Business
Boeing shares tumbled Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane.
Apr 27, 2022
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8
Internet
Meta, the parent company of Facebook and Instagram, will give content creators the opportunity to sell virtual items to users in Horizon Worlds, its main platform in the metaverse, the company said Monday.
Apr 12, 2022
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19
Business
Indonesia's biggest tech firm soared on its market debut Monday after a billion-dollar IPO that was the world's fifth-biggest this year, defying recent heavy weather for Asian tech stocks.
Apr 11, 2022
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5
Energy & Green Tech
Quaise Energy, a startup based in Cambridge, Massachusetts, has announced its intentions to revolutionize how conventional power plants produce electricity. They have developed a new type of drilling technology that they ...
Automotive
Luxury automaker Bentley said Wednesday it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines.
Jan 26, 2022
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4
Business
Boeing reached an agreement to sell 50 737 MAX planes to low-cost US carrier Allegiant Air, with an option for another 50, the companies announced Wednesday.
Jan 5, 2022
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25
Automotive
Japanese carmaker Toyota led US automobile sales in 2021, according to figures released Tuesday, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry.
Jan 4, 2022
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23
Business
Several major companies as of Wednesday have cancelled or will limit their attendance to the 2022 Consumer Electronics Show (CES)—the tech industry's annual mass-gathering in Las Vegas—due to Covid-19 variant Omicron's ...
Dec 22, 2021
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22
Business
Donald Trump's new social media company and its special purpose acquisition company partner say the partner has agreements for $1 billion in capital from institutional investors.
Dec 5, 2021
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11
Automotive
Ford announced Thursday a "strategic collaboration" with chip company GlobalFoundries to bolster its supply of semiconductors as the automaker grapples with a global shortage of the crucial components.
Nov 18, 2021
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