Category: Technology business

SpaceX, Netflix, Boeing to join biggest US business mission to Vietnam

SpaceX, Netflix and Boeing are among the companies joining the "biggest-ever" U.S. business mission to Vietnam next week to discuss investment and sales opportunities in the booming Southeast Asian nation,…

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U.S. regulators issued a fresh warning to banks to be on guard for crypto-related liquidity risks

Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile. In…

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IMF laid out a nine-point crypto action plan, recommends against legal tender status

The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as…

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Netflix slashes prices in some countries to maintain subscriber growth as its market shares drop

Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to maintain subscriber growth amid stiff competition and strained consumer…

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Nvidia leads in AI chip race, results show positive growth

As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest - though not the only - winner among chipmakers after years of focusing on the…

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Microsoft sign Nvidia game deal to appease regulators over Activision merger

Microsoft Corp has struck a 10-year deal to bring "Call of Duty" and other Activision games to Nvidia Corp's gaming platform if the Xbox maker is allowed to complete its much-contested $69…

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Apple Predicts Faster Sales Growth, Strong iPhone Demand Notwithstanding Gloomy Economy

Apple on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales…

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AMD wins almost a third of processor market, Arm’s climb decelerates

Advanced Micro Devices Inc has captured nearly a third of the market for central processor units while British chip technology firm Arm Ltd's rise in the PC market slowed in the…

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Yahoo plans more than 20% job cut, to lay off staff due to restructuring

Yahoo said on Thursday it plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech division. The cuts will…

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Intel considers boosting investment in Vietnam chip packaging plant

Intel Corp is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and packaging plant in the Southeast Asian nation, two sources familiar with…

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