Bloomberg Intel Corp Chief Executive Officer Pat Gelsinger predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve. “I don’t expect chip industry is back to a healthy supply-demand situation until ’23,” he said in an interview. “For a variety of industries, I ...

Bloomberg Amazon.com Inc. and Google are facing formal probes into possible violations of UK consumer protection rules over a failure to shield their users from an onslaught of fake reviews. The Competition and Markets Authority (CMA) said it has opened investigations to gather more information and decide whether the tech giants may have broken the law by not doing enough ...

Bloomberg European stocks slipped on Monday, with travel shares slumping amid restrictions prompted by coronavirus pandemic (Covid-19) strains, while US futures were little changed alongside Asian equities. The Stoxx 600 Index was led lower by the likes of Tui AG and EasyJet Plc, with the highly contagious Delta strain threatening to derail summer travel in Europe just as the northern ...