CNBC News

The UK government is ordering a Dutch company to divest itself of a Welsh semiconductor plant over national security concerns revolving around China....

Elizabeth Holmes Handed an 11-Year Prison Sentence

Elizabeth Holmes, founder and former CEO of Theranos, has been sentenced to more than 11 years in prison....

Apple Plans to Purchase Chips From TSMC’s Arizona Plant

Apple CEO Tim Cook has reportedly said the company will purchase chips from a plant in Arizona, a major step toward supply chain diversification....

VC Firm Wants to Invest $100,000 in Firms With Laid-Off Founders

Day One Ventures is looking to invest in companies with laid-off founders, in an effort to benefit from their experience....

Biden Administration Wants Research Into Reflecting the Sun’s Rays

The Biden administration is continuing its efforts to combat climate change, announcing a study into reflecting the Sun's rays....

Honda and LG Energy to Build $4.4 Billion EV Battery Plant in Ohio

Honda and LG Energy are partnering on an electric vehicle (EV) battery plant, with plans to build it in Ohio....

Apple Will Reportedly Launch a Foldable iPad in 2024

After years of rumors and hopes, it appears Apple may be planning to release a foldable device in 2024....

Google CEO Under Fire by Employees Upset at Being ‘Nickel-and-Dimed’

Google CEO Sundar Pichai faced the ire of Google employees over the company’s cost-saving measures. Li...

Tesla in Trouble Over Misguided Return-to-Office Policies

Tesla is in turmoil over return-to-office (RTO) policies that don't reflect the realities the company and its employees are facing....

Adobe Buying Digital Design Startup Figma for $20 Billion

Adobe announced it is buying digital design startup Figma for $20 billion, resulting in a significant consolidation in the industry....

Startup Poaches Apple Card’s Head of Credit

Apple has lost Abhi Pabba, head of credit for the Apple Card, to credit card startup X1. Apple has inc...

Apple Invites Developer to Purchase App Store Ad Spots

Apple is moving ahead with its plans to introduce more ads to the App Store, inviting developers to purchase slots for end-of-year rollout....

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