Technology

Monday was a tough day for the U.S. stock market, but Tesla shares were hit especially hard. The stock fell by 7.6 percent after Tesla cut the Model 3’s price in China and CEO Elon Musk promised to reimburse U.S. customers if they miss a tax credit deadline due to Model 3 shipment delays. Reuters...

Marvell (MRVL) Monday said it has agreed to buy Avera Semiconductor, the Application Specific Integrated Circuit (ASIC) business of Global Foundries, for $650 million.

MUNICH, Jan. 30, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the development of the Spicer® TE50 powershift transmission, which

International Business Machines Corp. (IBM) said that it agreed to acquire all of the issued and outstanding common shares of Red Hat (RHT), a provider of open source cloud software, for $190.

Earlier today, Spotify launched a new website called It’s Time to Play Fair, where it proceeded to lay out a timeline and “facts” about how Apple mistreats companies like Spotify. I saw a few snipp…

JD ranks behind only Alibaba Group when it comes to e-commerce in China and has started pushing into physical stores in the country, although its incursions overseas have mostly been limited to Thailand, Indonesia and Vietnam.

HCL’s $1.8 billion asset buy has the deal street excited. The IT industry is analysing the sector’s biggest transaction. The moot question is: how will HCL chart its future journey. Foreign analysts that Financial Chronicle spoke to see the deal to buy IBM assets as positive but throw in caution as well. HCL believes that...

Intel Corporation announces that its board of directors has approved a $15 billion increase in its authorized stock repurchase program.

The U.S. trade war with China has one principal victim: American business and specially oil and gas producers that have found China to a lucrative market. If the dispute is not immediately resolved, China will find new newer and more reliable suppliers of those fuels.