Twitter numbers paint grim profitability picture Twitter numbers paint grim profitability picture:- "We believe that only a radical overhaul of the (user interface) and value proposition could potentially grow its user base, but such a step would carry enormous risk in alienating core users," Mahaney said. Twitter's share price was battered, […]

Tesla pausing factory for Model 3 preparation this month Tesla pausing factory for Model 3 preparation this month:- Tesla Inc (TSLA.O) said on Wednesday it will shut down production at its California assembly plant for a week this month to prepare for production of its high-volume Model 3 sedan, moving […]

Apple Fans are Paying Up for That Big iPhone Apple Fans are Paying Up for That Big iPhone:- Big phones led to a big share of smartphone profits for Apple last quarter. Despite accounting for just 18% of smartphone unit sales in the last three months of the year, Apple […]

Volkswagen launches U.S. electric vehicle infrastructure unit Volkswagen launches U.S. electric vehicle infrastructure unit:- Volkswagen Group of America on Tuesday announced a U.S. subsidiary that will manage $2 billion in investments in zero emission vehicle (ZEV) infrastructure and awareness programs over a decade as part of a court settlement on […]

Quarter of U.S. tech workers perceive discrimination Quarter of U.S. tech workers perceive discrimination:- About a quarter of U.S. workers in the technology sector, which has faced criticism for a lack of diversity, said they felt discrimination at their workplace in a survey released on Tuesday by job site Indeed.com. […]