Nvidia Allowed To Export AI Chips To China Temporarily
Nvidia stock was hard hit by news the US government has imposed new restrictions on exports of its cutting edge chips to customers in China. Shares dropped 11% to $133.46…
Amazon Sued By HVAC Company Over $1 Million In Unpaid Invoices
Amazon is being sued by a Chicago-based commercial refrigeration and HVAC company, which accuses the e-retailer of failing to pay its invoices to the tune of over $1 million, accrued…
Snap To Layoff 20% of 6,446 Employees
Snapchat parent Snap is laying off approximately 20% of its over 6,400 workers, according to sources. In a report by The Verge, sources said the layoffs, which will begin Wednesday,…
Facebook Settles Suit Over Sharing User Data With Cambridge Analytica
Meta Platforms Inc. has settled a lawsuit filed by users in 2018 which claimed the company illegally shared user data with UK-based research firm Cambridge Analytica, when it was performing…
Elon Musk’s Twitter Data Requests Rejected As “Absurdly Broad”
A judge rejected Elon Musk’s demands for the user information from specific twitter accounts as, “absurdly broad” Thursday. He was however, granted some data as he seeks to prove that…
Streaming Services Losing Customers To Inflation
According to Ofcom, an industry watchdog, almost 600,000 British households have cancelled Amazon Prime subscriptions due to a combination of inflation forcing them to tighten their belts, and a forthcoming…
Apple Moving Production Lines Out Of China, To Vietnam
Two of Apple’s iPhone manufacturers, Luxshare Precision Industry, and Foxconn, have begun testing Apple Watch manufacturing in a new facility in northern Vietnam. And now Nikkei Asia is reporting the…
Musk Only Granted One Witness From Twitter, But It Is A Fired Employee
A Delaware court has ordered Twitter to relinquish to Elon Musk records from its former consumer product head related to the spam and bot accounts which the billionaire has cited,…
Pfizer And Moderna Choose Different Uses For Their Covid Windfalls
After enjoying windfall profits from the Covid pandemic and associated global mass-vaccination pushes, Pfizer and Moderna are pursuing different business strategies going forward. Pfizer has chosen to push its vaccine…
Elon Musk Announces 500 Mile Semi To Ship This Year, Cybertruck Next Year
Tesla CEO Elon Musk tweeted Wednesday that the electric automaker will begin shipping its 500 mile range Semi Truck to customers this year, and deliveries of the company’s Cybertruck will…
