Nexperia, a Dutch chip firm owned by China’s Wingtech, confirmed on Monday that it plans to acquire the U.K.’s largest chip producer, Newport Wafer Fab.
The two people who are close to the deal told the media that the deal...
Tom Tugendhat, leader of the U.K. government’s China Research Group and chairman of the Foreign Affairs Select Committee, told CNBC on Monday that he’s very surprised the purchase is not being reviewed under the National Security and Investment Act,...
Grocery delivery app Instacart announced it has hired the head of Facebook’s app, Fidji Simo, as its new CEO, setting her up to be the first outsider to lead the start-up last valued at $39 billion.
Simo will succeed Instacart...
Taiwan electronics manufacturer Foxconn said Wednesday that its factory in Zhengzhou — known as the world’s largest iPhone assembly plant — has not been impacted by major flooding in the city.
Zhengzhou in China’s central Henan province has been hit with torrential...
Chinese electric carmaker Xpeng Inc. has priced its new P5 sedan as low as 160,000 yuan ($24,694) days after Tesla launched a cheaper version of its Model Y sports utility vehicle. The competition over electric cars is truly something to be...
Andrew David Bamforth, the co-founder of Faceparty, a British site that enjoyed a brief heyday in the early 2000s, claims he was mentally incapacitated for 12 years, including in 2008 when he signed a trademark rights agreement that Mark...
Tesla CEO Elon Musk is expected in court on Monday to defend his role in Tesla’s $2.6 billion acquisition of SolarCity in 2016. The stakes here are very high indeed because if he loses then he could have to...
Black England soccer players Marcus Rashford, Jadon Sancho, and Bukayo Saka were the target of a torrent of racist abuse on Facebook, Instagram, and Twitter following England’s loss to Italy in the Euro 2020 final on Sunday night. This...
Modernity is famous for its technological developments which are gradually coming into our lives and improving them. Neither large nor small companies are left out.
At the moment, all prospective businesses are slowly moving away from paper-based document management, giving...
The landscape mode on smartphones such as the iPhone has traditionally been the most popular way to consume entertainment on the Internet, but could the latest innovations alter our smartphone viewing habits?
The Portrait Mode Innovation
In the iGaming sector, portrait...