Musk Sells $6.9 Billion in Tesla Shares, Citing Threat of Pressured Twitter Deal

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song Register now for FREE unlimited access to Register Aug. 10 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk sold $6.9 billion worth of shares in the electric car maker, saying the funds could be … Read more

Nasdaq closes decrease as chipmaker Micron’s warning renews know-how

Micron falls on lowered revenue forecast Semiconductor shares fall for third session Novavax falls after halving revenue outlook NEW YORK, Aug 9 (Reuters) – Nasdaq closed lower on Tuesday after a gloomy forecast from Micron Technology dragged down chipmakers and tech stocks as investors await U.S. inflation data that could prompt the Federal Reserve to … Read more

Micron’s warning of weak demand rattles chip shares

Micron Technology’s solid-state drive for data center customers is unveiled at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis/File Photo Register now for FREE unlimited access to Register Aug 9 (Reuters) – Micron Technology (MU.O) cut its revenue forecast for the current quarter on Tuesday and warned of negative … Read more

AppLovin is providing to purchase software program maker Unity for $17.5 billion

People play “Pokemon GO” on the Pokequan GoBoat Adventure Cruise in the Occoquan River in the small town of Occoquan, Virginia, U.S. August 14, 2016. REUTERS/Sait Serkan Gurbuz Register now for FREE unlimited access to Register Aug 9 (Reuters) – Gaming software company AppLovin Corp (APP.O) on Tuesday made an offer to buy peer … Read more

Tesla’s gross sales of Chinese language-made vehicles fall in July resulting from manufacturing unit line upgrades

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Register SHANGHAI, Aug 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier as a planned … Read more

Google backs up after brief outages – Down detector

Broken Ethernet cable is seen in front of the Google logo in this illustration taken March 11, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Register August 8 (Reuters) – Alphabet Inc (GOOGL.O) Google services appeared to be back after facing a brief global outage on Monday, according to outage tracking website … Read more

US OKs first Boeing 787 Dreamliner supply since ’21 sources

Boeing’s logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Register WASHINGTON, Aug 8 (Reuters) – The U.S. government on Monday approved the first Boeing (PROHIBIT) 787 Dreamliner for delivery starting in 2021, paving … Read more

With money, Pfizer buys World Blood Therapeutics for $5.4 billion

Aug 8 (Reuters) – Pfizer Inc agreed on Monday to pay $5.4 billion in cash for sickle cell disease drugmaker Global Blood Therapeutics (GBT.O)as it looks to benefit from a boost in revenue from its COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, representing a 7.3% premium to its Friday closing price … Read more

Indonesia says Tesla strikes $5 billion deal to purchase nickel merchandise – media

Tesla cars are seen parked at the construction site of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 20, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Register JAKARTA, Aug 8 (Reuters) – US carmaker Tesla (TSLA.O) has signed contracts worth about $5 billion to buy materials for its … Read more

Tata Motors buys Ford India manufacturing facility for $91 million

Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013. REUTERS/Vivek Prakash Register now for FREE unlimited access to Register Aug 8 (Reuters) – Tata Motors Ltd (TAMO.NS) signed an agreement on Sunday to buy Ford Motor’s manufacturing facility in the western state of Gujarat … Read more