Boeing Co. has announced another major setback to its long delayed 777X aircraft program, taking a nearly $5 billion charge and pushing the first delivery to 2027. The move adds to a series of financial and operational blows for the planemaker as it struggles to stabilize production and regain investor confidence after years of disruptions. … 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
GYEONGJU, South Korea — President Donald Trump said Wednesday he expects to sign a long awaited trade deal with Chinese President Xi Jinping during their meeting at the Asia Pacific Economic Cooperation (APEC) Summit, raising hopes of a breakthrough in one of the world’s most consequential economic relationships. “President Xi of China is coming tomorrow … Read more
The line between science fiction and daily life just blurred. Robotics company 1X has opened preorders for the 1X NEO humanoid robot, a consumer ready domestic assistant designed to handle everyday chores and adapt over time. From folding laundry to organizing shelves, NEO aims to transform how households approach repetitive tasks. The company described it … 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
Microsoft Corp. has taken a $135 billion stake in OpenAI, giving the tech giant roughly 27 percent ownership in the artificial intelligence company. The move, formalized through a new agreement between the two firms, underscores Microsoft’s long term bet on artificial intelligence and signals a deepened alignment between two of the most influential players in … Read more
LONDON — British actress Prunella Scales, best known for her unforgettable portrayal of Sybil Fawlty in the acclaimed 1970s sitcom “Fawlty Towers,” died Monday at her home in London. She was 93. Her sons confirmed her death Tuesday in a statement to Reuters, saying, “Our darling mother Prunella Scales died peacefully at home in London … Read more
SAN JOSE, Calif. — PayPal Holdings Inc. reported third quarter results that surpassed Wall Street expectations, sending its stock soaring nearly 15 percent in after hours trading. The digital payments giant posted revenue of $8.42 billion for the quarter ended September 30, a 7.3 percent increase from the same period last year. Non GAAP earnings … 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
