Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although their market value remained short of an all-time peak of $3 trillion.
British Airways and retailer Boots said their staff were amongst those hit by a cyber attack on Zellis, a payroll provider used by hundreds of companies in Britain.
Spotify Technology SA said on Monday it would lay off 200 employees in its podcast division, representing about 2% of the audio streamer’s worldwide workforce.
Surf Air Mobility’s revenue for a unit jumped nearly 72% in 2022, showed the electric aviation and regional air travel company’s regulatory filing on Monday with the U.S. Securities and Exchange Commission to list its shares in New York.
Apple Inc is expected to unveil a mixed-reality headset at its annual software developer conference on Monday, its first big move into a new product category since the introduction of the Apple Watch nine years ago.
France said on Monday it will provide 2.9 billion euros ($3.10 billion) in state aid to help support an investment of 7.5 billion euros that chipmakers STMicroelectronics and GlobalFoundries are making to build a semiconductor factory in Crolles, southeastern France.
U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4% jump from April, data from the China Passenger Car Association (CPCA) showed on Monday.
OpenAI is considering investment opportunities in Israel, Microsoft Israel R&D center quoted the company’s CEO, Sam Altman, as saying during a visit to the country on Monday.
Taiwan’s ProLogium picked France to open four gigafactories that President Emmanuel Macron hopes will turn a poor, former coal mining area near Belgium into a hub for the EV battery industry.
Elon Musk’s brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now worth around $5 billion based on privately executed stock trades described to Reuters by five sources with knowledge of the matter.
