NEW YORK, Jan 13 (Reuters) – Elon Musk is set to become the rare CEO to fight a securities class action at trial next week, where he will defend his 2018 tweet announcing he had “funding secured” to take Tesla Inc (TSLA.O) private. Musk is essentially doubling down after suffering an initial setback last year,… Continue reading Untitled
Category: Uncategorized
Legalcategory
– U.S. Attorney John Lausch will leave his prosecutor role in Chicago in early 2023 for the private sector. Lausch was initially AG Garland’s pick to investigate whether President Joe Biden improperly handled sensitive government documents but he turned down the role. – Longtime Harvard Law professor Laurence Tribe joined litigation firm Kaplan Hecker… Continue reading Legalcategory
Untitled
WASHINGTON, Jan 13 (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Senegal, Zambia and South Africa during the next two weeks, as the United States aims to strengthen ties with a continent that has been the focus of Chinese trade and investment for years. Yellen, 76, is the first member of President Joe… Continue reading Untitled
Tesla: we are making Model Y, Model 3 more accessible to customers
BERLIN, Jan 13 (Reuters) – Tesla (TSLA.O) said on Friday that the electric vehicle maker, which cut prices of its Model Y and Model 3 vehicles in the U.S. and Europe overnight, was able to provide its cars at a more accessible price because cost inflation was normalising. “At the end of a turbulent year… Continue reading Tesla: we are making Model Y, Model 3 more accessible to customers
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
Gallery
HANOI, Jan 13 (Reuters) – Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company’s reliance on China and deepen its supply chain in Southeast Asia as part of… Continue reading Gallery
Gallery
By Julie Zhu, Kevin Huang and Xu Jing Jan 13 (Reuters) – Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told Reuters, in yet another signal that their two-year regulatory crackdown on the technology sector is ending. Didi has… Continue reading 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
Untitled
Jan 13 (Reuters) – Tesla (TSLA.O) has slashed prices on its top-selling electric vehicles for the U.S. market, the automaker’s website showed. The price cuts, announced late Thursday in U.S. time on the Model 3 and Model Y, ranged between 6% and 20% compared with the prices that held before the discount, according to a… Continue reading Untitled
Apple CEO Cook’s pay more dependent on stock performance in 2023, article with image
Jan 12 (Reuters) – Apple Inc (AAPL.O) Chief Executive Tim Cook’s pay package for the fiscal 2023 year is expected to be smaller than last year and depend more on how well the iPhone maker’s shares perform relative to market peers, regulatory filings showed. Cook’s compensation for the fiscal 2022 year ended September was $99.4… Continue reading Apple CEO Cook’s pay more dependent on stock performance in 2023, article with image