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Meta, the owner of Facebook, Instagram and WhatsApp, is considering changing where it is incorporated from Delaware to another state, two people with knowledge of the matter said. The company is looking at Texas and a handful of other states, said the people, who were not authorized to speak on the confidential discussions. The process […]
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Samsung Electronics on Friday reported that its operating profit dropped sharply from the previous three months as it ramps up R&D spending, while flagging a slowdown in its chips business. The South Korean company posted […]
The email landed in employees’ inboxes with the subject line: “Fork in the Road.” The message in the email was stark: Accept a sweeping set of workplace changes or resign. That was the note that millions of federal employees received around 5 p.m. on Tuesday. It echoed a similar message that thousands of workers at […]
Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024. Joe Skipper | Reuters Tesla‘s bitcoin holdings led to a big pop in reported net income for the fourth quarter because of a new rule change in how companies account for digital assets. After showing a carrying value of […]
When a small Chinese company called DeepSeek revealed that it had created an A.I. system that could match leading A.I. products made in the United States, the news was greeted in many circles as a warning that China was closing the gap in the global race to build artificial intelligence. DeepSeek also said it built […]
U.S. President-elect Donald Trump greets Tesla CEO and X owner Elon Musk during a rally the day before Trump is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | Reuters Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term […]
The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron […]
The Gulf of Mexico as seen on Google Maps. Source: Google Maps Google said Monday it will change the name of Gulf of Mexico to “Gulf of America” after the government updates its “official government sources.” The company also said it will start using Mount McKinley, which is currently called Denali. Last week, President Donald […]
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher fee, Vermont became the latest […]
Photo illustration of TikTok app logo on a smartphone screen displayed with the American flag. Nurphoto | Nurphoto | Getty Images Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the […]
