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- Tesla's unfettered ambition will drain finances: analysts
Fri, 17 Nov 2017 17:18:52 -0500
(Reuters) - Tesla Inc may have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan, analysts said on Friday.
- Verizon close to announcing digital streaming deal with NFL: Bloomberg
Fri, 17 Nov 2017 20:30:25 -0500
(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar with the matter.
- China Citic, Baidu launch direct bank in fintech push
Fri, 17 Nov 2017 23:13:57 -0500
BEIJING (Reuters) - China Citic Bank Corp and search engine giant Baidu Inc launched on Saturday a direct banking joint venture, dubbed AiBank, to capitalize on China's rapidly growing fintech sector.
- Volkswagen accelerates push into electric cars with $40 billion spending plan
Fri, 17 Nov 2017 13:57:03 -0500
WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.
- Apple pushes launch of HomePod smart speaker to early 2018
Fri, 17 Nov 2017 14:59:33 -0500
SAN FRANCISCO (Reuters) - Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the market for such devices becomes increasingly competitive.
- Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources
Fri, 17 Nov 2017 10:49:15 -0500
TOKYO (Reuters) - Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.
- Fork talk lifts bitcoin to all-time high near $8,000
Fri, 17 Nov 2017 14:32:42 -0500
LONDON (Reuters) - Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.
- Brazil speaker wants city rules for Uber, other car-hailing apps
Fri, 17 Nov 2017 18:00:14 -0500
BRASILIA (Reuters) - The head of Brazil's lower house of Congress said on Friday he hopes that the chamber will approve the Senate version of a bill regulating ride-hailing apps such as Uber Technologies Inc [UBER.UL].
- Canadian grocery chain Loblaw says has ordered 25 Tesla electric trucks
Fri, 17 Nov 2017 15:30:35 -0500
TORONTO (Reuters) - Canadian grocery chain Loblaw Cos has placed an order for 25 of Tesla Inc's new electric heavy duty trucks, a Loblaw spokeswoman said in a statement sent by email.
- Wireless carriers on mute as Supreme Court hears big privacy case
Fri, 17 Nov 2017 07:12:35 -0500
WASHINGTON (Reuters) - The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance.