Technology &amp; Startups

(Bloomberg) — Huawei Technologies Co. posted its first quarterly net loss in years after the company spent aggressively on research...

Oil markets wait to see if Trump’s Russian oil tariff threat is a bluff

By Siyi Liu and Lewis Jackson BEIJING (Reuters) - Oil markets on Monday shrugged off U.S. President Donald Trump's threat...

Japan Earmarks Another $5.4 Billion for Chip Startup Rapidus

(Bloomberg) -- Japan is preparing as much as ¥802.5 billion ($5.4 billion) in additional aid for chip startup Rapidus Corp.,...

China’s CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says

BEIJING (Reuters) - The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with...

The legal problems facing a new Trump TikTok rescue — and why they may not matter

March 30, 2025

President Trump is reportedly pulling together a TikTok rescue that may not fully cut ties between the social media app...

Elon Musk’s mission to take over NASA—and Mars

March 30, 2025

Jared Isaacman, a payments entrepreneur who has flown to orbit with SpaceX and invested in the company, has been nominated...

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock...

Musk Says His xAI Startup Bought X at $33 Billion Valuation

(Bloomberg) -- Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform at a valuation of...

CoreWeave Whipsaws After Heavily Downsized $1.5 Billion IPO

(Bloomberg) -- CoreWeave Inc. fluctuated between gains and losses in its market debut after the cloud-computing provider raised $1.5 billion...

Dominion Energy slashes CEO’s cash payout on long-term goals