Rivian reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Ill., plant and trimming its capital expenditure forecast.
Learn more about the key factors behind Cirrus Logic's impressive fourth-quarter performance.
A group that represents audio streaming firms including Spotify and France's Deezer in Europe has urged the European Commission to reject Apple's proposal in a music streaming case. Digital Music Europe expressed concern in a letter submitted to the European Commission on Tuesday that Apple's proposal to comply with the regulator's March order, in which the iPhone-maker was fined 1.84 billion euros ($1.98 billion), does not provide concrete and effective remedies.