By Nick Carey and Paul Lienert (Reuters) – U.S. and European startups are racing to develop new batteries using two…
More chip production needed in Europe, Infineon CEO says
By Christina Amann MUNICH (Reuters) – Infineon Technologies AG Chief Executive Jochen Hanebeck supports contract manufacturers building more chip factories…
China’s BYD scraps IPO plan for semiconductor unit
HONG KONG (Reuters) -Chinese automaker BYD Co Ltd said on Tuesday it had scrapped plans to list its semiconductor unit…
Vodafone cuts outlook and seeks cost savings as economic woes mount
By Paul Sandle LONDON (Reuters) -Vodafone cut its full-year cashflow forecast and lowered earnings guidance on Tuesday, reflecting soaring energy…
FTX founder Sam Bankman-Fried attempts to raise cash – WSJ
(Reuters) – Founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is seeking commitments from investors to raise fresh cash, the…
Meta’s India public policy chief, WhatsApp’s India boss quit
NEW DELHI (Reuters) -WhatsApp’s India head Abhijit Bose and Meta Platforms Inc’s public policy director in India Rajiv Aggarwal have…
Redwood Materials to supply cathode material to Panasonic U.S. battery plant
By Paul Lienert (Reuters) – Panasonic Corp will buy remanufactured battery cathode material from Redwood Materials, beginning in 2025, for…
Buffett’s Berkshire discloses $4.1 billion TSMC stake
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing,…
Exclusive: Activist Impactive eyes proxy fight at Envestnet amid sluggish stock price
By Svea Herbst-Bayliss NEW YORK (Reuters) – An activist investor with a large stake in Envestnet Inc. plans to ask…
Japan unicorn Opn buys MerchantE to enter U.S. online payment sector
TOKYO (Reuters) – Digital payments processor Opn, a rare Japanese unicorn, or startup worth more than $1 billion, said on…