Amazon cloud storage challenger Backblaze files to go public

DeMarcus Cousins #15 of the LA Clippers talks to Assistant Coach, Roy Rogers of the LA Clippers before the game during Game 6 of the Western Conference Finals of the 2021 NBA Playoffs on June 30, 2021, at STAPLES Center in Los Angeles. Adam Pantozzi | National Basketball Association | Getty Images Backblaze, a company … Read more

NBA projects $10 billion in revenue as audiences return after Covid, but TV viewership is a big question

NBA Commissioner Adam Silver speaks to the media prior to the game of the Milwaukee Bucks against the Phoenix Suns in Game One of the 2021 NBA Finals on July 6, 2021 at Phoenix Suns Arena in Phoenix, Arizona. Garrett Ellwood | National Basketball Association | Getty Images Adam Silver was all smiles as he … Read more

Lawmakers question whether top Amazon executives lied to Congress

Amazon Founder and CEO Jeff Bezos Mark Ralston | AFP | Getty Images Five members of the House Judiciary Committee sent a letter to Amazon CEO Andy Jassy questioning whether the company’s top executives misled Congress or lied under oath as part of a broad investigation into competitive practices at big tech companies. Reps. Jerrold … Read more

Foxconn unveils 3 electric vehicle prototypes in push to diversify away from consumer electronics

The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images Taiwan’s Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple and other tech firms. The vehicles – … Read more

Apple poised to finish transforming its MacBook lineup on Monday

2020 MacBook Air with M1 chip Todd Haselton | CNBC Apple is holding a launch event on Monday to announce new products, like a redesigned MacBook Pro. Apple has a chance to drive continued momentum to its Macs ahead of the holiday shopping season, especially since it’s expected to announce more computers that run on … Read more

‘Squid Game’ success shines a light on how cheap it is to make TV shows outside the U.S.

Scene from “Squid Game” by Netflix Source: Netflix In the streaming wars, one company’s hit is another company’s failure. Netflix‘s “Squid Game” is an exception. Netflix has its biggest hit ever with “Squid Game,” the gory dystopian South Korean series that has taken the world by storm. More than 111 million viewers globally have already … Read more

Inside TSMC, the Taiwanese chipmaking giant that’s building a new plant in Phoenix

As the world grapples with an ongoing chip shortage, a quiet giant among chipmakers has committed to investing $100 billion over three years to ramp up production. Taiwan Semiconductor Manufacturing Company may not be a household name, but with a market value of over $550 billion, it’s one of the world’s 10 most valuable companies. … Read more

Apple files appeal in Epic Games case, potentially delaying App Store changes for years

Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021. Nina Riggio | Bloomberg | Getty Images Apple filed a notice of appeal in the Epic Games case and is asking for a stay on the injunction that lets developers add in-app links … Read more

Shares of semiconductor giant Samsung rise after it says third-quarter profit likely rose 28%

A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than … Read more