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Meta raises $10 billion in first-ever bond offering

Meta raises $10 billion in first-ever bond offering

Facebook-parent Meta Platforms Inc said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business. The offering would help Meta, the only one among big technology companies without debt on its books, to build a …

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Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Tesla Inc is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, a filing by the electric-vehicle maker to the province’s Office of the Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial …

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Biden signs bill to boost US chips, compete with China

Biden signs bill to boost US chips, compete with China

President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China’s science and technology efforts. “The future is going to be made in America,” Biden said, calling …

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