Musk found not liable in Tesla tweet trial
Jurors on Friday cleared Elon Musk of liability for investors' losses in a fraud trial over his 2018 tweets falsely claiming that he had funding in place to take Tesla private.
Feb 4, 2023
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Business
Page 2 - News tagged with state funding
Business
Crypto firm Binance endures wild weeks in wake of FTX collapse
Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world's biggest exchange for crypto assets.
Dec 22, 2022
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Business
US issues sanctions on a 2nd virtual currency mixing firm
The Treasury Department has imposed sanctions on virtual currency mixer Tornado Cash, which has allegedly helped to launder more than $7 billion worth of virtual currency since its creation in 2019.
Aug 8, 2022
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Business
Winner of $1.3 billion in broadband funds faces big hurdles
The big winner in a 2020 federal auction to build more broadband in rural America was a relatively small company started by a Minnesota entrepreneur. Since then, not much has gone right for the firm or the people waiting ...
Jul 13, 2022
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Telecom
Four states receive first allocations of $10B broadband fund
More than half a billion dollars in federal funding will be sent to four U.S. states to expand broadband access as part of a sweeping national effort to bring affordable service to rural and low-income Americans, the U.S. ...
Jun 7, 2022
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Energy & Green Tech
Environmentalists oppose more life for California nuke plant
Dozens of environmental and anti-nuclear organizations expressed opposition Tuesday to any attempt to extend the life of California's last operating nuclear power plant, challenging suggestions that its electricity is needed ...
May 17, 2022
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Automotive
Ford unveils venture with chip company to boost supply
Ford announced Thursday a "strategic collaboration" with chip company GlobalFoundries to bolster its supply of semiconductors as the automaker grapples with a global shortage of the crucial components.
Nov 18, 2021
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Business
Japan's Toshiba to split into three firms
Storied Japanese conglomerate Toshiba will split into three companies, it said Friday, following a campaign by investors to boost the firm's shares after a period of enormous upheaval.
Nov 9, 2021
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Business
Cybersecurity firm McAfee to be sold for more than $14 bn
US cybersecurity firm McAfee announced on Monday it will be sold to a group of investors for more than $14 billion, just over a year after going public.
Nov 8, 2021
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Business
Startup investment poised to break records in 2021, report says
Venture capital is continuing its surge in the Pacific Northwest, as startup investment across the United States is on track to shatter records, according to a new report released this week.
Jul 15, 2021
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