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Texas Instruments announced Friday that it will receive up to $1.6 billion in funding from the United States Commerce Department.
August 18, 2024
Business

Texas Instruments to Receive $1.6 Billion in U.S. Funding for New Chip Facilities

Rivian has temporarily paused manufacture of its Electric Delivery Vans (EDVs) used by Amazon.com owing to a parts shortage.
August 17, 2024
Business

Rivian Halts Production of Amazon Delivery Vans Due to Part Shortage

Toyota, the world's largest automaker, has been slower than some of its competitors in producing electric vehicles.
August 17, 2024
Business

Toyota Bold Move: Shifting Towards a Hybrid-Only Line-Up

The shares of Trump Media & Technology Group, the corporation majority-owned by former US President Donald Trump, plummeted.
August 16, 2024
Business

Shares of Trump Media Dip Near Record Lows Amid Weak Results

Chevron Corp has reached a deal with Richmond City Council, agreeing to pay $550 million over the next decade.
August 16, 2024
Business

Chevron to Pay Richmond City Council $550 Million in Settlement

Tencent Holdings announced an 8% growth in second-quarter revenue, reaching 161.12 billion yuan ($22.5 billion).
August 15, 2024
Business

Tencent Reports 8% Rise in Q2 Revenue, Gaming Business Recovery

Cisco Systems reported that it is witnessing a comeback in demand for its networking equipment and will reduce its global staffing
August 15, 2024
Business

Cisco Systems Announces 7% Global Workforce Reduction

A Mercedes-Benz EQE 350 caught fire in a South Korean parking lot, causing considerable damage to around 40 vehicles.
August 14, 2024
Business

Mercedes-Benz Korea Discloses EV Battery Suppliers

China's Huawei Technologies is about to introduce a new processor intended for artificial intelligence, the Ascend 910C.
August 14, 2024
Business

Huawei to Introduce New AI Chip to Compete with Nvidia

Exxon Mobil has sent layoff warnings to 59 employees as part of its personnel restructure following the $60 billion acquisition.
August 13, 2024
Business

Exxon Mobil Announces Layoffs Following $60 Billion Acquisition

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