Technology

A car passes by Facebook’s corporate headquarters location in Menlo Park, California, on March 21, 2018.  Josh Edelson | AFP | Getty Images Facebook’s plans to cut costs combined with the company’s relaxed remote work policies set the stage for a bunch of shuttle bus staffers to lose their jobs. …

Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite a few features that weren’t …

TeraWatt site Courtesy: TeraWatt San Francisco startup TeraWatt Infrastructure on Thursday announced it’s developing the first network of electric vehicle-charging centers for heavy-duty and medium-duty trucks along the Interstate 10 highway, stretching from Long Beach, California, to the El Paso, Texas, area. The company, which raised more than $1 billion this …

Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time. James Glover II | Reuters Shares of Tesla slid about 6% Thursday morning as investors digested the company’s third-quarter earnings report from Wednesday evening. Tesla reported earnings of $1.05 per share, beating expectations …

A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Tesla CEO Elon Musk said during the company’s Q3 earnings call on Tuesday evening that the company expects to fully meet the Inflation Reduction Act requirements that …

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Yielding to reality Stocks fell Wednesday, snapping a two-session winning streak, …

Investing in China’s technology giants may seem like a risky move to some investors, but one analyst says valuations are “extremely cheap” and China tech buys are an obvious choice now. Tencent and Alibaba are “extremely strong companies,” according to Anand Batepati, portfolio manager at GFM Focus Investing. “Unless you think that the …

Workers marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters President Joe Biden announced $2.8 billion in grants for 20 companies to produce …

IBM CEO Arvind Krishna speaks at an IBM facility in Poughkeepsie, New York, on Oct. 6, 2022. IBM announced $20 billion in investments during President Biden’s visit that will go toward research and development and the manufacturing of semiconductors, mainframe technology, artificial intelligence and quantum computing in the Hudson Valley. …

Yuichiro Chino | Moment | Getty Images Businesses and consumers have been grappling with supply chain issues for months, resulting in annoying shortages of all kinds of products, including all-important semiconductor chips. And while the CHIPS and Science Act, signed into law in August, is designed to boost semiconductor manufacturing …