Month: July 2018
Tesla’s ambitious plans for Model 3 and Gigafactory 3
Tesla (TSLA) achieved its production goal of 5,000 units a week for its Model 3 cars by the end of…
Uber axes self-driving vehicle operators in Pittsburgh and SF
Three months after a self-driving Uber car killed a 49-year-old woman during its testing operations in Arizona, the ride-hailing company…
For you, a thousand times over, Comcast tells Sky with a higher bid
Comcast Corporation (CMCSA) raised its offer for Sky plc (SKY) to $34 billion, beating 21st Century Fox’s (FOX) $32.5 billion-bid.…
Snowflake-Microsoft deal shows retailers prefer Azure over Amazon Web Services
With the reach of cloud services expanding to new markets rapidly, corporate computing is undergoing a revolution. The mass migration…
Alphabet’s Verily teams up with ResMed to tackle sleep apnea
The healthcare-based subsidiary of Alphabet (GOOGL), Verily, and medical equipment company ResMed (RMD) will join forces to form a JV…
ZTE gets help from US government to end export ban
The US Commerce Department signed an agreement with ZTE Corp. that will help ease the restrictions on the Chinese firm…
JD.com’s finance unit raised $2 billion in fresh equity
JD Finance — the financial arm that JD.com (JD) spun off last year — managed to raise $1.96 billion in…
Will Momo become next Alibaba?
If you like and own Alibaba Group (BABA) stock then the shares of the Chinese instant-messaging service Momo (MOMO) could…
Broadcom turns to software with odd $19-billion deal
Raising many an eyebrow, Broadcom (AVGO) announced that it would buy CA Technologies (CA) for $18.9 billion in cash. This…