The oil giant's announcement will mark the first time Chevron will be headquartered outside of California since its founding 100 years ago.
Industry
Nvidia’s AI Chip Faces Production Delay Due to a Design Flaw: Report
The Blackwell B200 AI chips will now take at least three more months to produce. Nvidia Corp. 's upcoming artificial intelligence chips are now facing production delays due to a design flaw, according to a report.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Google Loses Antitrust Lawsuit Over Market Dominance, Here’s How Other Tech Companies Stand
The ruling could force Google to allow users to choose which search engine to use. A federal judge on Monday ruled that Alphabet's Google broke antitrust laws and held an illegal monopoly in the United States in a landmark ruling against the tech giant.
Elon Musk Closes X San Francisco Office, Citing Issues with California Law, 'Drug Addicts'
The move came after Musk slammed California's SAFETY Act last month. X, the social media company formerly known as Twitter and owned by Elon Musk, is now preparing to shut its San Francisco office and move to Texas, according to an internal email sent to employees on Monday.
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The implant could give a paralyzed patient the ability to control digital devices by thinking. Neuralink, a microchip company owned by Elon Musk, has successfully implanted a brain chip into a second trial patient just months after its first attempt.
Coca-Cola expects some or all of the $6 billion in back taxes to be refunded if it wins an appeal on the court's decision.
The shareholders also noted that CrowdStrike's share price fell more than 30% in the days following the global tech outage.
The majority of the layoffs will be completed by the end of 2024, Intel said. Chip maker Intel on Thursday announced it plans to lay off more than 15,000 workers after it lost more than $1 billion in revenue in the second quarter.
The Dow had already plunged more than 700 points earlier in the session. Stocks tumbled Thursday, with the Dow Jones Industrial Average closing nearly 500 points lower after fresh data stoked concerns of a potential recession.
Apple's revenue was boosted by sales of Macs and iPads, which offset the weak demand for iPhones.
Shares of the big tech company Meta jumped by about 7% in extended trading on July 31 after exceeding Wall Street expectations on revenue and profit for the second quarter of 2024.
Tesla's latest recall is the biggest since December, when it recalled 2.03 million vehicles to install safeguards in its Autopilot features.
The company's hidden fees can allegedly boost the total cost of a ticket by 40%. Millions of sports fans and concertgoers could have fallen victim to a deceptive pricing scheme at the online events platform StubHub that leads them to overpay for tickets, according to a lawsuit.
