Business

Uber posts 4Q profit as ride-hailing service bounces back

Uber's ride-hailing service edged closer to returning to its pre-pandemic levels during the final three months of last year, but its prospects remain clouded by the future direction of the novel coronavirus that has plagued ...

Business

Tesla shares fall after Musk's 'soap opera' Twitter poll

Tesla's share price plunged Monday in the latest controversy sparked by CEO Elon Musk, who was facing criticism for letting his Twitter followers decide whether he should sell billions in company stock.

Automotive

Electric vehicle charging company to build Tennessee factory

An Australian electric vehicle charging company will establish its first U.S. manufacturing facility in Tennessee, an announcement that President Joe Biden on Tuesday hailed as being a result of the federal government's effort ...

Business

Apple pinched by pandemic; profit, iPhone sales decline

Apple's profit dipped slightly while revenues rose in the January-March quarter, reflecting early fallout from a coronavirus pandemic that shut down its factories and then forced hundreds of Apple retail stores to close.

Business

Netflix to rely on Microsoft for its ad-backed video service

Netflix has picked Microsoft to help deliver the commercials in a cheaper version of its video streaming service expected to launch later this year with a pledge to minimize the intrusions into personal privacy that often ...

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 ...

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