Taiwan rejected a U.S. proposal to produce half the chips it supplies locally. Talks focused on lowering tariffs, not shifting semiconductor output.
Apple has paused its Vision Pro headset update to focus on developing smart glasses, shifting resources to compete with Meta, Bloomberg reports.
Ford, GM, and Hyundai posted record EV sales in Q3, while overall sales rose 8%. Toyota, Nissan, and Stellantis also grew; Honda sales dipped 2% year-over-year.
Google says hackers linked to ransomware group Cl0p are emailing execs, claiming they stole sensitive data from Oracle business apps to extort companies.
Microsoft plans to rely more on its own chips in data centers, reducing dependence on Nvidia and AMD, as it pushes to boost AI performance and efficiency.
T-Mobile's satellite-to-cell service now supports apps like WhatsApp, Google Maps, and X, expanding beyond basic messaging in areas with no traditional signal.
Tesla raised U.S. lease prices after a $7,500 federal EV tax credit expired on Sept 30, ending key incentives for new and used electric vehicle buyers.
BMW is recalling over 145,000 U.S. vehicles, including 2020 340i, X5, and X7 models, due to fire risk from overheating starters. Dealers will replace parts free.
Spirit Airlines makes progress in restructuring, securing $475M in financing after filing for Chapter 11 again. It plans deep cuts to routes, staff, and pilot costs.
A U.S. judge denied Apple, Google, and Meta's bid to dismiss lawsuits accusing them of promoting illegal gambling via casino-style apps on their platforms.
Spotify CEO Daniel Ek to step down, become exec chairman in Jan. Firm shifts to co-CEO model to boost profits and compete with Apple, YouTube, and Amazon.
CoreWeave signed a $14B deal to supply computing power to Meta, boosting AI infrastructure. Shares jumped 12% after the announcement on Tuesday.
Exxon Mobil will lay off 2,000 workers globally—about 3–4% of its workforce—as part of a long-term restructuring and efficiency plan.
Trump plans 100% tariffs on foreign-made films entering the U.S., threatening Hollywood's global model and raising risks for international film productions.
YouTube will pay $24.5M to settle Trump's lawsuit over his 2021 account ban, becoming the last major tech firm to resolve his claims of silencing conservatives.
Trump to impose 10% tariffs on timber and 25% on furniture from Oct 14, targeting imports ahead of wider duties on drugs and trucks starting October 1.
Trump's H-1B visa crackdown may push U.S. firms to shift key work to India, boosting growth of 1,700+ high-value Global Capability Centres across sectors.
GSK CEO Emma Walmsley to step down after 8 years; insider Luke Miels to take over as firm aims to boost its pipeline and tackle U.S. trade tariff risks.
Lockheed's Sikorsky won a $11B U.S. Navy deal to build up to 99 CH-53K helicopters over 5 years, the largest order yet for the heavy-lift aircraft.
UK to back Jaguar Land Rover with a £1.5B loan guarantee after a cyberattack halted production, aiming to support the carmaker and struggling suppliers.
TotalEnergies will sell 50% of its U.S. solar portfolio to KKR for $950M, including 6 utility-scale and 41 distributed generation assets across North America.
BP will invest $5B in its Tiber-Guadalupe project in the Gulf of Mexico, aiming to start production by 2030 with a new platform producing 80,000 barrels/day.
Mercedes uses recycled, renewable-powered aluminium from Norsk Hydro to cut CO2 in making its new electric CLA, aiding its push to decarbonize production.
SEC Chair Paul Atkins backs minimal regulation and supports fast-tracking Trump's plan to end quarterly earnings reports, aiming to boost business growth.