Facebook bought WhatsApp a decade ago for $22 billion.WhatsApp is finally starting to look like a real business for parent company Meta.The messaging app is fueling Meta's non-advertising revenue growth.That's a win for Meta's broader strategy of monetizing DMs across its apps. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topic ...

Amazon's sales of cheap items are surging, driven by faster delivery speeds, executive says.Amazon's essential product sales are growing 50% faster than other items.The company has regionalized its delivery network to achieve faster and cheaper deliveries. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized fe ...

Core Insights - Donald Trump's election win has significant implications for Intel, which is currently facing financial challenges and is in search of a new strategic direction [2][3] - Trump's policies favor domestic manufacturing, which could potentially benefit Intel as it remains the largest chipmaker in the US [3][4] Group 1: Impact of Trump's Policies - Trump's support for US manufacturing may lead to increased orders for Intel if there is a push for domestic semiconductor production [3] - Intel's recovery strategy includes building its foundry business, which requires new customers, and any boost from Trump's policies would be advantageous [4] Group 2: Concerns Regarding the CHIPS Act - Trump has expressed opposition to the CHIPS and Science Act, which could result in Intel missing out on approximately $8.5 billion in financial support [5] - Intel has not yet received funds from the CHIPS Act, and the company has invested $30 billion in new manufacturing capabilities, highlighting the urgency of financial support [6] Group 3: Tariffs and Global Supply Chain - Trump's preference for tariffs as a tool to enhance US manufacturing could complicate the semiconductor industry's global supply chain, potentially affecting Intel [7][8] - The semiconductor industry relies on a global supply chain, and tariffs could create price disparities between US-made and foreign-made chips [8][9] Group 4: Taiwan's Role in the Semiconductor Industry - The geopolitical situation regarding Taiwan poses risks for the chip industry, as many tech companies depend on TSMC for advanced chip manufacturing [10] - Trump's views on Taiwan and its impact on the chip business could further complicate Intel's competitive position in the market [10]

Tesla stock surged 12% in premarket trading following Trump's election victory.Elon Musk has been an outspoken supporter of Trump, spending months campaigning for him.Musk's big bet on Trump has boosted analysts' confidence in Tesla's future prospects. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed w ...

Apple is doing research into the smart glasses market, Bloomberg reported.The report comes amid weak Vision Pro demand and flashy smart glasses demos from competitors.Meta's Orion and Ray-Ban glasses have received positive remarks from early reviewers and consumers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a perso ...

Tesla has criticized the US government's plans to ban Chinese software from US cars.In a regulatory filing, the automaker said the new rules would add "unneeded regulatory burdens."President Joe Biden announced plans to ban Chinese software after clamping down on China's EV giants. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite t ...

Unionized Boeing workers on Monday voted to accept a contract proposal, ending a seven-week strike.The deal increases pay by 38% over four years and gives workers a bonus for ratifying the contract.A Bank of America analyst estimated Boeing lost about $50 million a day due to the strike. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favo ...

Core Viewpoint - The New York Times' tech workers have initiated a strike, potentially disrupting operations during a critical election period, as they seek better working conditions and pay equity [2][4][6]. Group 1: Strike Details - The Tech Guild, representing software developers and data analysts, is picketing outside the Times' headquarters and has requested the public to avoid using certain digital services during the strike [3][4]. - The strike could create a divide between tech workers and other newsroom employees, who are concerned about the impact on the Times' ability to manage increased election-related traffic [4][5]. Group 2: Management Response - Times management claims to have made a strong offer, with total compensation for tech workers averaging $190,000, which is $40,000 more than that of journalists in the Times Guild [6]. - The Times emphasizes its commitment to fulfilling its public service mission and has plans in place to ensure operational continuity during the strike [6]. Group 3: Negotiation Background - The Tech Guild, formed in 2021, has been negotiating with management since 2022 and consists of 600 members, including various tech roles [6]. - The Times Co. chairman has indicated that the strike may persist at least through the election, suggesting a prolonged negotiation process [7].

Ryanair, Europe's biggest airline, repeatedly criticized Boeing in its latest earnings report.The budget carrier said delays to plane deliveries would lead to a 5 million passenger shortfall.Profits at the Irish airline were down 18% compared to the same period last year. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a ...

Berkshire Hathaway reduced its Apple stake again in the third quarter of 2024.Warren Buffett's company has now cut its shares in Apple by two-thirds over the last year.Buffett has sold off other large holdings, growing his cash stockpile to $325 billion. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed ...