It's the first company to receive permission from the California Public Utilities Commission. | Continue reading
Apple's planned VR/AR headset is a hugely important product for itself and the VR industry. | Continue reading
Ford said that it wants to restructure its dealership model to sell its EVs online only and at a non-negotiable price to match Tesla’s profit margins. “I feel like when that second quarter last year profit came out for Tesla and they showed like a $15,000 premium, it totally cha … | Continue reading
A leaked email purportedly from the Tesla CEO, said employees need to return to Tesla's offices, and not just any old convenient one either. | Continue reading
Elon Musk detailed the policy to Tesla execs, calling for employees to come into the office and stop "phoning it in," per emails obtained by Electrek. | Continue reading
(Bloomberg) -- The chief executive officer of Klarna Bank AB has polarized opinion on social media after posting a contact list of former employees recently dismissed by the Swedish company as part of a drive to curb costs.Sebastian Siemiatkowski, 40, wrote on LinkedIn that he ha … | Continue reading
(Bloomberg) -- International Business Machines Corp. must pay $1.6 billion to BMC Software Inc. for swapping in its own software while servicing their mutual client, a federal judge ruled.Most Read from BloombergReady to Buy a House? Just Wait a Few WeeksSoros’s Money Manager War … | Continue reading
(Bloomberg) -- They are creations of easy credit, beneficiaries of central bank largesse. And now that the era of unconventional monetary policy is over, they’re facing a challenge like never before. Most Read from BloombergReady to Buy a House? Just Wait a Few WeeksSoros’s Money … | Continue reading
Musk "sells a vision in hopes that he can one day deliver what he's promising, but he doesn't know that," said Jackson Palmer. | Continue reading
(Bloomberg) -- To keep doing business with Texas, companies will effectively have to take a vow of neutrality if the latest school-shooting massacre sets off another nationwide furor over gun control.Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later Thi … | Continue reading
Here's what to watch in the markets on Thursday, May 12, 2022. | Continue reading
(Bloomberg) -- Social media stocks lost more than $180 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fears. Most Read from BloombergBroadcom in Talks to Acquire Cloud C … | Continue reading
For the first time in history, retail investors’ index fund holdings exceed their holdings in actively-managed funds, according to new numbers from Morningstar Direct. | Continue reading
Interactive Chart for Coinbase Global, Inc. (COIN), analyze all the data with a huge range of indicators. | Continue reading
Apple is eager to get its employees back in the office, but one top-level staff member isn’t on board. | Continue reading
Yahoo Finance Live anchors discuss the sell-off in stocks led by the tech giants. | Continue reading
A new Google Cloud team is building services for Web3 developers. | Continue reading
Google Search may feel like magic, but the engine’s efficacy relies on hourly employees who work for a subcontractor. | Continue reading
(Bloomberg) -- U.S. regulators added more than 80 companies, including JD.com Inc., Pinduoduo Inc. and Bilibili Inc., to an expanding list of firms that face possible expulsion from American exchanges because of Beijing’s refusal to allow access to the businesses’ financial audit … | Continue reading
(Bloomberg) -- MaxLinear Inc., a maker of chips for broadband communications, agreed to acquire Silicon Motion Technology Corp. in a cash-and-stock deal valuing the Taiwanese semiconductor firm at $3.8 billion.Most Read from BloombergU.S. Forgives $6.8 Billion in Public Service W … | Continue reading
Healthcare infrastructure company Capable Health announced today it has raised $6 million in seed funding led by M13, with participation from AlleyCorp and Able Partners. The rapidly growing startup's industry-first software platform enables providers to launch and scale their ow … | Continue reading
Single-family rentals has been one of the hottest real estate asset classes over the past couple of years as home values and rent prices have soared. The largest owner of this asset class in the U.S. is Invitation Homes Inc. (NYSE: INVH), a real estate investment trust (REIT) wit … | Continue reading
(Bloomberg) -- Tesla Inc. wiped roughly $126 billion off its valuation Tuesday as the stock fell 12% on investors’ concern that Elon Musk may sell shares to complete his $44 billion takeover of Twitter Inc.Most Read from BloombergRussia to Cut Gas to Poland and Bulgaria, Making E … | Continue reading
Apple says privacy changes it implemented last year that stung Meta's ad business aren't helping its own ad platform. | Continue reading
Microsoft reported its Q3 earnings after the bell beating analysts estimates. | Continue reading
(Bloomberg) -- Bolt Financial Inc., the payments startup known for its founder’s inflammatory Twitter threads claiming Silicon Valley is run by “mob bosses,” is being sued by its most prominent customer.Most Read from BloombergElon Musk Lands Deal to Take Twitter Private for $44 … | Continue reading
(Bloomberg) -- Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk, making it harder for employees to make unauthorized changes, according to people familiar with the matter. Most Read from … | Continue reading
Elon Musk and Twitter have agree to a sale of the social networking site for $44 billion. | Continue reading
Chevy will release a Corvette EV, and a hybrid is coming as soon as 2023. | Continue reading
Well over a year after voters said yes to legal weed, New Jersey is finally about to start getting high on its own supply. State residents 21 and older can lawfully buy marijuana starting on Thursday, after a decade-long effort by advocates to legalize recreational use and end y … | Continue reading
Musk laid out his plan for the $46.5bn worth of loans that will allow him to finance the buyout offer made on 14 April. | Continue reading
A single mom who signed up for a $30,000 income-share agreement at a for-profit coding bootcamp has filed a lawsuit in California, alleging she entered the agreement under “false pretenses.” | Continue reading
(Bloomberg) -- Even for the world’s richest person, $43 billion is a steep price.Most Read from BloombergElon Musk Makes $43 Billion Unsolicited Bid to Take Twitter PrivateRussia’s Sunken Warship Dents Its Pride and CapabilitiesElon Musk Also Threatened to Buy My Company. Here’s … | Continue reading
Employees at more than 100 U.S.-based Amazon facilities have contacted Amazon Labor Union President Chris Smalls about unionizing their workplaces since a historic union victory at a warehouse on Staten Island a week ago, Smalls told Yahoo Finance on Friday. | Continue reading
Elon Musk and Tesla have millions of vocal fans on Twitter. Not all of them are real. Two researchers are trying to figure out who controls the bots. | Continue reading
Taking the Twitter board seat would have limited Musk to a maximum share of 14.9%. | Continue reading
(Bloomberg) -- In the days after the Ukraine war began, the ruble’s collapse was a potent symbol of Russia’s newfound financial isolation.Most Read from BloombergCanada to Ban Foreigners From Buying Homes as Prices SoarMocked as ‘Rubble’ by Biden, Russia’s Ruble Roars BackIf Stoc … | Continue reading
(Bloomberg) -- Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change after taking a seat on the social media company’s board.Most Read from BloombergU.S. Drones for Ukraine Will Include Latest Tank KillersA 30-Y … | Continue reading
The new models have a built-in halo ring interface, a phone charger and across-the-board upgrades. | Continue reading
This week, MoonPay announced a new partnership with OpenSea which will remove the need for NFT buyers to purchase crypto to make payment. | Continue reading
“In a situation where time is of the essence and every second matters, Web3 allows us to raise and distribute funds in an extremely efficient and transparent way" | Continue reading
U.S. authorities are investigating whether an options trade in Activision Blizzard Inc violated insider-trading laws as it followed a meeting between CEO Bobby Kotick and one of the traders, the Wall Street Journal reported on Thursday. The options trade was arranged days before … | Continue reading
45% of younger workers don’t see the point of saving for retirement, according to a recent Fidelity survey. | Continue reading
(Bloomberg) -- MicroStrategy Inc., the software company controlled by entrepreneur Michael Saylor that’s made investing in Bitcoin central to its corporate strategy, is borrowing against its digital-asset holdings for the first time to buy more of the cryptocurrency. Most Read fr … | Continue reading
Gamestonk Terminal Renamed OpenBB Terminal to Reflect Big Aspirations After $8.5M Seed Investment Round OpenBB logo OpenBB logo DELAWARE CITY, Del., March 29, 2022 (GLOBE NEWSWIRE) -- Following the success of their open source project, Gamestonk Terminal, the founding team compos … | Continue reading
Cainiao Network, ("Cainiao"), the logistics arm of Alibaba Group, has announced the development of the Cainiao Dong Nai Smart Logistics Park, its latest project located in Dong Nai Province, Vietnam. With a total land size of approximately 168,000 square meters, the Cainiao Dong … | Continue reading
The decision means Samsung is not restricted on its sales under Russian law, although the company said this month - in a move unrelated to the case - it would halt shipments of devices to Russia because of "geopolitical developments". Many foreign firms have halted business in R … | Continue reading
BRUSSELS (Reuters) -The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG), sources told Reuters, as the European bloc seeks to quickly curb its reliance on Russian fossil fuels. The invasion of Ukraine … | Continue reading