Tech & Telecom

Stellantis Warning on Charges Clouds Picture After Sales Gain

Stellantis NV said that it expects one-time charges in the second half of the year as political, economic and regulatory pressures force the automaker into making strategic changes.

By Albertina Torsoli

Trump Says Nvidia Chip Talks With Xi Didn’t Cover Blackwell

US President Donald Trump said he didn’t discuss approving sales of Nvidia Corp.’s Blackwell chips to China with his counterpart Xi Jinping, dampening speculation that Washington will allow exports of the powerful AI accelerators to the world’s largest semiconductor market.

Lutnick Says Semiconductor Tariffs Are Not Part of S.Korea Deal

Commerce Secretary Howard Lutnick says semiconductor tariffs are not part of the trade deal between South Korea and US, in a post on X.

Meta’s Higher Spending in Pursuit of AI Payoff Shakes Investors

Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ahead, raising fresh concerns from investors who drove the stock down on worries the company may not have an obvious return on the massive investment.

Alphabet Sales Beat Estimates on Google Cloud Unit Growth

Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and artificial intelligence services. Shares rose as much as 7.5% in extended trading.

Warner Bros. CEO Tells Staff the Board Wants Higher Takeover Bid

Warner Bros. Discovery Inc. Chief Executive Officer David Zaslav hosted a town hall meeting for employees on Wednesday and said the board would need a higher bid to justify a sale of the company, according to people who heard his comments.

Microsoft Says It’s Recovering From Global Cloud Outage

Microsoft Corp. cloud services are recovering from an outage that disrupted its workplace software products and the operations of several companies, including Alaska Air Group Inc.

Trump to Name White House Aide Baasch as FTC Commissioner

President Donald Trump plans to nominate Ryan Baasch, a staffer at the National Economic Council, for a slot on the US Federal Trade Commission, according to people familiar with the matter.

Link Motion Investor Advances Suit Over Claimed Tech Giant Stake

A Link Motion Inc. investor can proceed with New York state fraud claims over the Chinese software company’s statements about a computer corporation’s purported investment in its subsidiaries, a federal court ruled.

OpenAI Is Creating a PBC. What Does That Mean?: QuickTake

After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as a more traditional, for-profit company – a key step in its bid to secure billions more in capital to build cutting-edge artificial intelligence products.

Is Social Media Big Tobacco 2.0? Suits Over the Impact on Teens

Is social media to blame for the decline in teen mental health? Hundreds of lawsuits argue that they are. But can the claims get past Section 230, big tech's legal shield? In this video, we look at the fight over social media's impact on teens.