Business

EXPLAINER: What Elon Musk's dance with Twitter really means

Tesla CEO Elon Musk's great Twitter turnabout—in which he disclosed his massive stake in the social media company, got a seat on its board, publicly floated drastic changes and then turned down the board role—all happened ...

Electronics & Semiconductors

Intel says it will buy Tower Semiconductor for $5.4 billion

Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

Mercedes, Stellantis to work with US firm on new batteries

Automakers Mercedes-Benz and Stellantis announced agreements with U.S. company Factorial Energy on Tuesday to help develop solid-state battery technology that they hope could make electric cars more attractive to a mass market.

Business

Toshiba apologises to shareholders after vote probe

Toshiba apologised to shareholders Monday and said it would remove two directors after a probe found the Japanese conglomerate had sought government help to try and influence a boardroom vote.

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