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Twitter Faces Up To $250M FTC Fine Over Allegedly Using Private Data For Targeted Advertising
Monday, August 3, 2020 - 11:01pm | 428Read More...Twitter Inc (NYSE: TWTR) revealed Monday the United States Federal Trade Commission could impose a fine of up to $250 million on the social media company for allegedly using private user information for targeted advertising. Twitter Violated User Privacy, Complaint Says The Jack Dorsey-...
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Survey Shows Engineering Students Want To Work For Elon Musk
Monday, August 3, 2020 - 12:45pm | 550Read More...Many Tesla Inc (NASDAQ: TSLA) investors look beyond the business’ near-term valuation and focus on the potential long-term advantages the company has over competitors. Morgan Stanley analyst Adam Jonas said a new survey suggests one of those major advantages will be access to top talent....
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Amazon To Invest $10B In A Constellation Of Broadband Satellites, Compete With Musk's SpaceX
Friday, July 31, 2020 - 5:30am | 419Read More...Amazon.com, Inc (NASDAQ: AMZN) said Thursday it was investing $10 billion to put in place a constellation of low earth orbit broadband satellites — under a plan dubbed “Project Kuiper.” What Happened The satellites would provide internet access to areas that are devoid of...
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Twitter Says 'Spear Phishing' Attack On Employees Led To Massive Breach Involving Elon Musk, Bill Gates
Friday, July 31, 2020 - 3:20am | 345Read More...Twitter Inc (NYSE: TWTR) said Thursday the attackers exploited its employees’ “human vulnerabilities” to conduct the infamous breach on the social media platform earlier this month. What Happened: The attackers used so-called "spear phishing"...
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Chinese Nio, Tesla Electric Vehicle Competitor Li Auto Raises $1.1B In US IPO
Thursday, July 30, 2020 - 5:39am | 495Read More...Li Auto Inc. has raised $1.1 billion in its initial public offering in the United States, Bloomberg reported. What Happened The Chinese electric vehicles maker sold 95 million American depositary shares priced at $11.50 each on Wednesday — above its previously indicated ...
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Musk Says Tesla Open To Licensing Software, Batteries, Autopilot
Wednesday, July 29, 2020 - 4:55pm | 321Read More...While most auto manufacturers struggle due to the COVID-19 pandemic, Tesla Inc (NASDAQ: TSLA) is beating delivery expectations and turning profits. CEO Elon Musk spoke to the extent Tesla will go to complete the company's goal of transitioning to sustainable energy in a tweet Tuesday night...
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Elon Musk Confirms Cybertruck Can Come in Multiple Colors
Wednesday, July 29, 2020 - 9:03am | 258Read More...As construction starts on the Tesla Inc (NASDAQ: TSLA) Gigafactory in Austin, Texas, Tesla fans are looking forward to receiving their Tesla Cybertruck. A new tweet from CEO Elon Musk confirms the truck's cold-rolled stainless steel can be given various colors with a simple heat...
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Tesla Willing To License Software, Supply Components To Rivals, Musk Reiterates
Wednesday, July 29, 2020 - 5:50am | 426Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday said the automaker was open to licensing software and supplying key components, such as powertrains and batteries to rivals in a bid to give a boost to sustainable energy. What Happened "Tesla is open to licensing software and supplying...
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Tesla Under Probe In South Korea For Supposed Issues With Autopilot, Other Braking, Steering Systems
Wednesday, July 29, 2020 - 4:03am | 316Read More...South Korean authorities have launched a safety probe into Tesla Inc.'s (NASDAQ: TSLA) vehicles, Reuters reported Wednesday. What Happened: The country's transport ministry said the investigation is related to the automaker's braking and steering systems, including the Autopilot...
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Tesla On A 'Hiring Spree' In China As It Readies For Model Y Production: Report
Monday, July 27, 2020 - 11:41pm | 355Read More...Tesla Inc (NASDAQ: TSLA) has launched a large recruitment drive in China as it prepares to manufacture the Model Y vehicle at its Shanghai factory, Reuters reported late Monday. What Happened The electric vehicle maker is hiring both designers and factory workers, according to job posts seen...
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Fintech Focus For July 27, 2020
Monday, July 27, 2020 - 10:26am | 2446Read More...Daily Perspective: God created war so that Americans would learn geography. - Mark Twain Fintech Movers: Startups can fail for lots of reasons, but Silicon Valley usually says it is “product-market fit.” “Lean startup” culture has taught entrepreneurs to prioritize testing...
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Rivian To Start Delivering All-Electric Pickup By Summer Next Year: Report
Monday, July 27, 2020 - 4:38am | 363Read More...Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian will begin deliveries of its all-electric pickup truck and SUV by sumer next year, the electric vehicle maker said in an email on Saturday, as reported by TechCrunch. What Happened Rivian had previously said in May that its delivery schedule had...
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Electric Vehicles In UK To Exceed 30M By 2040, National Grid Predicts
Monday, July 27, 2020 - 12:24am | 338Read More...The United Kingdom is set to double the number of electric vehicles to 30 million over the next two decades due to green governmental policies, according to National Grid plc’s (NYSE: NGG) Electricity System Operator unit. What Happened The National Grid unit in a report published ...
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Trump, Musk Exchange Thank Yous For Tesla's Texas Gigafactory
Friday, July 24, 2020 - 11:13am | 440Read More...President Donald Trump praised Tesla Inc (NASDAQ: TSLA) CEO Elon Musk for building his next Gigafactory in Austin, Texas, and taking credit for the idea. In an investor call on Wednesday evening, Musk announced Tesla's second car production facility will be built in Texas. On Thursday, Trump...
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YouTube Urges Court To Quash Cryptocurrency Scam Lawsuit, Citing Social Media Immunity
Friday, July 24, 2020 - 2:19am | 465Read More...Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) video streaming service YouTube filed a motion this week to dismiss a lawsuit brought on by blockchain startup Ripple and its CEO Brad Garlinghouse, the Block reported. What Happened The San Francisco-based startup and Garlinghouse had sued...
