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STMicroelectronics lowers revenue guidance as automotive clients halt purchases

STMicroelectronics lowers revenue guidance as automotive clients halt purchases
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Tech News: Apple Stock Owners Reject AI Proposal, OpenAI Faces SEC Questions

Apple investors want to hear about AI product news but they rejected a proposal aimed at forcing the company to be transparent over its ethical risks.

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Best Buy Earnings Are a Litmus Test for Electronics Demand. What to Expect.

Best Buy reports earnings Thursday morning before the market open. Investors want to see if lagging electronics sales will be picking up.

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Sony cuts 900 PlayStation jobs after PS5 sales fell short of expectations

Sony became the latest video-game business to reduce its workforce, as it announced plans to cut 900 jobs, representing 8% of its workforce.

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Sony Lays Off 900 PlayStation Workers, Shutters London Office

Sony Interactive Entertainment said it’s slashing 900 jobs, or about 8% of its workforce, as PlayStation 5 sales are expected to miss the mark.

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