US Car Sales Fall in October
The end of EV subsidies caused a 6.5% drop in car sales as EV sales for the month fell to 74,897 from 98,289 in September.
Business
CEO Arvind Krishna Cuts Thousands of IBM Jobs
IBM's 270,000 workforce sees reductions as its cloud software segment recorded a slowdown in growth in October despite its ongoing shift away from hardware.
Perplexity's AI Shopping Agent Angers Amazon
Amazon demanded Perplexity block its Comet browser from deploying a shopping agent likely to become a curator of the Amazon experience, depriving the ecommerce site ...
Rivian Q3 Sales Surge to Beat End of EV Tax Credit
The EV startup saw Q3 sales jump 32% at a healthy average price of over $65,000.
AMD Raises Q4 Revenue Estimates
Surging demand for AI data centers causes the number 2 AI chipmaker to raise its Q4 projection a half billion dollars above analyst estimates.
Tinder Loses Paying Users
Tinder's paying users shrank by 5% as some defected to rival dating apps providing experiences deemed more meaningful than swiping right on photos.
Analysts Discuss First Real Asia Market Selloff in 7 Months
The AI-driven rise in tech stocks went too far or investors are just taking profits, depending on who you talk to.
Samsung Hit by $191 Million OLED Patent Verdict
The electronics giant was found to have infringed two Pictiva patents relating to technology for enhancing OLED performance.
Tesla's October China Sales Plunge Trebles BYD's
EVs made in Tesla's Shanghai gigafactory suffered a 32.3% plunge in global sales while rival BYD enjoyed big surge in Europe.
S. Korea GDP Grows on Exports, Consumer Stimulus
A brief slump triggered by a rogue martial law declaration and Trump tariffs are receding on surging exports of chips and ships, combined with government ...
Beta Technologies IPO Raises $1 Billion, Beat Price Range
The electric airplane maker achieved a $7.44 billion valuation with an IPO that sold shares above the planned range.
Tariffs Most Likely to Be Struck Down
Trump's misuse of the IEEPA to impose a long list of tariffs is likely to be declared invalid a week or two after Wednesday's Supreme ...
US Manufacturing Slump in Eighth Month from Tariff Disruptions
Trump tariffs have created a persisting supply-chain nightmare for US manufacturers, especially of computer and electronics products.
Verizon-AWS Fiber-Optics Routes to Speed AI Connections
Surging demand for high-bandwidth data transmission from the AI boom will be able to access faster links to AI data centers.
OpenAI-Amazon Deal Latest in Long List of 2025 AI Deals
The $38 billion deal to allow ChatGPT access to Amazon's hundreds of thousands of Nvidia processors comes on the heals of over a trillion dollars ...
Tesla Sales Plunged Again in Europe
Every European market except France saw Tesla's aging models lose half or more of its market share to explosive competition from Chinese EVs and EV ...
Global Manufacturing Declines on Full Force of Tariffs
From Asia to Europe manufacturing nations began to see the full impact of tariffs in October orders.
Blackwell Chips Won't Be Exported
In an apparent reversal of last week's allusion to Nvidia's current-generation AI GPUs being made available to China, in an interview over the weekend Trump ...
Russia to Continue Exports of Non-GMO Soybeans to China
The US-China trade deal won't impact Russia's status as the world's sole major exporter of non-GMO soybeans.
S. Korea Exports Surprise with Surge in Chips, Ships
A 131.2% surge in ship exports combined with a 25.4% jump in chip demand helped S. Korea exports soar above an uncertain tariff terrain.
Pony.ai Wins Permit for First Citywide Driverless Delivery
The city of Shenzhen will soon experience the world's first driverless delivery service.
Hyundai Seeks Role in Indonesia's National Car Quest
The world's number 3 carmaker sees an opportunity to expand its footprint in one of the world's largest consumer markets.
Auto Chip Squeeze Worsens As Nexperia Cuts Wafers to China
The global auto industry faces a potential crisis as the Dutch government blocks Nexperia from continuing to supply wafers to its China assembly plant.
AI Buildout Barrels Ahead Despite Bubble Talk
Nvidia's $5 trillion valuation and OpenAI's planned IPO for $1 trillion valuation spurs continued faith in the AI industry's growth potential.
Colgate Loses Sales to Generics on Small Price Increase
The toothpaste and soap giant loses some sales to generics on modest price increases to offset tariff costs.
Nexperia to Resume Chip Shipments from China
Auto companies had been facing production-line disruption due to maneuvering by the Dutch and Chinese governments that blocked shipments of Nexperia chips from its China ...
Anduril's Air Force "Wingman Drone" Flown for First Time
The defense contractor conducted a successful semi-autonomous test flight of a jet-powered drone designed be be a loyal wingman to crewed fighters.
China Factory Activity Shrank for 7th Month
The Purchasing Manager Index (PMI) fell to a 6-month low of 49.0 in October from 49.8 in September.
Weekly Jobless Claims Fell Last Week
Estimates based on data collected from most states suggest unemployment claims fell to 219,000, a drop from the prior week's 232,000.
Transfer of US TikTok Approved by China Says Bessent
The deal to sell control of US operations of the popular short video app from Chinese owner Bytedance to a US consortium has been long ...
Nvidia's Blackwell Chip Not Discussed at Busan Summit
Trump decided not to broach the potentially thorny subject of allowing exports of a version of Nvidia's current-generation GPU for AI data centers.
Esteé Lauder Results Confirm China Luxury Revival
Strong sales growth in China and Asia suggests the slump is over for luxury brands like Lauder, Hermes and LVMH.
EV Lull Prompts More Hybrids, Cheaper Models
The end of US $7,500 tax credits for EVs has prompted carmakers to offer more full hybrids and cheaper EV models.
Nvidia Goes from $4 Trillion to $5 Trillion in 78 Days
The unparalleled rise in the valuation of the world's most valuable company owes to a combination of Jensen Huang's strategy to keep Nvidia central to ...
Hyundai Cheers Trade Deal
The deal finalized Wednesday would lower tariffs on S. Korean exports to 15% from the current 25% in exchange for $350 billion in US investments.
China Block on Nexperia Chip Shipments Hobble Global Carmakers
After Netherlands seized control of Nexperia's Dutch operations, its Chinese parent Wingtech has prevented chip shipments disrupting production for Honda, Mercedes and other carmakers.
China to Phase Out EV Industry Subsidies
The massive subsidies of the past decade that helped build the world's most competitive EV industry will be shifted to boost other industries.
Nvidia's Blackwell Chips Teased for Trump Talks with Xi
Trump teased the possibility of allowing sales of Nvidia's state-of-the-art Blackwell AI chips to China as a topic of Thursday talks with Xi.
China Takes 3 Soybean Cargoes Ahead of Talks
China's resumption in buying US soybeans is expected to be limited due to large purchases from South America which are preferred for their higher protein ...
Nikesh Arora's Palo Alto Launches AI-Powered Cybersecurity Platform
Palo Alto's updates of cloud security platform Cortex Cloud and AI application security platform Prisma AIRS is designed to detect vulnerabilities in AI systems resulting ...
SK Group Head Sees Chip Bottleneck from AI Boom
Chips and other key supplies can't keep pace with demand from the boom in AI data center construction around the world, according to a key ...
Lucid to Launch Self-Driving EV with Nvidia AI System
The upscale EV-maker will use cameras, radar and lidar paired with an AI system from Nvidia to release a level-4 self-driving in 2026.
US Tightens Restrictions on Chinese Telecom Gear
The FCC tightened barriers to the deployment of telecommunications equipment from Huawei, ZTE, China Mobile and China Telecom as Trump prepares to meet with Xi ...
Trump Media's Truth Social Enters Prediction Market
The Trump family seeks to capitalize on a fast-growing multi-million dollar industry in which the outcome of many predictions are likely to turn on Trump's ...
Nvidia to Build 7 Supercomputers for Nuclear Arsenal
Jensen Huang announced a deal to build AI supercomputers to be used to develop US nuclear weapons arsenal, and noted Nvidia has $500 billion in ...
Meta Shifts Vishal Shah to Head Up AI Products
As part of Meta's massive personnel restructuring effort, Shah has been shifted from his 4-year stint as head of Metaverse, the company's virtual reality division.
US Rare Earths Slump on Hope of China Trade Deal
Nascent US rare-earth mining and refining companies suffer a big drop in share prices as the world's awaits the outcome of upcoming Seoul talks between ...
AMD to Build 2 Supercomputers for DOE Fusion Power Quest
The Department of Energy has selected AMD for a $1 billion project to develop Lux and Discovery supercomputers to harness AI to develop nuclear fusion ...
Qualcomm Invades Nvidia's AI Chip Territory
The chipmaker long focused on smartphones and PCs hopes to erode the dominance of Nvidia's GPUs by entering inference niches where cost and energy use ...
Google Data Center Demand to Restart Iowa Nuclear Plant
NextEra Energy and Google signed a deal that would ensure sufficient demand to restart am Iowa nuclear power plant shut down five years ago.
US Car Sales Fall in October
The end of EV subsidies caused a 6.5% drop in car sales as EV sales for the month fell to 74,897 from 98,289 in September.
CEO Arvind Krishna Cuts Thousands of IBM Jobs
IBM's 270,000 workforce sees reductions as its cloud software segment recorded a slowdown in growth in October despite its ongoing shift away from hardware.
Perplexity's AI Shopping Agent Angers Amazon
Amazon demanded Perplexity block its Comet browser from deploying a shopping agent likely to become a curator of the Amazon experience, depriving the ecommerce site ...
Rivian Q3 Sales Surge to Beat End of EV Tax Credit
The EV startup saw Q3 sales jump 32% at a healthy average price of over $65,000.
AMD Raises Q4 Revenue Estimates
Surging demand for AI data centers causes the number 2 AI chipmaker to raise its Q4 projection a half billion dollars above analyst estimates.
Tinder Loses Paying Users
Tinder's paying users shrank by 5% as some defected to rival dating apps providing experiences deemed more meaningful than swiping right on photos.
Analysts Discuss First Real Asia Market Selloff in 7 Months
The AI-driven rise in tech stocks went too far or investors are just taking profits, depending on who you talk to.
Samsung Hit by $191 Million OLED Patent Verdict
The electronics giant was found to have infringed two Pictiva patents relating to technology for enhancing OLED performance.
Tesla's October China Sales Plunge Trebles BYD's
EVs made in Tesla's Shanghai gigafactory suffered a 32.3% plunge in global sales while rival BYD enjoyed big surge in Europe.
S. Korea GDP Grows on Exports, Consumer Stimulus
A brief slump triggered by a rogue martial law declaration and Trump tariffs are receding on surging exports of chips and ships, combined with government ...
Beta Technologies IPO Raises $1 Billion, Beat Price Range
The electric airplane maker achieved a $7.44 billion valuation with an IPO that sold shares above the planned range.
Tariffs Most Likely to Be Struck Down
Trump's misuse of the IEEPA to impose a long list of tariffs is likely to be declared invalid a week or two after Wednesday's Supreme ...
US Manufacturing Slump in Eighth Month from Tariff Disruptions
Trump tariffs have created a persisting supply-chain nightmare for US manufacturers, especially of computer and electronics products.
Verizon-AWS Fiber-Optics Routes to Speed AI Connections
Surging demand for high-bandwidth data transmission from the AI boom will be able to access faster links to AI data centers.
OpenAI-Amazon Deal Latest in Long List of 2025 AI Deals
The $38 billion deal to allow ChatGPT access to Amazon's hundreds of thousands of Nvidia processors comes on the heals of over a trillion dollars ...
Tesla Sales Plunged Again in Europe
Every European market except France saw Tesla's aging models lose half or more of its market share to explosive competition from Chinese EVs and EV ...
Global Manufacturing Declines on Full Force of Tariffs
From Asia to Europe manufacturing nations began to see the full impact of tariffs in October orders.
Blackwell Chips Won't Be Exported
In an apparent reversal of last week's allusion to Nvidia's current-generation AI GPUs being made available to China, in an interview over the weekend Trump ...
Russia to Continue Exports of Non-GMO Soybeans to China
The US-China trade deal won't impact Russia's status as the world's sole major exporter of non-GMO soybeans.
S. Korea Exports Surprise with Surge in Chips, Ships
A 131.2% surge in ship exports combined with a 25.4% jump in chip demand helped S. Korea exports soar above an uncertain tariff terrain.
Pony.ai Wins Permit for First Citywide Driverless Delivery
The city of Shenzhen will soon experience the world's first driverless delivery service.
Hyundai Seeks Role in Indonesia's National Car Quest
The world's number 3 carmaker sees an opportunity to expand its footprint in one of the world's largest consumer markets.
Auto Chip Squeeze Worsens As Nexperia Cuts Wafers to China
The global auto industry faces a potential crisis as the Dutch government blocks Nexperia from continuing to supply wafers to its China assembly plant.
AI Buildout Barrels Ahead Despite Bubble Talk
Nvidia's $5 trillion valuation and OpenAI's planned IPO for $1 trillion valuation spurs continued faith in the AI industry's growth potential.
Colgate Loses Sales to Generics on Small Price Increase
The toothpaste and soap giant loses some sales to generics on modest price increases to offset tariff costs.
Nexperia to Resume Chip Shipments from China
Auto companies had been facing production-line disruption due to maneuvering by the Dutch and Chinese governments that blocked shipments of Nexperia chips from its China ...
Anduril's Air Force "Wingman Drone" Flown for First Time
The defense contractor conducted a successful semi-autonomous test flight of a jet-powered drone designed be be a loyal wingman to crewed fighters.
China Factory Activity Shrank for 7th Month
The Purchasing Manager Index (PMI) fell to a 6-month low of 49.0 in October from 49.8 in September.
Weekly Jobless Claims Fell Last Week
Estimates based on data collected from most states suggest unemployment claims fell to 219,000, a drop from the prior week's 232,000.
Transfer of US TikTok Approved by China Says Bessent
The deal to sell control of US operations of the popular short video app from Chinese owner Bytedance to a US consortium has been long ...
Nvidia's Blackwell Chip Not Discussed at Busan Summit
Trump decided not to broach the potentially thorny subject of allowing exports of a version of Nvidia's current-generation GPU for AI data centers.
Esteé Lauder Results Confirm China Luxury Revival
Strong sales growth in China and Asia suggests the slump is over for luxury brands like Lauder, Hermes and LVMH.
EV Lull Prompts More Hybrids, Cheaper Models
The end of US $7,500 tax credits for EVs has prompted carmakers to offer more full hybrids and cheaper EV models.
Nvidia Goes from $4 Trillion to $5 Trillion in 78 Days
The unparalleled rise in the valuation of the world's most valuable company owes to a combination of Jensen Huang's strategy to keep Nvidia central to ...
Hyundai Cheers Trade Deal
The deal finalized Wednesday would lower tariffs on S. Korean exports to 15% from the current 25% in exchange for $350 billion in US investments.
China Block on Nexperia Chip Shipments Hobble Global Carmakers
After Netherlands seized control of Nexperia's Dutch operations, its Chinese parent Wingtech has prevented chip shipments disrupting production for Honda, Mercedes and other carmakers.
China to Phase Out EV Industry Subsidies
The massive subsidies of the past decade that helped build the world's most competitive EV industry will be shifted to boost other industries.
Nvidia's Blackwell Chips Teased for Trump Talks with Xi
Trump teased the possibility of allowing sales of Nvidia's state-of-the-art Blackwell AI chips to China as a topic of Thursday talks with Xi.
China Takes 3 Soybean Cargoes Ahead of Talks
China's resumption in buying US soybeans is expected to be limited due to large purchases from South America which are preferred for their higher protein ...
Nikesh Arora's Palo Alto Launches AI-Powered Cybersecurity Platform
Palo Alto's updates of cloud security platform Cortex Cloud and AI application security platform Prisma AIRS is designed to detect vulnerabilities in AI systems resulting ...
SK Group Head Sees Chip Bottleneck from AI Boom
Chips and other key supplies can't keep pace with demand from the boom in AI data center construction around the world, according to a key ...
Lucid to Launch Self-Driving EV with Nvidia AI System
The upscale EV-maker will use cameras, radar and lidar paired with an AI system from Nvidia to release a level-4 self-driving in 2026.
US Tightens Restrictions on Chinese Telecom Gear
The FCC tightened barriers to the deployment of telecommunications equipment from Huawei, ZTE, China Mobile and China Telecom as Trump prepares to meet with Xi ...
Trump Media's Truth Social Enters Prediction Market
The Trump family seeks to capitalize on a fast-growing multi-million dollar industry in which the outcome of many predictions are likely to turn on Trump's ...
Nvidia to Build 7 Supercomputers for Nuclear Arsenal
Jensen Huang announced a deal to build AI supercomputers to be used to develop US nuclear weapons arsenal, and noted Nvidia has $500 billion in ...
Meta Shifts Vishal Shah to Head Up AI Products
As part of Meta's massive personnel restructuring effort, Shah has been shifted from his 4-year stint as head of Metaverse, the company's virtual reality division.
US Rare Earths Slump on Hope of China Trade Deal
Nascent US rare-earth mining and refining companies suffer a big drop in share prices as the world's awaits the outcome of upcoming Seoul talks between ...
AMD to Build 2 Supercomputers for DOE Fusion Power Quest
The Department of Energy has selected AMD for a $1 billion project to develop Lux and Discovery supercomputers to harness AI to develop nuclear fusion ...
Qualcomm Invades Nvidia's AI Chip Territory
The chipmaker long focused on smartphones and PCs hopes to erode the dominance of Nvidia's GPUs by entering inference niches where cost and energy use ...
Google Data Center Demand to Restart Iowa Nuclear Plant
NextEra Energy and Google signed a deal that would ensure sufficient demand to restart am Iowa nuclear power plant shut down five years ago.
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