Business News

Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current fiscal year.

Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.

Rest of World spoke to more than a dozen employees who said that TikTok remains answerable to ByteDance rather than its international leadership.

Apple will use M2 for now before moving to M4 chips for AI.

Nearly 33 million electric vehicles (EVs) nationwide—that is the number of vehicles the United States should be prepared to support through a national charging network by the year 2030, researchers at the National Renewable Energy Laboratory (NREL) estimated in a recent study. Improving reliable, equitable, and widespread access to electric vehicle charging infrastructure in all communities will be critical to ensuring the continued success of the EV revolution.

America's first large-scale offshore wind farms began sending power to the Northeast in early 2024, but a wave of wind farm project cancellations and rising costs have left many people with doubts about the industry's future in the U.S.

The sudden closure of several video-game studios at Microsoft Corp.'s Xbox division was the result of a widespread cost-cutting initiative that still isn't finished.

Bluesky is seeking a replacement that shares its goals.

The company is apparently awaiting regulatory approval.

The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei, the Commerce Department confirmed on Wednesday.

Growing up, Devante Cuthbertson assumed he might have to leave his North Carolina hometown to pursue a career, but a new multi-billion-dollar Toyota battery plant is offering him a reason to stay put.

Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop fort its stock in after-market trading Wednesday.

Initial testing of the partnership will take place soon.

Whether you're apping someone or scrolling through Instagram… all your online behavior is being monitored. In fact, others decide what you actually see. Ph.D. candidate Aleksandre Zardiashvili investigated the impact of online advertising and the power of the companies behind it.

Last week, Tesla fired 500 employees responsible for expanding its Supercharger network.

Want to earn big returns on your savings? These accounts offer APYs that outweigh today's 3.2% inflation rate.

FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.

SB Nation participated in an invitation-only media roundtable with Tom Garfinkel ahead of the Miami Grand Prix

Would it be possible to build a refinery that is completely fossil-free, and thereby significantly contributing to a carbon-neutral society by as early as 2050? According to two chemists from Utrecht University it is. In a Nature article, they present a roadmap in which oil refineries could be reinvented to be completely fossil-free. Processes will be electrified if possible, and raw materials will change to CO2, agricultural and municipal waste. "We wanted to see what would be needed to make a fossil-free refinery and took that to the extreme."

Facebook and Instagram parent company Meta Platforms Inc. is testing new tools that will let advertisers create marketing material, including images and messaging, using generative AI prompts.