Foxconn Buys Half of Mitsubishi Electric’s Car-Parts Business
Foxconn said on October 16 that its investment arm Lin Yin had signed an agreement to acquire 50 percent of Mitsubishi Electric Mobility from Mitsubishi Electric for 115 billion yen,…
One Stolen Credential Opened 173 Microsoft 365 Tenants in Two Hours
At 06:13 UTC on October 15, an address on the public internet began signing into Microsoft 365 tenants. It did not stop. By 08:34 it had authenticated against 173 customer…
Tesla Opens Roadster Orders With a $250,000 Deposit and a Car That Cannot Yet Fly Legally
Tesla began taking reservations for its long-delayed Roadster on October 16, and the price of a place in line is not a deposit in the ordinary sense. The performance version…
Intel’s Chief Says Washington Holds 8.2% and Stays Out of the Room
Intel Chief Executive Lip-Bu Tan said the U.S. government has not used its minority stake to shape company decisions, an assertion that answers a question Intel’s customers have been asking…
Samsung Sets a November Groundbreaking for Its Second Texas Fab
TAYLOR, Texas—The second building on Samsung Electronics’ chip campus here will cover about 2.7 million square feet, half again the size of the first, a figure the company disclosed on…
TSMC’s Second Kumamoto Fab Will Build 3-Nanometer Chips at a Fraction of the Planned Scale
In Kikuyo, a town on the plain west of Kumamoto city, the second building on TSMC’s Japanese site has been rising next to the first for more than a year.…
Salesforce Wins a Tax Authority Contract Worth Up to 2 Billion Pounds
Salesforce was named strategic enterprise customer relationship management supplier to HM Revenue and Customs on October 15 under a contract running up to 15 years and worth as much as…
Netflix Replaces Its Content Chief and Cuts Nearly a Thousand Jobs
Netflix named Peter Rice, a former Disney executive, as chief content officer on October 15, replacing Bela Bajaria. The appointment takes effect on October 26, and Mr. Rice will oversee…
Apple’s First Foldable Sold Out Its First Run in About 30 Minutes
Apple opened preorders for the iPhone Duo, its first folding phone, at 8 a.m. on October 16. Within roughly half an hour, every color and storage configuration had slipped from…
Microsoft Signs a 20-Year Power Deal for Its Indiana Data Centers
Microsoft has secured about 1,100 megawatts of new generating capacity for its data center campus in northwestern Indiana under a 20-year energy agreement with NiSource, the utility announced on October…
