Technology | Jul 22, 2022
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
Sweden-headquartered Northvolt recently said its first gigafactory had started commercial deliveries to European customers.
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Technology | Jul 21, 2022
San Francisco businesses struggle to hang on as tech workers stay home
Downtown San Francisco is seeing higher vacancy rates than other urban cities as residents depart and employees go remote.
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Technology | Jul 21, 2022
Snap shares plunge 25% on disappointing second-quarter results and plans to slow hiring
Snap missed Wall Street estimates for sales and disclosed a wider-than-expected loss in its second-quarter earnings report.
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Technology | Jul 20, 2022
Tesla grows revenue 42%, but automotive margins decline
Tesla’s margins were impacted by inflation and fiercer competition for the components that go into EVs.
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Technology | Jul 20, 2022
Coinbase jumps 14% after saying it has no exposure to bankrupt crypto firms
Coinbase said in a blog post that it had “no financing exposure” to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
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Technology | Jul 20, 2022
Netflix’s earnings results mark pivot point for streaming giant, for better or worse
Netflix’s second-quarter results may serve as a flag-in-the-ground moment for the company, for better or worse.
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Technology | Jul 20, 2022
Senate advances more than $50 billion bill to boost U.S. semiconductor production
The Senate on Tuesday voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China.
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Technology | Jul 20, 2022
Google adds a new way to block calendar spam. Here’s how to use it
Google introduced a new feature on Wednesday that aims to help users keep their Google Calendars free from spam.
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Technology | Jul 20, 2022
Bitcoin tops $24,000 as hopes of softer Fed action fuel crypto relief rally
Bitcoin topped $24,000 Wednesday for the first time since mid-June.
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Technology | Jul 20, 2022
A top European carmaker suggests the global chip shortage is easing
Volvo Cars’ semiconductor inventory is now “back at fully supply,” CEO Jim Rowan told CNBC.
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Technology | Jul 20, 2022
Global chip shortage is not over and the slowdown is ‘going to bite,’ analyst says
The global chip shortage is not over yet, and the war in Ukraine continues to put a strain on supplies of important parts needed, says Vinay Gupta from IDC.
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Technology | Jul 19, 2022
Netflix loses fewer subscribers than expected and says cheaper ad tier is coming in early 2023
The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023.