Shares of technology companies edged higher.
The Senate on Tuesday approved a bipartisan, $250 billion bill boosting government spending on technology research and development amid rising competition from China and other nations.
The biggest American-owned solar-panel maker announced plans to invest $680 million in a new Ohio factory, in one of the largest bets on domestic solar manufacturing since China began dominating the industry a decade ago.
First Solar, based in Tempe, Ariz., said it plans to begin construction after necessary permits and local incentives have been secured and is aiming to open the plant early in 2023.
Cloud-computing company Fastly blamed an outage that briefly shuttered a big chunk of the Internet early Tuesday on an unspecified software bug triggered when a customer reconfigured their settings on the service.
Aura, a company backed by Hollywood mogul Jeffrey Katzenberg and Silicon Valley investor Sujay Jaswa, raised $150 million to help further its bid to become a one-stop offering for online security.
Write to Amy Pessetto at [email protected]
(END) Dow Jones Newswires
June 09, 2021 17:07 ET (21:07 GMT)
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