YouTube Loses Veteran Leader As It Battled Growth Weakness, TikTok Frenzy
Robert Kyncl quit as Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube chief business officer after over a decade at the video platform, the…
TSMC Chief Blames Low-End Chips For Hindering Supply Chain; Sees Higher Prices For High-End Chips
Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) CEO C.C. Wei warned that an endemic chip crisis costing anywhere from $0.50…
Elon Musk Says Full Self-Driving Teslas Could Be A Reality In US By Year-End
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has said the company’s self-driving vehicles could hit the roads in the United States as early as the year-end.
Tesla Challenges Louisiana Law To Directly Sell Cars To Customers
Tesla Inc (NASDAQ: TSLA) is reportedly challenging a Louisiana law as it seeks to sell directly to customers.
Google AI Software Helps French Officials Find Tax Evaders…By Discovering Undeclared Swimming Pools
French tax officials have discovered more than 20,000 undeclared private swimming pools using artificial intelligence (AI), netting $9.9 million in revenue.
Alibaba, XPeng Slip As Hang Seng Breaches Key Support Level: American Firms’ China Optimism Hits Record Low
The Hang Seng Index opened 1.5% lower on Tuesday, as investors factored in the possibility of an aggressive rate hike in the U.S. when the Federal Open Market Committee meets in September. Market participants also weighed the results of a survey that showed American firms’ optimism about China hit a record low.
Warren Buffett-Backed Chinese Automaker’s H1 Profit More Than Triples Despite Inflation Pressures
China's BYD Co Ltd (OTC: BYDDF) reported first-half gross profit that more than tripled to nearly 3.6 billion yuan ($521 million), driven by rapid growth in sales volume that helped it partially offset inflationary pressure from raw materials.
Hey Bored Ape Yacht Club Owners, You Can Now Show Off Your Apes On Facebook, Instagram
The Mark Zuckerberg-led Meta Platforms Inc (NASDAQ: META) continues to make its push into the metaverse by making its two flagship products, Facebook and Instagram, a place where users can share and post digital collectibles they own.
Needham Remains Bullish On Ciena Ahead Of Its Quarterly Results As Supply Appears To Be Improving
Ciena Corp (NYSE: CIEN) reports quarterly results on September 1 before the market opens.
Needham analyst Alex Henderson expects another supply-constrained quarter, with Orders above Shipments and Revenues modestly ahead of forecast.