Tesla to raise about $1.15 billion in stock, notes Tesla to raise about $1.15 billion in stock, notes:- Tesla Inc (TSLA.O) said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker enters pre-production […]
Technology
Technology
Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand:- Wednesday's indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc (YHOO.O) provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between […]
Intel bets on selling Mobileye data, with maps a first test Intel bets on selling Mobileye data, with maps a first test:- To understand Intel's $15.3 billion proposed acquisition of Israel's Mobileye, imagine the data created and compiled by a self-driving car scanning the road and objects around it as […]
Euronet Worldwide trumps Ant Financial offer to buy MoneyGram Euronet Worldwide trumps Ant Financial offer to buy MoneyGram:- U.S. electronic payments company Euronet Worldwide Inc (EEFT.O) launched a $1 billion bid for rival MoneyGram International Inc (MGI.O) on Tuesday, arguing that its all-American deal would face less regulatory scrutiny than a lower […]
Toshiba shares slide as crisis deepens, fate of Westinghouse unclear Shares in Toshiba Corp tumbled on Wednesday after it said it would consider a sale of Westinghouse but did not offer any clarity on whether it would proceed with a Chapter 11 filing for the U.S. nuclear unit – a […]
Washington Post software deal a double win for Bezos Washington Post software deal a double win for Bezos:- Billionaire Jeff Bezos scored a double win this week as the Washington Post, the newspaper he bought in 2013, signed its biggest contract to date to sell web publishing tools mostly hosted […]
Intel banking on Mobileye deal for a drive in the right direction Intel banking on Mobileye deal for a drive in the right direction:- Intel Corp (INTC.O) has had a tough time squeezing value out of recent mega-deals, putting some pressure on the success of its proposed $15 billion acquisition […]
Millennial love for Snapchat extends to the stock Millennial love for Snapchat extends to the stock:- For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc (SNAP.N). The stock of Snapchat's parent company has been on a roller-coaster […]
Facebook bars developers from using data for surveillance Facebook bars developers from using data for surveillance:- Facebook Inc (FB.O) barred software developers on Monday from using the massive social network's data to create surveillance tools, closing off a process that had been exploited by U.S. police departments to track protesters […]
Toshiba asks for second third-quarter extension, expands Westinghouse probe Japan's Toshiba Corp said it has asked regulators to extend its Tuesday deadline for official third-quarter earnings for a month, as its expands a probe into problems at its U.S. nuclear unit Westinghouse. Requesting its second extension, the company said its […]
