factory was announced in January and would be the most significant expansion of U.S.-based semiconductor manufacturing in years.

Netflix is laying off around 300 employees across the company, CNBC confirmed Thursday.

The discussion draft would modernize a financial data protection law known as the Gramm-Leach-Bliley Act.

Instagram announced Thursday that it’s testing new options for users to verify that they are 18 years old, including video selfies.

A test car made by Chinese electric vehicle start-up Nio fell out of a third-floor parking lot of a building in Shanghai, killing two people.

History shows recessions have led to spikes in media layoffs, but executives say this time may be different.

Tesla’s factories in Texas and Berlin are losing “billions of dollars” as supply chain issues hamper the firm’s ability to boost production, CEO Elon Musk said.

The idea behind the hybrid ships is that they can run on liquefied natural gas (a fossil fuel), battery power or a combination of the two.

There has been a push from China for greater control over areas Beijing sees as influencing society including video games, livestreaming and celebrity culture.

Hundreds of workers from start-ups in Southeast Asia have been fired in the last few months, proving that the industry is not immune to the economic slowdown.