Apple Concedes Ground on App Store as Regulators Chip Away at Services
The admission arrived inside the dense language of a securities filing, easy to miss and hard to overstate. Apple, for the first time, told investors that regulatory changes have forced…
TSMC Builds a Transistor Layer Four-Tenths of a Nanometer Thick
HSINCHU, Taiwan — Silicon has a physical limit, and the world’s largest chipmaker is trying to see past it. TSMC, working with researchers from National Yang Ming Chiao Tung University,…
SanDisk’s 80 Percent Margin Target Puts Memory Peers in the Spotlight
NEW YORK — SanDisk’s chief executive stood before analysts on Aug. 13 and laid out a future most memory makers would have considered fantasy two years ago: adjusted gross margins…
Meta Faces Trial as 29 States Press Youth Addiction Claims
OAKLAND, Calif. — The courtroom on the seventh floor of the federal courthouse here has been prepared for a trial that could run six weeks, with jury selection beginning this…
Alphabet Plans First Australian Bond Sale of A$5 Billion
SYDNEY — Bond desks across Sydney were still setting up for the week when the mandate landed: Alphabet, the parent of Google, wants to borrow in Australian dollars for the…
Harvard’s $2.2 Billion SpaceX Stake Shows Endowments Now Hold What They Once Flipped
The 13F filing that Harvard University’s endowment submitted this month listed a familiar name among its largest holdings: SpaceX. The position, valued at roughly $2.2 billion, was reported by Bloomberg…
Amazon Revives Mandatory Arbitration, Closing Off Class-Action Lawsuits
Five years after abandoning the practice under public pressure, Amazon has brought it back. The company updated its U.S. user agreement this month to restore mandatory arbitration clauses and to…
PayPal Revives Sale Talks as Stock Trades Above Offer Price
On Friday, PayPal’s shares closed at $61.67. The takeover bid that a consortium put on the table in July was $60.50 a share. The market, in other words, has already…
Musk Holds 48.4% of SpaceX, Worth More Than $900 Billion
A regulatory filing published Aug. 14 lays out the ownership of the most valuable private company in the world in cold numbers: as of June 30, Elon Musk held 48.4…
Tata Sons Chairman Won’t Seek Another Term, Leaving India’s Biggest Group in Flux
N. Chandrasekaran has led Tata Sons, the holding company of India’s largest business group, since 2017, steering it through the aftermath of a dramatic boardroom coup and a global pandemic.…
