Tech
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Twitter ad revenue to plummet 28 percent in 2023: Forecast
Twitter’s income from advertising will fall by 28 percent in 2023, a closely watched forecast said Tuesday, as the platform…
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CEO Tim Cook to open first Apple stores in India in pivot beyond China
Apple Inc. Chief Executive Officer Tim Cook has scheduled a trip to open the iPhone maker’s first stores in India…
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Tesla to build Shanghai factory to make Megapack batteries, ramp up auto output
Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua…
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Huawei looks to move Middle East HQ to Saudi Arabia
Huawei Technologies Co. is looking to make Riyadh its headquarters for the Middle East amid a push by the Saudi…
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Car owner sues Tesla over alleged intrusion of privacy
A California-based owner of a Tesla vehicle has sued the electric carmaker in a prospective class action lawsuit accusing it…
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Samsung to cut chip production after profits plunge 96%
Samsung Electronics will cut memory chip production after estimating a 96% drop in its quarterly operating profit. The chip-making giant…
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Four Asian countries lead in US chip diversification move away from Taiwan, China
Thailand, Vietnam, India, and Cambodia have emerged as early winners this year as semiconductor production begins to move away from…
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India startups call for antitrust probe of Google in-app billing fee
Top startups in India have called on the country’s competition watchdog to launch an inquiry into Alphabet’s Google for allegedly…
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Saudi startup ToYou hires Moelis to help raise funds to fuel super app’s growth
Saudi Arabia’s ToYou, a startup that provides a range of services from ride hailing to food delivery, has hired Moelis…
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Branson’s rocket-launch firm Virgin Orbit files for bankruptcy
Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to…
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