Intel has made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast.
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The Biden administration has stopped approving licences for US companies to export most items to China’s Huawei, three sources said.
Analysts are betting that AMD will be one of the few semiconductor companies that grows in 2023, even as talk of a downturn in the chip sector dominates the headlines.
Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin.
Samsung Electronics, the world’s biggest smartphone maker, expects the smartphone market to contract in 2023.
China’s smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade.
A food blogger in China was fined R320 000 by authorities after she posted a video showing her illegally buying and eating a great white shark.
Lawyers for Sam Bankman-Fried on Saturday said prosecutors “sandbagged” the process to put their client in the “worst possible light”.
Intel has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year.
Suzuki will invest R595-billion this decade in research, development and capital spending to make electric cars.