In this article QCOM META Facebook parent Meta and Qualcomm will work on making virtual reality chips for various metaverse applications. Ercin Erturk | Anadolu Agency | Anadolu Agency | Getty Images Meta and Qualcomm are teaming up to develop custom chipsets for virtual reality products, the companies announced on Friday. The two U.S. technology
In this article PDD Chinese e-commerce giant Pinduoduo has been behind its rivals Alibaba and when it comes to international expansion. Now Pinduoduo has launched a U.S. e-commerce site called Temu. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Pinduoduo launched its U.S. online shopping site as the Chinese e-commerce giant makes
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. So far, electric vehicle makers do not seem to be affected. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images BEIJING — U.S. restrictions
In this article SNAP Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap is laying off 20% of its workforce, which equates to over 1,000 employees, according to
In this article BABA 700-HK JD Chinese technology giants including Alibaba have seen slower-to-no-growth as China’s economy faces weakness as a result of Beijing’s zero-Covid policy. Qilai Shen | Bloomberg | Getty Images Chinese technology giants are coming off the back of their worst quarter of growth in history as a big slowdown in the
In this article RIVN TSLA AMZN Following in Tesla’s footsteps, another electric vehicle company has been making a name for itself, with a unique spin: Rivian Automotive. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.”
In this article GOOGL Josh Edelson | AFP | Getty Images Google employees are receiving regular notifications from management of Covid-19 infections, causing some to question the company’s return-to-office mandates. The employees, who spoke with CNBC on the condition of anonymity, said since they have been asked to return to offices, infections notifications pop up