Elon Musk's job as Tesla Inc's chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission over his use of Twitter.
Jeff Bezos keeps Amazon voting power in divorce settlement
Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25 percent of those shares, the couple said on Thursday, removing uncertainty over control of the onlin...
By spying on Huawei, U.S. found evidence against the Chinese firm
U.S. authorities gathered information about Huawei Technologies Co Ltd through secret surveillance that they plan to use in a case accusing the Chinese telecom equipment maker of sanctions-busting and bank fraud, prosecutors said on Thursday.
Jeff Bezos to keep Amazon voting power after divorce
Amazon.com Inc founder and Chief Executive Officer Jeff Bezos will retain voting rights and 75 percent of a $143 billion stake in the company when he and MacKenzie Bezos divorce, they said on Thursday, removing uncertainty around what the split would mean for Amazon shares.
Bitcoin trading volume hits two-year low in March: report
Bitcoin's trading volume dropped to a two-year low in March, digital currency trading tool provider TradeBlock said in a report on Thursday, as investors remained spooked by increased regulatory scrutiny.
Facebook vows to block foreign ad-buying during Australia's election
Social media giant Facebook Inc said on Friday it would block electoral advertisements purchased outside Australia from being displayed there ahead of a national election due in May.
Elon Musk safe for now as U.S. judge urges Tesla CEO, SEC to resolve tweet dispute
Elon Musk's job as Tesla Inc's chief executive appeared safe on Thursday as a federal judge in Manhattan urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission.
Tesla's Elon Musk, SEC ordered by U.S. judge to try to settle
A federal judge on Thursday ordered the U.S. Securities and Exchange Commission and Elon Musk to meet over the next two weeks to try to resolve matters underlying the regulator's contempt motion against the Tesla Inc chief executive.
Jeff Bezos to keep Amazon voting power after divorce from MacKenzie
MacKenzie Bezos and Amazon.com Inc founder and Chief Executive Officer Jeff Bezos agreed in a divorce settlement that he would retain all voting rights and 75 percent of the ex-couple's $143 billion stake in the world's biggest online retailer.
U.S. conducted secret surveillance of China's Huawei, prosecutors say
U.S. authorities gathered information about Huawei Technologies Co Ltd through secret surveillance that they plan to use in a case accusing the Chinese telecom equipment maker of sanctions-busting and bank fraud, prosecutors said on Thursday.
Elon Musk, Tesla faulted by SEC as U.S. judge weighs billionaire's contempt case
A federal judge in Manhattan began considering on Thursday whether Tesla Inc Chief Executive Elon Musk should be held in contempt for violating a fraud agreement, the latest battle the government has waged over the billionaire's tweets.
Snap adds games to Snapchat app to hold on to young users
Snap Inc on Thursday launched a gaming platform within its Snapchat app featuring original and third-party games such as Zynga Inc's Tiny Royale, aiming to keep existing users engaged longer and attract new ones.
Tesla's contempt hearing against SEC starts with Elon Musk in court
A federal judge in Manhattan began considering on Thursday whether Tesla Inc Chief Executive Elon Musk should be held in contempt for violating a fraud agreement, the latest twist in a high-profile battle between the billionaire and the government.
Jeff Bezos' ex-wife cedes control of Amazon in divorce deal
MacKenzie Bezos, ex-wife of Amazon.com Inc founder and Chief Executive Officer Jeff Bezos, will give 75 percent of their stake in the company and all voting rights to the billionaire entrepreneur. MacKenzie Bezos will also relinquish all her interests in the Washington Post newspaper and rocket comp...
Tesla CEO Elon Musk at Manhattan court for contempt hearing: CNBC
Tesla Inc Chief Executive Elon Musk arrived at Manhattan federal court on Thursday, CNBC reported, for a hearing on whether he violated a fraud agreement and should be held in contempt, the latest twist in a high-profile battle between the billionaire and the government.
Amazon plans to launch over 3,000 satellites to offer broadband internet
Amazon.com Inc on Thursday confirmed its plan to build a network of over 3,000 satellites through "Project Kuiper" to provide high speed internet.
U.S. conducted secret surveillance of Huawei, prosecutors say
U.S. authorities gathered information about Huawei Technologies Co Ltd through secret surveillance they plan to use in their case charging the Chinese telecom company with violating sanctions against Iran, prosecutors said Thursday.
Amazon plans to launch satellites to offer broadband internet
Amazon.com Inc plans to build a network of over 3,000 satellites through a new initiative "Project Kuiper", an attempt by the e-commerce giant to provide internet access, according to multiple filings made with the International Telecommunication Union last month.
Tesla investors lose faith after first-quarter deliveries disappoint
A bigger-than-expected drop in Tesla Inc deliveries spooked stock and bond investors, worried about the electric-car maker's ability to make money as Chief Executive Elon Musk heads into another legal tussle with regulators on Thursday.
Bayer contains cyber attack it says bore Chinese hallmarks
German drugmaker Bayer has contained a cyber attack it believes was hatched in China, the company said, highlighting the risk of data theft and disruption faced by big business.
Pompeo urges France not to approve digital services tax
U.S. Secretary of State Mike Pompeo urged France in a meeting with his French counterpart Jean-Yves Le Drian on Thursday not to approve a digital services tax, saying it would hurt U.S. technology firms, the U.S. State Department said.
Pilot-less air taxi takes off in Vienna demonstration flight
As carmakers push ahead with self-driving vehicles, an Austrian aerospace company and its Chinese partner showed off their pilot-less "flying taxi" for the first time in Europe on Thursday.
Tesla shares skid after first-quarter deliveries disappoint
Tesla Inc shares fell more than 8 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S and X vehicles, added to worries about the electric carmaker's finances.
Tesla's junk bond slammed on car deliveries miss; CDS cost surges
The price for Tesla Inc's $1.8 billion junk bond fell by the most in seven months and the cost to insure its debt against default surged on Thursday after a bigger-than-expected drop in first-quarter deliveries.
Force tech giants to share data rather than break them up: academics
EU antitrust regulators should consider forcing tech giants such as Google and Amazon to share their data with rivals rather than break them up, three academics enlisted by the European Commission said on Thursday.
Israel's New Era Capital raises $60 million for tech fund
Israel-based New Era Capital Partners said on Thursday it raised $60 million for a fund that will invest in early-stage technology startups.
Bayer points finger at Chinese-based group after blocking cyber attack
Bayer, Germany's largest drugmaker, said it had contained a cyber attack on its computer networks it believes was hatched in China, highlighting the risk to big business of data theft and disruption.
Western Balkan countries agree to cut, then abolish roaming prices
The six Western Balkan countries agreed on Thursday to lower and ultimately abolish roaming costs for mobile telephony and internet users by 2021 to try to harmonize the regional telecoms market.
Norway offers to postpone 5G frequency payments to boost investment
Norway will offer telecoms operators to postpone payments for mobile phone frequencies, including 5G networks, in return for investment commitments, the government said on Thursday.
Tesla's Elon Musk to square off with SEC in court at contempt hearing
Lawyers for Tesla Inc Chief Executive Elon Musk will argue on Thursday that he did not violate a fraud settlement with the U.S. Securities and Exchange Commission and should not be held in contempt, the latest twist in a high-profile battle between the billionaire and the government.