Foxconn Teams Up With Fisker to Build Electric Cars in US, Start Producing Vehicles in 2023

Foxconn announced it has teamed up with American electric car startup Fisker to build a factory in the United States with a goal to start producing vehicles in late 2023.

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Apple Supplier Foxconn Rides Boost in Work-From-Home Demands to Post Soaring Profit

Foxconn, that assembles iPhone units for Apple, reported first-quarter profit soared past estimates amid the work-from-home boom spurred by the COVID-19 pandemic that has stoked demand for devices like smartphones and laptops.

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Bitcoin Price Drops After Report Binance Under US Probe, Tesla Fallout

Bitcoin fell to a more than two-month low in the wake of Tesla chief Elon Musk reversing his stance on accepting the digital currency, selling off for a second straight session on news of a US probe into Binance, one of the world's biggest cryptocurrency exchanges.

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Facebook Faces Prospect of 'Devastating' Data Transfer Ban After Irish Ruling

Ireland's data regulator can resume a probe that may trigger a ban on Facebook's transatlantic data transfers, the High Court ruled, raising the prospect of a stoppage that the company warns would have a devastating impact on its business.

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Elon Musk's Bitcoin Turnaround Pleases Some Tesla Investors

Elon Musk's decision to stop accepting Bitcoin as payment over environmental concerns has been well-received by some of Tesla's investors, offering a warning to corporate peers mulling a dabble with the cryptocurrency.

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Bitcoin Price Drops After Report Binance Under US Probe, Tesla Fallout

Bitcoin fell to a more than two-month low in the wake of Tesla chief Elon Musk reversing his stance on accepting the digital currency, selling off for a second straight session on news of a US probe into Binance, one of the world's biggest cryptocurrency exchanges.

Facebook Faces Prospect of 'Devastating' Data Transfer Ban After Irish Ruling

Ireland's data regulator can resume a probe that may trigger a ban on Facebook's transatlantic data transfers, the High Court ruled, raising the prospect of a stoppage that the company warns would have a devastating impact on its business.