Gallery

Oct 27 (Reuters) – Apple Inc (AAPL.O) on Thursday reported quarterly iPhone sales that fell short of Wall Street targets, adding to investor concerns about technology companies and sending shares down 1%, despite profit and revenue beats overall. Apple’s saving grace were Mac sales of $11.5 billion, far head of analyst estimates of $9.36 billion.… Continue reading Gallery

Legal

–  Dana Baiocco, former commissioner of the U.S. Consumer Product Safety Commission, joined Morgan, Lewis & Bockius as a partner in Philadelphia.   –  Akin Gump Strauss Hauer & Feld made its first hire in Boston with Tim Becker and Wells Miller as partners.  –  Mayer Brown is joining forces with 20-lawyer firm PK Wong &… Continue reading Legal

10 Obscure Carmakers That Build Insanely Cool Sports Cars – HotCars

So many of us dream we could own an exotic track car that turns heads for its shockingly good looks and lays down serious performance. You might also have a taste for something unique because you can’t look the same as your victims on the track and streets. The problem is these purpose-built machines from… Continue reading 10 Obscure Carmakers That Build Insanely Cool Sports Cars – HotCars

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Oct 27 (Reuters) – A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc (META.O) sank 20% after the Facebook parent’s costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set to lose about $67 billion in market value, if losses hold through… Continue reading Untitled

@niche: Morgan x Malle London create the ultimate adventure ready Super 3002275

Morgan is excited to reveal a special Super 3, created in collaboration with Malle London, this ultimate adventure ready Super 3 features several bespoke details designed and engineered in house by the Morgan special projects division. This Super 3 supported riders in the Great Malle Mountain Rally, taking on a challenging 1,500-mile route through the… Continue reading @niche: Morgan x Malle London create the ultimate adventure ready Super 3002275

Legal

–  Dana Baiocco, former commissioner of the U.S. Consumer Product Safety Commission, joined Morgan, Lewis & Bockius as a partner in Philadelphia.   –  Akin Gump Strauss Hauer & Feld made its first hire in Boston with Tim Becker and Wells Miller as partners.  –  Mayer Brown is joining forces with 20-lawyer firm PK Wong &… Continue reading Legal

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Oct 24 (Reuters) – Apple Inc’s (AAPL.O) earnings report on Thursday may show the best quarterly sales growth for iPhones this year but it could still foreshadow a difficult holiday period as China demand slows and inflation hits multi-decade highs. Analysts expect iPhone sales to rise 11% in the fiscal fourth quarter ended September, according… Continue reading Untitled

Elon Musk informs co-investors he plans to close Twitter deal by Friday: Source

Elon Musk Elon Musk has notified co-investors who committed to help fund his $44 billion acquisition of Twitter Inc that he plans to close his buyout of the social media firm by Friday, according to a person familiar with the matter. Equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others have received the… Continue reading Elon Musk informs co-investors he plans to close Twitter deal by Friday: Source

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Oct 25 (Reuters) – Elon Musk has pledged to close his $44 billion Twitter Inc (TWTR.N) deal by Friday in a video conference call with bankers who are helping fund the deal, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The banks have finished putting together the final credit agreement and… Continue reading Untitled

The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe

Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe