WASHINGTON, Jan 20 (Reuters) – General Motors Co (GM.N) and LG Energy Solution (373220.KS) do not plan to move forward with a fourth U.S. battery cell manufacturing plant, two sources told Reuters on Friday. The companies joint venture Ultium Cells LLC in August said it was considering a site in New Carlisle, Indiana, for a… Continue reading Gallery
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Google parent to lay off 12,000 workers as AI focus intensifies, article with video
Jan 20 (Reuters) – Google’s parent Alphabet Inc (GOOGL.O) is cutting about 12,000 jobs, or 6% of its workforce, it said in a staff memo Friday, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI). Alphabet’s shares were up nearly 4% in morning trade. The cuts come at… Continue reading Google parent to lay off 12,000 workers as AI focus intensifies, article with video
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WASHINGTON, Jan 20 (Reuters) – Amazon.com Inc’s (AMZN.O) cloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Virginia Republican Governor Glenn Youngkin said AWS will establish multiple data center campuses across Virginia.… Continue reading Untitled
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WASHINGTON, Jan 20 (Reuters) – General Motors (GM.N) said Thursday it was investing $918 million in four U.S. plants for V-8 gasoline engine production and electric vehicle components. The largest U.S. automaker has a two-prong strategy to ramp up EV production while continuing to invest in its current gasoline-engine vehicles that account for the vast… Continue reading Untitled
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BERLIN, Jan 20 (Reuters) – Tesla (TSLA.O) pushed back the delivery window for Model 3 vehicles on its website in Germany to February to April 2023 from January to March previously, a week after it slashed prices by between 4% and 12% depending on the variation of the model. Delivery times on the Model Y… Continue reading Untitled
Apple appeals investigation by UK competition watchdog, article with image
LONDON, Jan 20 (Reuters) – Technology giant Apple (AAPL.O) has filed an appeal against an investigation by Britain’s competition watchdog into the dominance of its mobile browsers in the cloud gaming market. Last November, the Competition and Markets Authority (CMA), Britain’s competition regulator, launched a full investigation into cloud gaming and mobile browsers on concerns… Continue reading Apple appeals investigation by UK competition watchdog, article with image
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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DUBLIN, Jan 20 (Reuters) – While the prospect of global recession casts a long shadow over the snowy peaks of Davos this week, the mood was mostly sunnier at another gathering of executives – the owners of most of the world’s planes – 1,700 kilometres away in Dublin. The world’s top aircraft lessors – a… Continue reading Untitled
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MILAN, Jan 20 (Reuters) – Stellantis (STLA.MI) will halt production at its Atessa van making plant In Italy next week due to a parts shortage, unions said on Friday. The stoppage will affect most of the plant’s workers, FIM, UILM and Fismic unions said in a statement. Nicola Manzi, the local head of UILM metal… Continue reading Untitled