SAN DIEGO — Qualcomm agreed to acquire AI software startup Modular in an all-stock deal valued at $3.92 billion, the San Diego chipmaker said Wednesday during its Investor Day, as it works to expand beyond smartphone chips into data center and AI markets.

Equity holders of Modular will receive up to 19.2 million newly issued Qualcomm common ...Read more

SPRINGFIELD, Ill. — In lieu of statewide regulations, a growing number of Illinois cities and counties are telling data centers to come back later or adhere to new regulations.

In Aurora, what began as a 180-day moratorium ended with city officials bringing the regulatory hammer down on data centers after many community members complained ...Read more

SAN JOSE, Calif. — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, WARN notices posted by the state Employment Development ...Read more

Corn tumbled as traders looked past potential crop stress from the building heat dome to a U.S. Department of Agriculture report due Tuesday that’s expected to show the largest American stockpile since 1988.

The agency is set to publish quarterly stocks data along with annual acreage data showing how much U.S. farmers were able to plant in ...Read more

This is the summer of the mega-IPO, a flood of new stock listings after years of drought.

Mine is not a personal finance column, but there’s never been a moment quite like this. The opportunity to invest at a relatively early stage of an industry, artificial intelligence in this case, doesn’t come often.

And the dollars these companies are...Read more

Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence.

The stock at one point fell more than 20% in June, which would have represented its worst monthly showing since December 2000, although a two-day gain has helped it ...Read more

SAN JOSE, Calif. — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, WARN notices posted by the state Employment Development ...Read more

LOS ANGELES — Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company, the media giant announced Monday.

The plan will put broadcast networks NBC and Telemundo, NBC News, cable network Bravo and streaming service Peacock, the Universal film studios and British TV service Sky into a new ...Read more

LOS ANGELES — Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company, the media giant announced Monday.

The plan will put broadcast networks NBC and Telemundo, NBC News, cable network Bravo and streaming service Peacock, the Universal film studios and British TV service Sky into a new ...Read more

If you want the highest odds of maintaining a remote or hybrid work arrangement, make sure you’re not working for a narcissist.

In the post-pandemic era, bosses have used all of corporate America’s favorite buzzwords — innovation, collaboration, culture, mentorship, productivity, performance — to rationalize calling workers back to the ...Read more

California tech company Cisco plans to cut 471 workers in three Bay Area offices, according to layoff notices filed to a state agency.

The company, which provides networking devices along with other services including video conferencing and cybersecurity, told employees in May that it was going to cut fewer than 4,000 jobs or less than 5% of ...Read more

Germany’s Merck KGaA will buy Bio-Techne Corp. in a deal worth $11.3 billion, one of the largest acquisitions in Minnesota history.

The sale follows investor pressure on Minneapolis-based Bio-Techne, which makes lab materials and equipment used to develop drugs.

Bio-Techne’s stock had fallen nearly 50% in five years while Merck KGaA — ...Read more

Anthropic PBC and the Trump administration are moving closer to an agreement that would lift U.S. restrictions on the company’s top two artificial intelligence models after weeks of talks between the two sides over security of the systems, according to people familiar with the matter.

Commerce Secretary Howard Lutnick is making progress ...Read more

The U.S. Federal Aviation Administration issued several airworthiness directives Friday for Boeing Co. jets, including 737 Max aircraft and 787 Dreamliners, operating in Canadian airspace that could face interference from 5G radio waves.

Radio altimeters used in thousands of Boeing aircraft could be disrupted by wireless broadband operations ...Read more

Gov. Ron DeSantis has branded himself as one of the country’s leading skeptics of data centers, arguing that regular people should not bear the brunt of higher electricity bills or scarcer water because of the industry’s hunger for resources.

“You should not, as a hard-working Floridian, have to subsidize some of the wealthiest companies ...Read more

Tesla Inc. has quietly resolved a lawsuit stemming from a fatal 2023 crash that precipitated a defect investigation into the carmaker’s automated-driving technology.

The collision involved 71-year-old Johna Story, who had stepped out of her vehicle on an Arizona highway to help direct traffic around cars that had already crashed due to ...Read more

The Directors Guild of America on Thursday night said it approved a four-year contract with major studios.

The new contract will boost studio contributions to DGA's healthcare plan, increase minimum salaries and offer AI protections. The DGA declined to say how many voted in favor of the contract, but in a memo to members, union President ...Read more