Tag: technology

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business...

DoorDash sees record orders and revenue in second quarter even as US restaurant traffic slows

DoorDash said Thursday that it set records for orders and revenue in the second quarter, growth that came despite slowing U.S. restaurant traffic.The...

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial...

Investment funds to take healthcare tech company R1 RCM private in nearly $9B deal

The healthcare tech company R1 RCM will be acquired for $9 billion and taken private by investment funds.The Utah company's stock jumped Thursday...

Uber, China's BYD, form partnership to deploy 100,000 EVs in EU and Latin America

FILE - The Uber logo appears above a trading post on the floor of the New York Stock Exchange, Aug. 16, 2019. The...

Japan rivals Nissan and Honda will share EV components and AI research as they play catch up

TOKYO -- Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for...