By Dave Sebastian A blank-check company formed by private-equity firm L Catterton is extending a deadline to complete a deal, after agreeing to take electric-vehicle… Read More »L Catterton SPAC Extends Deal Deadline Ahead of Lotus Tech Merger
AMD CEO Lisa Su at CES earlier this month in Las Vegas. Photo: Lauren Justice/Bloomberg News Advanced Micro Devices Inc. AMD 3.73% reported Tuesday a… Read More »AMD’s Profit Plunges Amid Weaker PC Sales
SEOUL— Samsung Electronics Co. ‘s fourth-quarter operating profits slumped as the company’s mainstay memory-chip and smartphone businesses grappled with a sharp drop-off in demand and… Read More »Samsung Electronics Operating Profit Falls 69% on Lower Tech Demand
China recently pulled up short in its race with the US for dominance in chip manufacturing. While the US has strengthened its commitment to rebuilding… Read More »Why China Will Never Lead on Tech
China’s Baidu Inc. BIDU 0.44% is developing an artificial-intelligence-powered chatbot similar to OpenAI’s popular ChatGPT and plans to integrate it into its main search engine… Read More »Baidu Is Developing Its Own ChatGPT, Aiming To Integrate It Into Search
The headline-grabbing expansion of layoffs beyond high-growth technology companies stands in contrast to historically low levels of jobless claims and news that companies such as… Read More »Corporate Layoffs Spread Beyond High-Growth Tech Giants
To understand the forces behind the recent layoffs that have ravaged the tech industry, it helps to start with a curious decision by one Bay… Read More »What the NFL Playoffs and Tech Layoffs Have in Common
Demand for Windows operating-system software has fallen with sales of the personal computers that use it. Photos: STEVE MARCUS/REUTERS Microsoft‘s MSFT -0.22% latest results are… Read More »Microsoft’s Cloud Doesn’t Quite Cover All
Technology stocks are off to a strong start after enduring a miserable 2022. The first big test of the new year’s rally is on tap.… Read More »Investors Await Tech Earnings in Next Test for Markets
T-Mobile TMUS -0.01% US Inc. said hackers accessed data, including birth dates and billing addresses, for about 37 million of its customers, the second major… Read More »T-Mobile Says Hackers Stole Data on About 37 Million Customers in Breach