Summary Companies Discounts, incentives help revenue growth Margins likely to suffer in bid to boost sales Charging partnerships power shares higher July 17 (Reuters) – Tesla’s (TSLA.O) strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in… Continue reading Untitled
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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LONDON, July 17 (Reuters) – The United Nations Security Council will hold its first formal discussion on artificial intelligence (AI) this week in New York, with Britain to call for an international dialogue about its impact on global peace and security. Governments around the world are considering how to mitigate the dangers of emerging AI… Continue reading Untitled
Tesla builds first Cybertruck after two years of delays
July 15 (Reuters) – Tesla (TSLA.O) built its first Cybertruck at the electric-vehicle marker’s plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon Musk introduced the pickup truck in a 2019 reveal where the vehicle’s designer cracked the vehicle’s supposedly unbreakable “armor glass” windows.… Continue reading Tesla builds first Cybertruck after two years of delays
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July 15 (Reuters) – Elon Musk said Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load. “Need to reach positive cash flow before we have the luxury of anything else,” Musk said in a tweet early on Saturday. After Musk acquired Twitter in October, the… Continue reading Untitled
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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[1/2]The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann/File Photo July 14 (Reuters) – The chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) are planning to visit Washington next week to discuss China… Continue reading article with gallery
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
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July 14 (Reuters) – A U.S. appeals court on Friday rejected the Federal Trade Commission’s request that it order Microsoft (MSFT.O) to temporarily hold off on closing its $69 billion purchase of “Call of Duty” maker Activision Blizzard (ATVI.O). The appeals court decision removes one of the few remaining hurdles stopping Xbox maker Microsoft from… Continue reading Untitled
Legalcategory
– More law firm mergers were completed in the first half of 2023 than in the same period in 2022 and 2021, according to legal consultancy Fairfax Associates. – Law firm Womble absorbed two small firms in California and now has a total of 60 attorneys working in the state. – Clark… Continue reading Legalcategory