Business

Nevada board to vote on $330M in additional Tesla tax breaks

Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on the promise ...

Business

Kansas commits $304M to chip plant to lure federal funds

Kansas plans to give $304 million in taxpayer-funded incentives to a semiconductor company in its largest city to build a huge new factory, but the project won't go forward without funds the U.S. government has promised for ...

Business

TikTok CEO to testify before US Congress in March

TikTok CEO Shou Zi Chew will testify in March to US lawmakers in Washington where the Chinese social media app faces accusations that it is beholden to the Communist Party in Beijing.

Business

Top US court backs WhatsApp suit over Pegasus spyware

The US Supreme Court on Monday rejected a bid by NSO Group to block a WhatsApp lawsuit accusing the Israeli tech firm of allowing mass cyberespionage of journalists and human rights activists.

Business

Coinbase to pay $100M in settlement with New York regulators

New York announced a $100 million settlement with Coinbase on Wednesday over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity.

Business

Jack Ma living in Japan after China tech crackdown: FT

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

Supplier to hire 630 near Hyundai's EV plant in Georgia

An auto parts manufacturer plans to hire 630 workers at a new factory in southeast Georgia to supply Hyundai Motor Group's first U.S. electric vehicle plant that's under construction nearby, state officials said Monday.

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