SoftBank-Backed 3D Printer Maker Formlabs Explores $500 Million IPO
Formlabs, the Massachusetts maker of desktop 3D printers backed by SoftBank, is in early discussions with financial advisers about an initial public offering that could raise roughly $500 million, according…
SpaceX and Tesla Plan Chip-Making Complex in Texas
GRIMES COUNTY, Texas—The announcement went out late on Aug. 6 with the kind of numbers that usually accompany national infrastructure projects, not corporate press releases. SpaceX and Tesla, the two…
SanDisk Signs Eight Long-Term Memory Supply Deals
MILPITAS, Calif.—SanDisk’s chief executive has spent years listening to customers describe their demand in three-month windows, and he says the era of short planning horizons is over. Speaking on the…
New Mexico Court Orders Meta to Pay $942 Million
SANTA FE, N.M.—The judge’s ruling reads like a list of demands, and its total is the largest of its kind in American law. A New Mexico court has ordered Meta…
SK Hynix Shares Flash-Crash Again on Nextrade, KOSPI Falls 4.6%
The circuit breaker tripped before the Seoul market had even opened. On Nextrade, South Korea’s alternative trading platform, SK Hynix shares plunged 30% in pre-market trading on Wednesday, triggering a…
Apple Buys Czech Materials Firm PlasmaSolve
The acquisition had been whispered about since early August; this week, trade publications including Photonics Spectra confirmed it. Apple has bought PlasmaSolve, a Czech materials-science company whose specialty is plasma…
Samsung Unveils Z Fold8 Lineup and Watch9 in Seoul
The stage in Seoul was set for a statement. Samsung on Wednesday unveiled three foldables and two watches: the Galaxy Z Fold8 Ultra, the Fold8, the Flip8, and the Watch…
Bezos Sells Amazon Shares in First Disposal of the Year
Jeff Bezos sold nearly $350 million worth of Amazon.com stock this week, his first sale of the company’s shares this year, according to a Form 4 filing submitted to the…
SpaceX Amasses $19.6 Billion Spectrum Stash, Rattling U.S. Carriers
Shares of AT&T, Verizon and T-Mobile fell in pre-market trading Tuesday after a Reuters report detailed how much wireless spectrum SpaceX has quietly assembled for a ground network to complement…
Samsung and SK Hynix Executives Under Police Investigation
South Korean police have opened an investigation into senior executives of Samsung Electronics and SK Hynix over allegations that they misused company assets during bonus negotiations with labor unions, according…
