Top U.S. semiconductors and digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said.
Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory crackdown and demand rebounded with the end of strict COVID-19 restrictions.
Elon Musk said he refused a Ukrainian request to activate his Starlink satellite network in Crimea’s port city of Sevastopol last year to aid an attack on Russia’s fleet there.
A federal appeals court on Friday ruled the White House, the FBI and top health officials may not “coerce or significantly encourage” social-media companies to remove content the Biden administration considers misinformation, including about COVID-19.
Arm Holdings Plc, the chip designer owned by SoftBank Group Corp that is seeking roughly $5 billion in its stock market debut, has seen investor demand that is six times the amount it is asking for, people familiar with the matter said on Friday.
China’s Gotion High-tech Co Ltd will set up a $2 billion electric vehicle (EV) lithium battery manufacturing plant in Manteno, Illinois that would create about 2,600 new jobs, the state governor’s office said on Friday.
Elon Musk’s X Corp sued California on Friday over a state law establishing new transparency rules for social media companies, requiring them to publish their policies for policing disinformation, harassment, hate speech and extremism.
Netflix Inc has reappointed former White House official and U.N. ambassador Susan Rice to its board of directors, the streaming service announced on Friday.
The U.S. Federal Aviation Administration wrapped up a technical investigation into SpaceX’s April test launch of its giant Starship rocket, saying in a Friday statement that the company must implement dozens of corrective measures before flying the vehicle again.
A U.S. federal judge said Meta Platforms must face a lawsuit claiming that it violated the medical privacy of patients who were treated by hospitals and other healthcare providers that used its Meta Pixel tracking tool.
