Tesla solar installations slide 36 percent in first quarter

Tesla Inc on Wednesday reported a 36 percent slide in solar installations and said it had implemented a new selling strategy months after ending a partnership to sell the rooftop systems in busy Home Depot stores.

Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business.

Slack is expected to file listing prospectus this week: WSJ

Slack Technologies Inc is expected to reveal its filing for a direct listing on the stock market as soon as this week, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Tesla promises return to profit in third quarter after large loss, may raise more capital

Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after facing issues ramping up shipments outside the United States.

Tesla promises return to profit after first-half losses

Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cut costs and improved delivery after facing issues ramping up shipments outside the United States.

Facebook beats profit estimates, sets aside $3 billion for privacy penalty

Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal p...

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Microsoft gets a boost from Windows as cloud stays on track

Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by a surprise boost in Windows revenue and as growth in its cloud business stayed on track.

Twitter not amused by long wait for Tesla earnings

Twitter was ablaze on Wednesday with humorous commentary and speculation over why Tesla Inc's first-quarter earnings release was so late. As of 5:05 p.m. ET (2105 GMT), one hour after the market close, the results still had not been released.

Facebook revenue jumps as U.S. privacy penalty looms

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising sales, while also setting aside up to $5 billion to cover anticipated official U.S. privacy penalties.

Microsoft quarterly revenue beats estimates on cloud growth

Microsoft Corp beat Wall Street estimates for quarterly revenue on Wednesday, fueled by its Azure cloud computing unit and the continued shift to the subscription version of its Office software.

Tesla's Musk says considering building factory in Germany

Tesla Inc Chief Executive Officer Elon Musk said on Wednesday he was considering building a factory in Germany, responding to a user's suggestion on Twitter.

Chipmaker ASM beats first-quarter targets, sees market outperformance in 2019

Dutch semiconductor supplier ASM International on Wednesday reported first-quarter revenue of 249 million euros ($278.5 million) and an order intake of 235 million euros, both exceeding its own expectations.

Wirecard says all subsidiaries are audited, denying FT report

German digital payments company Wirecard on Wednesday said all its subsidiaries were subject to regular audits, denying a Financial Times report.

AT&T misses revenue estimates as pay-TV subscribers bleed away

AT&T Inc's first-quarter revenue fell short of Wall Street estimates on Wednesday after it lost subscribers in nearly all of its main businesses except wireless, where it paid heavily to gain customers through price promotions.

Ford Motor to put $500 million into electric vehicle startup Rivian

Ford Motor Co said on Wednesday it will invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in backing the potential rival to Silicon Valley's Tesla Inc.

Too early to say if Brazil's Cielo will meet profit target: CEO

Cielo SA Chief Executive Paulo Caffarelli said on Wednesday it was too early to determine if the Brazilian card processor would meet its annual profit target in 2019, as competition is still fierce, though he maintained that guidance.

Indian court moves to lift ban on Chinese video app TikTok

An Indian state court on Wednesday moved to lift a ban on popular video app TikTok in the country, two lawyers involved in the case said, in a boost for its developer Beijing Bytedance Technology Co.

Ford Motor puts $500 million into electric pickup producer Rivian

Ford Motor said on Wednesday it was investing $500 million in U.S. electric pickup truck startup Rivian Automotive LLC, becoming the latest deep pocket investor in the firm, which is seen as a potential rival to Silicon Valley's Tesla Inc .

Brazil's Cielo launches instant payments and sees prices still going down

The chief executive of Cielo SA said on Tuesday the Brazilian card processor will offer clients free card reader machines and instant payments, following recent moves by competitors such as PagSeguro Digital Ltd and Itaú Unibanco Holding SA's unit Rede.

Big brands dive into esports to court youth market: Nielsen

From snack companies to carmakers, a wide range of brands is trying to reach one of the hottest demographic groups around: esports fans.

U.S. compliance startup Chainalysis expands tracking service to 10 cryptocurrencies

New York-based startup Chainalysis said on Wednesday it has expanded its real-time transaction monitoring service to cover 10 cryptocurrencies as part of an initiative to help reduce global anti-money laundering activities.

AT&T misses revenue estimates as it bleeds pay-TV subscribers

AT&T Inc's quarterly revenue fell short of Wall Street estimates on Wednesday after it lost more than half a million pay-TV subscribers and its main wireless business reported lower-than-expected sales.

Explainer: Securing the 5G future - what's the issue?

Britain's plan to allow Chinese telecom giant Huawei Technologies a restricted role in its next generation mobile networks is part of a heated international debate over the security risks so-called 5G technology presents.

Tesla rival Rivian says Ford Motor invests $500 million in firm

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc.

SAP welcomes Elliott's $1.3 billion investment; shares hit high

U.S. activist investor Elliott revealed a 1.2 billion-euro ($1.3 billion) stake in SAP on Wednesday and said it supported a new management efficiency drive, sending shares in the German business software company to an all-time high.

Factbox: Activist investor Elliott's top European holdings

U.S. activist hedge fund Elliott Management announced on Wednesday that it had taken a 1.2 billion euro ($1.35 billion)stake in German technology company SAP . [nL5N2260MG]

AT&T misses revenue estimates as WarnerMedia, wireless unit disappoint

AT&T Inc missed Wall Street estimates for quarterly revenue on Wednesday, hit by lower-than-expected sales in its WarnerMedia unit as well as its wireless business, where it has cut prices to attract customers.

UK spy chief says 5G engineering risks more important than firm's country

The head of Britain's GCHQ spy agency said on Wednesday that the suitability of companies to supply equipment for the United Kingdom's 5G telecoms systems depended more on their security and engineering processes rather than where they were based.

Five Eyes will not use Huawei in sensitive networks: senior U.S. official

None of the Five Eyes intelligence sharing nations will use technology from Huawei in the "sensitive" parts of their telecoms networks, a senior U.S. official said on Wednesday.

Uber's Amit Jain to leave, co names new Asia-Pacific unit chief

Uber Technologies Inc said on Wednesday the head of its Asia-Pacific operations will leave the company at the end of next month, and will be replaced by Pierre-Dimitri Gore-Coty.