Reuters

Huawei Technologies Co Ltd extended its smart car partnership with Chongqing Changan Automobile Co Ltd to add automotive semiconductor design and development, Reuters reports. The auto sector is estimating $110 billion in lost revenue this year from the semiconductor...

South Korea sought U.S. incentives like tax deductions and infrastructure construction to drive Korean firms' U.S. investment, including Samsung Electronics Co Ltd (OTC: SSNLF), Reuters reports. South Korean President Moon Jae-in spoke about mutual benefit from supply chain...

Nissan Motor Co Ltd (OTC: NSANY) and Suzuki Motor Corp (OTC: SZKMY) will briefly stop production at some plants in June due to the semiconductor chip crisis, joining the likes of General Motors Co (NYSE: GM) and Ford Motor Co (NYSE: F), ...

Pfizer Inc (NYSE: PFE) and the Indian government are at loggerheads over a demand by the company for legal protection from any claims linked to the use of its COVID-19 vaccine, said Reuters citing two sources. What Happened: India has not given any manufacturer of a COVID-19 vaccine...

India’s technology ministry is seeking a withdrawal of Facebook Inc (NASDAQ: FB)-owned WhatsApp’s privacy policy update, Reuters reports. The ministry has threatened with legal action on non-compliance under the country’s IT Act regulations and has sought a...

An EU lawmaker has endorsed the inclusion of user privacy and anonymity rights in Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), and their counterparts during a European Parliament debate to tackle hate speech and child sexual abuse issues, ...

The U.S. Senate Democratic Leader Chuck Schumer pushed for a $52 billion U.S. semiconductor chip funding over five years to counter China’s growing tech dominance, Reuters reports. The bill includes $39 billion in production and R&D incentives and $10.5 billion to implement programs...

Johnson and Johnson (NYSE: JNJ) has joined hands with India-based Biological E Limited to manufacture its COVID-19 vaccine, alongside Biological E's COVID-19 vaccine candidate, which could boost the country's overall supplies amid a shortage. "The infrastructure and...

G20, a global forum representing the world’s largest economies, has come forward supporting “voluntary licensing” of COVID-19 vaccine patents, the draft conclusions of a summit shows. The leaders have stressed “voluntary licensing, technology and knowledge transfer, and...

Russia has partly paused a retaliatory slowdown of Twitter Inc (NYSE: TWTR) after the social media company complied with the country's regulations and deleted the content deemed illegal by Moscow, Reuters reports. Russia has also issued a warning about similar penalties for...

Billing and payments network Paymentus Holdings Inc (NYSE: PAY) offered 10 million shares at $19 - $21 per share to raise $210 million, aiming for a U.S. initial public offering valuation of up to $2.43 billion, Reuters reports. The company will list its shares on the NYSE under the...

District Judge Beth Labson Freeman in San Jose, California, dismissed on Thursday antitrust claims brought by an advertiser group against Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Reuters reports. The plaintiffs can refile the claim with “serious concerns”...

A group of U.S. senators are on the verge of unleashing a $52-billion proposal to drive the U.S. semiconductor chip production and research over five years to tackle the growing Chinese semiconductor production and crisis impacting the automakers and other U.S. industries Reuters reports. The...

Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) plans to channelize incremental billions of dollars into the Arizona chip factories from its previously disclosed plans, Reuters reports. TSM remains indifferent regarding the European plant plans. Last year, TSM had announced an...