Tag: Technology
TSMC starts volume production of the most advanced chips in Taiwan
TAINAN, Taiwan, Dec 29 (Reuters) – Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC) (2330.TW) began mass production of its most advanced chips in southern Taiwan…
Tesla is not alone: 18 (and a half) other big stocks head for their worst year on record
In the worst year for stocks since the Great Recession, several big names are heading into their worst year on record with just one trading…
Tesla shares are down 70% for the year
New York CNN — Tesla’s stock is ending its tumultuous year with even more turbulence: It was up nearly 6% on Thursday, but still down…
Twitter outage hits thousands of users worldwide
Dec 28 (Reuters) – Twitter Inc suffered a major outage on Wednesday, preventing tens of thousands of users worldwide from accessing the popular social media…
Elon Musk tells Tesla employees to ignore the stock market madness
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in…
US stocks fall on recession fears, Nasdaq closes at new bear market low
Tesla gains 3.3% in choppy trade Southwest Airlines slips 5.2% on government review Indices down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35% Dec 28 (Reuters)…
FTX used $200 million in client funds for two venture capital investments
FTX founder Sam Bankman-Fried leaves after his arraignment in New York on December 22, 2022. Ed Jones | AFP | Getty Images Of the billions…
Sam Bankman-Fried to Argue in FTX Fraud Case
NEW YORK, Dec 28 (Reuters) – Sam Bankman-Fried is set to go to court next week for defrauding investors and looting billions of dollars in…
Crypto Exchange Kraken to Shut Down Japan Operations After Massive Job Cuts
Kraken is one of the largest crypto exchanges in the world. Tiffany Hagler Gear | Bloomberg via Getty Images Digital currency exchange Kraken will close…
Tesla shares extend losses on China demand worries
Dec 27 (Reuters) – Shares of Tesla Inc (TSLA.O) fell 11.4% on Tuesday after a Reuters report that Tesla planned to run a reduced production…