Technology

Humane, a mysterious startup founded by ex-Apple employees Imran Chaudhri and Bethany Bongiorno, announced earlier this week that it raised $100 million in a recent Series C funding round. This means that the startup has now raised a total of $230 million in funding...

Goldman Sachs is finally buying into Apple as a viable addition to your investment portfolios. After six years of keeping the iPhone maker’s stock at Neutral or Sell, the investment bank has recently changed course and upgraded it to Buy. The last time Goldman Sachs...

Foxconn, the world's largest contract electronics maker, announced on Sunday that its revenue in February declined by 11.65% year-on-year, citing a weak consumer electronics market. Despite this decline, Foxconn has stuck to its previously-stated first-quarter outlook. One of Apple's major suppliers, Foxconn assembles the company's...

Apple partner Foxconn Technology Group is planning to invest $700 million on a new plant in India to boost local production, sources familiar with the matter revealed. This comes as the manufacturer seeks to shift its operations away from China as tensions with the...

Norwegian battery start-up Freyr has announced its decision to accelerate its plans to invest in a U.S. plant in an effort to benefit from tax credits offered by the Inflation Reduction Act (IRA), CEO Tom Jensen confirmed. Currently, Freyr is building two large battery plants,...

San Francisco-based cloud giant Salesforce jumped on the wave of layoffs in the tech sector back in January and said goodbye to around 8,000 workers. While this was considered a cost-cutting effort at the time, it appears that the company isn’t shy about spending...