Intel is planning to make chips for the auto industry, with the first chips being made in the next six to nine months.
Impossible Foods Preparing to Go Public
Impossible Foods is preparing to go public, amid growing demand for plant-based meat alternatives.
Crypto Market Hits Record $2 Trillion Capitalization
The cryptocurrency market passed a major milestone Monday, passing $2 trillion market capitalization.
India Will Give $1 Billion to Chip Manufacturers That Set Up In-Country
In its bid to become a major manufacturing powerhouse, India is offering $1 billion in cash incentives to chipmakers that set up in-country.
Xiaomi Will Begin Making Electric Vehicles
Smartphone maker Xiaomi will begin making electric vehicles (EV), using Great Wall Motor Co Ltd’s factory.
Goldman Sachs Cleared in Apple Card Discrimination Investigation
New York’s Department of Financial Services has cleared Goldman Sachs, concluding it was not guilty of any violations in how it handled Apple Card applications.
Box Exploring Potential Sale Amid Shareholder Pressure
Box, the popular file-sharing cloud service, is exploring a possible sale in response to pressure from an activist shareholder.
India May Ban All Types of Cryptocurrency
India has proposed legislation that would ban cryptocurrencies, in the most restrictive such legislation worldwide.
GM’s Newest Trucks Have Worse Gas Mileage Due to Chip Shortage
GM is shipping some of its trucks with missing fuel management components as a result of the global semiconductor shortage.
Huawei May Be Pivoting to Electric Vehicles
After suffering devastating losses as a result of US sanctions, Huawei may be preparing to pivot to electric vehicles.