Computer Hardware

TOKYO— Apple Inc. AAPL 0.17% has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the discussions said.India and Vietnam, already sites for a small portion of Apple’s global production, are among the countries getting a closer look from the company as alternatives to China, the people said. More than 90% of Apple products such as iPhones, iPads and…

Elon Musk announced Friday that his Twitter deal is on hold until he receives more information about how many fake accounts there are on the social media platform.In a follow-up tweet around two hours later, Musk added that he was "still committed to the acquisition."Twitter's stock plummeted 18% in premarket trading following the initial announcement, but trimmed some losses after the second tweet. Shares closed down 9.7%. A spokesperson for the social media company did not immediately respond to a CNBC request for…

Katie Contreras and Chris Nguyen, experience experts, stand at the Customer Onboarding station for the Quest Demo space during a preview of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022.Brittany Hosea-Small | ReutersMeta is taking the next step in its evolution away from being an ad-supported social network to a hardware-driven tech company for the metaverse age, with the opening of its first-ever retail store.As the company formerly known as Facebook works to…

WASHINGTON— Nvidia Corp. NVDA -0.90% has agreed to pay $5.5 million to settle a regulatory investigation that found it didn’t adequately reveal the impact of cryptomining on its sales of powerful chips designed for computer gaming. The Securities and Exchange Commission said Nvidia’s sales of its graphics processing units, or GPUs, were materially boosted in its 2018 fiscal year by consumers who bought them to mine new units of…

The drought in chip availability that has hit auto production, raised electronics prices and stoked supply-chain worries in capitals around the globe has a new pain point: a lack of chips needed for the machines that make chips, industry executives say.The wait time it takes to get machinery for chip-making—one of the world’s most complex and delicate kinds of manufacturing—has extended over recent months. Early in the pandemic it took months from placing an order to receiving the equipment. That time frame has stretched…