STMicroelectronics (ST) pushed back its long-term financial forecasts on Wednesday, following three guidance cuts this year, amid a slump in markets for the industrial and automotive chips it makes.
Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.
Stellantis said on Tuesday it will deploy a new vehicle system that will support assembly of gasoline, hybrid and electric models, but in a sign of how turbulent the electric-vehicle transition is, the automaker also delayed production of Ram electric pickup trucks.