Apple supplier Foxconn is in talks to build a $9 billion factory in Saudi Arabia that would make microchips, components for electric vehicles and other electronics, The Wall Street Journal reported. Saudi Arabia has been seeking to diversify its reliance on petrodollars to grow its economy but has struggled to attract investment. The Taiwanese-based company is seeking to grow its production...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Reality Check Venture Capital Entertainment
A16z’s Gaming Metaverse Play; Cognixion’s Assistive Reality Progress
As investment pulls back and tech stock sell-offs continue, leave it to Andreesen Horowitz to dangle a bit of hope for startups aiming to power through to the next boom. The Menlo Park firm announced Wednesday the creation of its first fund focused on the gaming industry, totalling $600 million. And though there’s a current of optimism for immersive tech behind this fund, I would bet that it...
Meta Merges News, Media Partnerships Teams Under Campbell Brown
Cisco Systems Forecasts Revenue Drop, Blames China Lockdowns
Ex-Apple AI Director Goodfellow Returns to Alphabet
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
‘I Don’t Know How Steve Jobs Would Survive Today in This Environment’: Tony Fadell Has Opinions to Share and Scores to Settle
Within Silicon Valley power circles, being “on the beach” is a euphemism that covers a continuum of unemployment, from “retired rich” to “brief pause between high-powered jobs.” Tony Fadell has been metaphorically on the beach for six years, ever since leaving Google, which paid $3.2 billion for Nest Labs, the maker of smart thermostats he co-founded, in 2016.
Meta and Alphabet Should Get Used to Paying for News
Data Point Entertainment
Netflix Cancellations Rise Among Long-Standing Subscribers