Business

Inflation wave extends to e-commerce: Adobe

After years of reliably falling prices, e-commerce goods are becoming more costly amid the upheaval of the COVID-19 pandemic, said a report released Thursday by Adobe.

Business

JP Morgan sues Tesla for $162 mn over share warrants

JP Morgan Chase has sued Tesla for $162 million over a stock warrants contract, accusing the company of "flagrantly" ignoring its obligation to pay the investment bank after the electric carmaker's shares soared.

Business

Musk: I'll sell 10% of Tesla stock based on Twitter poll

Tesla shares closed Monday down nearly 5% after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker—more than $20 billion worth by most calculations—based on the results of a poll he conducted ...

Consumer & Gadgets

Google, Indian billionaire launch budget smartphone

Online giant Google and Asia's richest man Mukesh Ambani opened advance orders in India on Monday for an entry-level smartphone billed as the world's most affordable, joining the race to tap into the booming budget market.

Business

Musk sells more shares than he needs to pay current tax bill

Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he's either converting part of his fortune from stock to cash, or he's saving for bigger tax bills that will come due next ...

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