Tesla stock down 1.2% today: what’s hurting the EV major today?
Shares of Tesla edged lower on Tuesday, falling 1.2% to $374.54, even as US regulators closed a safety investigation into the company’s vehicles without requiring a recall. The decline came alongside broader market weakness, with the S&P 500 down 0.7%, while
Altair Semiconductor Spins Off from Sony to Focus on 5G IoT and eRedCap Strategy
By Marc Kavinsky, Lead Editor at IoT Business News. Altair Semiconductor has completed its spinoff from Sony Semiconductor Solutions, securing $50 million in funding to accelerate its focus on cellular IoT and a 5G eRedCap roadmap. As IoT deployments scale across industries,
IoT Platforms: Key Capabilities, Vendor Landscape and Selection Criteria
IoT Platforms have become a central layer in the architecture of connected systems, sitting between devices, networks, and enterprise applications. As organizations move from pilot projects to large-scale deployments, the need for structured, scalable, and secure ways to manage connected
Corning stock falls as Q2 revenue forecast misses Street estimates
Corning reported better-than-expected first-quarter results but issued a softer revenue outlook for the current quarter, weighing on investor sentiment and halting a recent rally in optical communications stocks. The company posted adjusted earnings of 70 cents per share for the quarter,
Norway wealth fund chief warns on AI job-cut backlash
The CEO of Norway’s $2.2 trillion sovereign wealth fund has urged companies to adopt artificial intelligence (AI) in a way that benefits society broadly, cautioning against using the technology primarily to cut jobs. Speaking on Tuesday to Reuters, Nicolai Tangen warned
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its momentum. The tech-heavy Nasdaq Composite fell more than 1.15%, while the S&P 500 dropped around 0.54%. In contrast,
T-Mobile packages 5G and Starlink into a single managed broadband offer for business continuity
By Marc Kavinsky, Lead Editor at IoT Business News. As enterprises push more operations to connected, software-driven workflows, internet downtime is increasingly an operational risk—not just an IT inconvenience. T-Mobile’s new SuperBroadband bundle pairs its 5G Business Internet with Starlink connectivity
