Tesla subpoenaed by SEC over Model 3 production forecasts –
Tesla said Friday in a regulatory filing that the U.S. Securities and Exchange Commission and Department of Justice are investigating projections made last year about Model 3 production rates. The SEC has issued subpoenas for information related to Model 3 production estimates. The DOJ, which is ru…
Uber Will Ban Belligerent Riders
Uber Technologies (UBER) has warned misbehaving riders that they will be banned from the service. The ride-hailing service announced that riders with low ratings could soon be banned from using the service.
IBM Partnership Uses Blockchain, IoT to Combat Drought in California
A major new collaborative IBM project using blockchain and IoT tech to tackle drought is underway in the U.S. state of California.
Dana Launches Spicer® TE50 Powershift Transmission for Large Underground Mining, Construction...
MUNICH, Jan. 30, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the development of the Spicer® TE50 powershift transmission, which
Tesla CEO Musk says to break ground on Shanghai Gigafactory today...
Tesla Inc on Monday will break ground for its Shanghai Gigafactory where it will begin making Model 3 electric vehicles (EV) by year-end, Chief Executive Elon Musk tweeted https://twitter.com/elonmusk/status/1082103637990625281 ahead of the formal start of construction of the firm's first Chinese plant.
Week In Wearables: New Apple Watch Series 4 Hinted, Apple AirPower...
This week saw more indications of delays for Apple’s much-anticipated charging mat, hints about a new Apple watch or three and Bose gets into sleep tech. All part of the week in wearable news.
IBM To Buy Red Hat In $34 Bln Deal
International Business Machines Corp. (IBM) said that it agreed to acquire all of the issued and outstanding common shares of Red Hat (RHT), a provider of open source cloud software, for $190.
Teledyne to Acquire Scientific Imaging Businesses of Roper Technologies | Business...
Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) and Roper Technologies, Inc. (NYSE:ROP) (“Roper”) jointly announced today that they have en
Uber Prices IPO At $44 To $50, Seeks To Raise Up...
Ride-hailing company Uber Technologies, Inc. (UBER) Friday said it plans to start marketing its initial public offering at a price range of about $44 to $50 a share.
Western Union and China’s JD Digits Join Forces for Global Digital...
Western Union (NYSE: WU), and JD Digits China with 400M individual customers join forces to advance digital cross-border money movement and payments.