Texas Gov. Abbott, Samsung announce $17B chip factory coming to Taylor
Texas Gov. Greg Abbott and Samsung announced Tuesday the company would be building a $17 billion semiconductor chip factory in Taylor, Texas
Samsung plans to build $17 billion chip-making plant in Texas
Samsung plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with the matter, a mega investment by the South Korean tech giant, as the Biden administration pushes for an expansion of U.S. semiconductor production.
MarketWatch deletes tweet about 'average Americans' paying $90 for wine, $5 for gas
MarketWatch on Saturday said it had deleted a tweet that implied $5 for a gallon of gas, a $90 bottle of wine and $200 concert tickets were typical purchases for "average Americans" in the current economy.
Meta under investigation by coalition of states over Instagram's effects on kids
Attorneys general from several states announced Thursday they have joined forces to investigate Meta over Instagram's effects on children
Rep. Kim Schrier failed to properly disclose purchase of more than $500,000 of Apple stock
Rep. Kim Schrier, D-Wash., was more than two months late in disclosing the purchase of half a million dollars worth of stock in Apple.
Toshiba plans to split into three firms, shareholder reaction in focus
Japan's Toshiba Corp outlined plans on Friday to break up into three independent companies by spinning off two core businesses - its energy and infrastructure business as well as its device and storage business.
Sony slashes PlayStation 5 production target amid chip shortage, supply chain challenges: report
Customers looking to get their hands on the highly sought after PlayStation 5 could have even more trouble this holiday season as Sony Corporation has reportedly lowered its internal production target for the popular gaming console.
Sony cuts PlayStation 5 production outlook due to component snag: report
Sony Group Corp has reduced its PlayStation 5 production outlook for this fiscal year due to component and logistics constraints, Bloomberg News reported on Wednesday.
Google to provide $20M in career support for military families, veterans
Google is set to provide $20 million in grant funding and donations to support economic empowerment for veterans and the military community.
IBM, McDonald's to serve up automated drive-thru lanes with strategic partnership
Under the agreement, IBM will acquire McD Tech Labs, which has been working to develop, test and deploy an automated ordering system using artificial intelligence-enabled voice recognition.
Intel’s earnings dented by chip shortage
Intel Corp. disappointed investors even as it posted stronger third-quarter earnings and raised its full-year sales outlook, as global chip shortages eat into potential sales.
IBM revenue misses on weakness in legacy infrastructure unit
IBM on Wednesday missed market estimates for quarterly revenue as its managed infrastructure business suffered from a decline in orders ahead of a spinoff next month, sending its shares down in extended trading.
Judge orders details of alleged Google-Facebook collusion to be public
Details of alleged collusion between Google and Facebook to squash competition in the online ad space are set to be made public this week, a federal judge has ordered.
Columbus Day sales ditched by retailers amid supply chain disruptions, 'Indigenous Peoples' Day' culture wars
Columbus Day sales are waning in popularity among retailers, and not for the reason some people may think.
California mandates gender-neutral toy aisles for large retailers
California Democratic Gov. Gavin Newsom signed into law Saturday a mandate for large retailers to keep a gender-neutral aisle for children’s toys.
Facebook exec outlines 'future plans' to implement measures to protect teens on Instagram
Facebook has several ideas in mind for how to better serve teens and protect them from known harms of social media, after a former employee disclosed documents showing that the company had been aware of how a significant percentage of young users face negative effects from using Instagram, which Facebook owns.
TSMC and Sony considering joint chip factory, Japan gov't to help -Nikkei
Taiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday.
Facebook, Instagram users report trouble logging on just days after global outage
Facebook acknowledged that some users were unable to access its platforms on Friday afternoon, days after an outage knocked the social media company’s services offline for several hours.
Samsung says Q3 profit likely highest in 3 years on rising chip prices
Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely rose 28% to the highest in three years, helped by rising memory chip prices and display sales for smartphone makers' new flagship launches.
Biden visit to Clayco, whose CEO is Dem donor, raises eyebrows
President Biden’s official visit to the Clayco Inc. construction site near Chicago on Thursday comes after the company’s CEO donated more than $137,000 to the president's 2020 campaign.


















