June 16 (Reuters) – A federal court in Louisiana on Friday dismissed Tesla Inc’s (TSLA.O) complaint against a state restriction on direct car sales, according to a ruling. Last year, Tesla filed a lawsuit to challenge Louisiana’s refusal to allow the company to sell vehicles directly to consumers, calling the U.S. state’s move protectionist and… Continue reading Tesla loses bid to overturn Louisiana’s ban on direct car sales
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Legalcategory
– Reed Smith said that it is laying off less than 2% of its workforce, including attorneys and staff. – Freshfields hired antitrust parnters Heather Lamberg and Justina Sessions from rival firms. – Crowell & Moring is moving its downtown Washington, D.C., headquarters to a new, smaller office after 35 years of working in the… Continue reading Legalcategory
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June 16 (Reuters) – Twitter plans to focus on video, creator and commerce partnerships to revitalize the social media company’s business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino that was reviewed by Reuters. Yaccarino, who started as CEO on June 5, told Twitter investors… 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
Legalcategory
– Reed Smith said that it is laying off less than 2% of its workforce, including attorneys and staff. – Freshfields hired antitrust parnters Heather Lamberg and Justina Sessions from rival firms. – Crowell & Moring is moving its downtown Washington, D.C., headquarters to a new, smaller office after 35 years of working in the… Continue reading Legalcategory
Musk: Tesla’s value is based primarily on vehicle autonomy
PARIS, June 16 (Reuters) – Tesla’s (TSLA.O) market value is essentially based on vehicle ‘autonomy’, said Tesla CEO Elon Musk on Friday, and Musk added that he “did not expect that Tesla would be at this level” regarding the company’s stock market value. “The value of the company is primarily on the basis of autonomy,”… Continue reading Musk: Tesla’s value is based primarily on vehicle autonomy
Inside the race to remake lithium extraction for EV batteries
LAKE CHARLES, Louisiana, June 16 (Reuters) – The global battle to reshape the lithium industry is sucking in oil producers, tech startups and entrenched mining giants, each jockeying to be the first to reinvent how a metal key to the green energy transition is produced. A fleet of direct lithium extraction (DLE) technologies are on… Continue reading Inside the race to remake lithium extraction for EV batteries
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[1/2] Microsoft Corp co-founder Bill Gates delivers his speech at the National Assembly in Seoul, South Korea, August 16, 2022. REUTERS/Kim Hong-Ji/Pool/File Photo HONG KONG, June 16 (Reuters) – Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and said he welcomed U.S. firms including Microsoft bringing their… 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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Companies Law Firms June 16 (Reuters) – Alphabet’s Google (GOOGL.O) on Friday sued a Los Angeles man and his companies in San Jose, California federal court, claiming he created hundreds of fake business listings on its platforms and sold them to real businesses to lure in unsuspecting customers. Fake reviews have been a recurring problem… Continue reading Untitled