The Proposition 22 ballot campaign by Uber and Lyft just became the most expensive such campaign ever. | Continue reading
European stocks rebounded following last week’s sell-off of technology stocks on Wall Street. | Continue reading
The push to work from home may have accelerated the exit out of Silicon Valley for now, but tech startups that remain are turning to a different type of workforce: remote workers overseas.As more and more companies adjust to a distributed reality, founders say they are increasing … | Continue reading
Bill Gates is using his recent popularity to advocate for electric vehicles, climate change and other things beyond just coronavirus treatments and vaccines. In his latest blog post, he rather snubbed Tesla by naming four of its competitors but avoiding Tesla (TSLA). Bill Gates o … | Continue reading
For all we study and talk about the market, in many ways it remains a mystery. | Continue reading
After showing a fourth straight quarter of profitability, many assumed Tesla Inc (NASDAQ: TSLA) would be added to the S&P 500. After hitting this milestone, the electric vehicle maker qualified for entry into the index of the United State's 500 largest companies.After the S&P 500 … | Continue reading
(Bloomberg) -- Tesla Inc.’s stock setback this week wasn’t enough to hinder Elon Musk’s improbable payouts, now amounting to a staggering $8.8 billion.On Friday, Musk cleared the final threshold for a third tranche of his moonshot award, pegged to Tesla’s financial and market val … | Continue reading
The Secret Network’s privacy-focused smart contracts will be formally proposed for the mainnet on Sept. 8. If approved, they’ll launch a week later. | Continue reading
Nvidia has long worked with a variety of chip manufacturers to fabricate its devices, and more recently has relied on Taiwan Semiconductor Manufacturing Co Ltd for its most advanced chips. Samsung will make the new GeForce chips with its 8-nanometer chipmaking process rather th … | Continue reading
The search for new employment has been brutal for millions of Americans. | Continue reading
Walmart+ will rollout nationwide on Sept. 15, which the retailer is calling 'the ultimate life hack' | Continue reading
(Bloomberg) -- Wall Street’s less skeptical view on Tesla Inc. further solidified on Wednesday after a Jefferies analyst more than doubled his price target on the stock, saying the company will continue to broaden its competitive edge in multiple dimensions, including battery cap … | Continue reading
Americans on both sides of the political spectrum believe social media sites are biased, a new report finds. | Continue reading
Tesla popped above $2000 per share, setting a new record high ahead of an expected 5 to 1 stock split and its inclusion in the S&P 500 Index. | Continue reading
The national security law China imposed on Hong Kong is affecting universities in the United States, The Wall Street Journal reports.Professors who teach classes related to China at schools like Princeton University are developing ways to protect their students' identities to hel … | Continue reading
Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing. | Continue reading
(Bloomberg) -- Even for Citigroup Inc., it was big money. On Wednesday, loan operations staff at the New York bank wired $900 million, seemingly on behalf of Revlon Inc., to lenders of the troubled cosmetics giant controlled by billionaire Ron Perelman.It was a mistake for the ag … | Continue reading
Airbnb is preparing to potentially go public before the end of the year, the report said, citing sources familiar with the matter. Reuters had reported in October that Airbnb was close to hiring Morgan Stanley and Goldman Sachs Group Inc as joint lead advisers on its planned stoc … | Continue reading
German fintech company Wirecard was allegedly looted before its collapse in June, according speculations by German prosecutors reported by The Financial Times on Friday.The post German fintech company Wirecard possibly robbed before its collapse appeared first on The Block. | Continue reading
Microsoft and TikTok could prove to be each other's perfect match. | Continue reading
The retailer has 18 units in the United States. | Continue reading
(Bloomberg) -- Nvidia Corp. is in advanced talks to acquire Arm Ltd., the chip designer that SoftBank Group Corp. bought for $32 billion four years ago, according to people familiar with the matter.The two parties aim to reach a deal in the next few weeks, the people said, asking … | Continue reading
Garmin (GRMN) delivered earnings and revenue surprises of 139.47% and 39.07%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock? | Continue reading
Apple has reported its Q3 2020 earnings, crushing expectations, and announcing a 4-1 stock split. | Continue reading
The tech giant has been one of the COVID-19 crisis’ biggest beneficiaries. | Continue reading
(Bloomberg) -- U.S. prosecutors say Anthony Levandowski should spend 27 months in prison. The autonomous-driving engineer argues that at the height of the coronavirus, that could be a “death sentence.”Ahead of Levandowski’s sentencing next week, government lawyers told a judge th … | Continue reading
Amazon.com Inc. (AMZN) has been accused of investing in startups to steal their ideas to create competing products, according to July 23 report from the Wall Street Journal.Numerous startups outline a process that usually started with Amazon expressing interest in their company. … | Continue reading
(Bloomberg) -- Bitcoin rose above $10,000 for the first time in more than six weeks amid the global rally in risk assets.The digital token spiked around 6 a.m. New York time on Sunday, rising as high as $10,169, according to pricing compiled by Bloomberg. The gains quickly fizzle … | Continue reading
(Bloomberg) -- Intel Corp.’s decision to consider outsourcing manufacturing heralds the end of an era in which the company, and the U.S., dominated the semiconductor industry. The move could reverberate well beyond Silicon Valley, influencing global trade and geopolitics.The Sant … | Continue reading
(Bloomberg) -- Intel Corp. Chief Executive Officer Bob Swan spent almost an hour on Thursday discussing an idea that would once have been unthinkable for the world’s largest semiconductor company: Not manufacturing its own chips. Intel’s shares tumbled as much as 18% Friday morni … | Continue reading
Billionaire Airbnb CEO Brian Chesky told Yahoo Finance that the travel habits of everyday Americans have changed permanently amid the coronavirus outbreak in ways that will dramatically shift the industry going forward. | Continue reading
(Bloomberg Opinion) -- After two months of what looked like a nascent recovery, the U.S. economy is faltering again. Restaurant reservations, one of the most commonly tracked indicators of local business activity, are stagnating:Americans are also a bit less mobile in July than i … | Continue reading
Yahoo Finance catches up with Beyond Meat founder and CEO Ethan Brown. | Continue reading
(Bloomberg) -- Before the bankruptcies came the bonuses: $10 million at J.C. Penney Co., $25 million at Chesapeake Energy Corp., $1.5 million at Hertz Global Holdings Inc.That’s how much was promised to executives only weeks or in some cases days before bankruptcy, according to a … | Continue reading
(Bloomberg) -- Like millions of amateur investors across China, Min Hang has become infatuated with the country’s surging stock market.“There’s no way I can lose,” said the 36-year-old, who works at a technology startup and opened her first trading account in Beijing on Tuesday. … | Continue reading
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed signal semiconductors and advanced algorithms, announced that Smart Mimic, a leading provider of Internet of Things (IoT) solutions for security on-the-go, has integrated Semtech’s LoRa® d … | Continue reading
On July 1, a new United States Postal Service pricing structure for the movement of low-value small parcels goes into effect, raising rates on international shipments connecting a number of origin and destination postal systems.(1) "These rate increases," says A.J. Hernandez, pre … | Continue reading
California regulators sued Cisco Systems Inc on Tuesday, accusing it of discriminating against an Indian-American employee and allowing him to be harassed by two managers because he was from a lower Indian caste than them. U.S. employment law does not specifically bar caste-base … | Continue reading
“Staggeringly dumb.” That’s the latest insult Elon Musk threw at Nikola Motors (NKLA), which has rocketed a crazy 500%+ since April. Love him or hate him, no one denies Musk is a genius. He built Tesla (TSLA)—easily the world’s most innovative car company—from scratch. When he’s … | Continue reading
IRVINE, CA / ACCESSWIRE / June 16, 2020 / Netlist, Inc. (NLST) announced that the U.S. Court of Appeals for the Federal Circuit (Federal Circuit) has affirmed the U.S. Patent Trial and Appeal Board's (PTAB) decision upholding the validity of Netlist's U.S. 7,619,912 (‘912) patent … | Continue reading
On June 22, the first robot restaurant complex built by Qianxi Robot Catering Group (Qianxi Group), a subsidiary of Country Garden (HK.02007), opened in Shunde, a city in China's Guangdong province. Powered by the latest in advanced technologies, the restaurant has separate secti … | Continue reading
(Bloomberg) -- Apple Inc. will force iPhone apps to get permission from users before tracking them, dealing a potentially major blow to app developers who rely on advertisements to make money.The change, announced at Apple’s virtual developer conference on Monday, is similar to a … | Continue reading
LONDON , June 22, 2020 /CNW/ -- Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling the value of the online international payments business. The $5.5b … | Continue reading
As the world faces crises from all sides, one small company is leveraging technology to try and tackle some of the biggest problems on the planet | Continue reading
(Bloomberg) -- A mumbling Julian Assange told a London judge that he didn’t understand a court proceeding Monday as the WikiLeaks founder complained that his isolation in a British prison made it hard to fight the U.S. extradition case against him.In rambling, often inaudible com … | Continue reading
Data mining company Palantir Technologies Inc. is planning to confidentially file for an initial public offering with regulators in the United States in the coming weeks, Reuters reports.What Happened Co-founded in 2004 by billionaire Peter Thiel, Palantir is still considering wh … | Continue reading
'A lot of times it’s not the earthquake, it’s the fire,' says Gundlach. | Continue reading
Trump made his assessment at the White House, shortly after the U.S. Labor Department reported an unexpected surge in May jobs, and five weeks after Buffett said his Berkshire Hathaway Inc sold its airline stakes. "Warren Buffett sold airlines a little while ago," Trump said. | Continue reading