Two board members of Nvidia Corp., the leading maker of chips for artificial intelligence, sold about $180 million worth of shares in the company in recent days, as the stock hit new highs amid strong demand for its products. The sales are the largest by insiders in at least six...
Toyota takes over battery joint venture with Panasonic
Toyota has announced that it will acquire full ownership of Primearth EV Energy (PEVE), a joint venture with Panasonic that produces batteries for hybrid and electric vehicles. The deal, which is expected to close by the end of March, will allow Toyota to boost its battery production and competitiveness in...
FDA approves new health claim for yogurt and diabetes prevention
The US Food and Drug Administration (FDA) has given the green light to yogurt makers to use a new health claim that their products may help prevent type 2 diabetes. The claim, which is based on limited scientific evidence, is the first of its kind for yogurt in the US....
Canada Tightens Rules on Foreign Investment in Digital Media Sector
Canada has announced that it will increase its scrutiny of foreign investment in the interactive digital media sector, which includes video games and virtual reality devices, to prevent state-sponsored actors from posing a risk to national security. The new rules, which took effect on Friday, will apply to entities owned...
Ford gains an edge over rivals by using Tesla’s charging tech
Ford has announced that its electric vehicles can now charge at Tesla’s superchargers, thanks to a new adapter that it is offering to its customers for free until June 30. The adapter, which works with Ford’s Mustang Mach-E and F-150 Lightning models, allows Ford drivers to access more than 12,000...