Chinese takeover of the UK’s biggest chip plant blocked on national security grounds
Newport Wafer Fab runs Britain's largest chipmaking facility, producing some 32,000 silicon wafers each month. Source link
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Enterprise
Genesis lending unit halts withdrawals in aftermath of FTX collapse
The lending arm of the crypto investment bank Genesis Global Trading is pausing new loan originations and redemptions. Source link
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Microsoft, Meta and others face rising drought risk to their data centers
Data centers generate massive amounts of heat through their servers because of the enormous amount of power they use, and
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Twitter cuts a large number of contract workers without giving internal teams a heads up
Since Elon Musk acquired Twitter, the social media business has implemented mass layoffs and now steep cuts to its contract
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Sen. Ed Markey hits back at Elon Musk after his response to questions about impersonation
Sen. Ed Markey chastised Twitter's owner Elon Musk Sunday for his response to Markey's request for answers about the platform's
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Roblox shares sink after reporting bigger loss than expected
Shares of Roblox fell in premarket trading Wednesday after the company reported a third-quarter loss but beat analyst estimates for
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Palantir stock falls after slight earnings miss
Shares of Palantir fell Monday after the company released third-quarter earnings that slightly missed analyst estimates for earnings but beat
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Ukraine looks to technology to help rebuild its economy amid Russia’s onslaught
As the war in Ukraine rages on, the country's technology entrepreneurs are trying to stay positive. Source link
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Meta could begin large-scale layoffs this week, report says
Meta could begin large-scale layoffs this week, report says Source link
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