Latest updates, breaking news, and insights from the world of technology.
Elon Musk’s Starlink, a division of SpaceX, has signed its largest global direct to cell partnership to date with telecommunications group Veon, giving the satellite internet provider potential access to more than 150 million users across Asia and Eastern Europe. The agreement, announced Thursday, marks a major step in the fast growing race to bring … Read more
SAN FRANCISCO — OpenAI Chief Financial Officer Sarah Friar clarified late Wednesday that the artificial intelligence company is not seeking a government backstop for its ambitious infrastructure projects, following remarks at a Wall Street Journal technology conference that sparked widespread speculation about federal involvement. In a LinkedIn post, Friar said her earlier use of the … Read more
LOS ANGELES — California’s busiest airports are preparing for significant disruptions as the Federal Aviation Administration announced plans to cut air traffic by 10 percent at 40 major airports nationwide to preserve safety during the ongoing federal government shutdown. Five California airports Los Angeles International (LAX), San Diego International, Ontario International, Oakland International and San … Read more
SAN FRANCISCO — Tesla’s board of directors is asking shareholders to approve one of the largest executive compensation packages in corporate history, a vote that could reshape the company’s future and reaffirm Elon Musk’s dominant role in it. Investors are set to decide Thursday whether to reinstate a performance based pay deal worth up to … Read more
WASHINGTON — China will begin easing an export ban on automotive computer chips critical to vehicle manufacturing worldwide as part of a new trade agreement with the United States, the White House said Sunday. The announcement followed a meeting between President Donald Trump and Chinese President Xi Jinping in South Korea earlier this week. The … Read more
Nvidia CEO Jensen Huang arrived in South Korea this week for a trip that blends business strategy with geopolitics, coinciding with a planned meeting between US President Donald Trump and Chinese President Xi Jinping in Seoul. The visit underscores South Korea’s growing importance to Nvidia’s supply chain and highlights the delicate balance the chipmaker faces … Read more
NEW YORK — Wikipedia founder Jimmy Wales voiced skepticism about Elon Musk’s latest artificial intelligence venture, “Grokipedia,” a self described rival to the online encyclopedia, calling it “unlikely to create anything very useful right now.” Speaking Tuesday at the CNBC Technology Executive Council Summit in New York City, Wales questioned the reliability of large language … Read more
Skyworks Solutions Inc. and Qorvo Inc., two leading suppliers of radio frequency components used in Apple devices and other smartphones, announced Tuesday that they have agreed to merge in a stock and cash transaction valued at roughly $22 billion. The deal marks one of the largest consolidations in the US semiconductor sector this year, as … Read more
Qualcomm Inc. (NASDAQ/QCOM) announced its entry into the artificial intelligence (AI) data center market on Monday, unveiling two new AI chips AI200 and AI250 designed to compete with industry leaders Nvidia and Advanced Micro Devices (AMD). The announcement led to a significant surge in Qualcomm’s stock price, reflecting investor optimism about the company’s expansion into … Read more
Tesla Inc. shareholders are facing a high stakes vote on CEO Elon Musk’s proposed $1 trillion compensation package, as the company’s board chair warns that failing to approve the plan could jeopardize Musk’s leadership and the electric vehicle maker’s future ambitions. Robyn Denholm, Tesla’s board chair, issued a letter to investors Monday, urging support for … Read more
