Business

Ericsson to cut 8,500 jobs worldwide

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.

Business

Alibaba quarterly revenue rises 2%: earnings report

China's Alibaba Group said Thursday its revenue rose two percent year-on-year in the quarter ending December 2022, as the internet giant shook off the impact of strict COVID containment measures and a slump in consumer demand.

Internet

Microsoft bakes ChatGPT-like tech into search engine Bing

Microsoft is fusing ChatGPT-like technology into its search engine Bing, transforming an internet service that now trails far behind Google into a new way of communicating with artificial intelligence.

Energy & Green Tech

World enters 'new age' of clean energy manufacturing: IEA

The world is at the "dawn of a new industrial age" of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency said on Thursday.

Automotive

Rivian, Mercedes pause joint European electric van plant

Electric vehicle maker Rivian is setting aside its planned partnership with Mercedes-Benz to produce electric vans in Europe so that it can focus on its existing commercial and consumer business.

Business

Electric car sales drive toward cleaner air, less mortality

Electric cars—and their continued sales growth—are expected to have a greener, cleaner influence on air pollution and reduce human mortality in most, if not all, U.S. metropolitan areas, according to Cornell University ...

Business

Opinion: Chips Act won't work without every part of the chip

The U.S. was awakened by the pandemic to the gaping holes in its supply chains for crucial medical supplies and electronics. One of the most significant was semiconductors, the pieces of silicon that hold millions of tiny ...

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