Dec 16 (Reuters) – Elon Musk’s team has reached out to investors to raise new funds for his struggling social media platform Twitter, one of the investors said. Ross Gerber, president and…
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Foxconn unit to sell stake in Chinese chip firm Unigroup
TAIPEI, Dec 17 (Reuters) – Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese…
Elon Musk’s Twitter suspension of journalists draws global backlash
Dec 16 (Reuters) – Twitter’s unprecedented suspension of at least five journalists over claims they revealed the real-time location of owner Elon Musk drew swift backlash from government officials, advocacy groups and…
Breakingviews – Jeff Bezos is an unlikely personal finance guru
NEW YORK, Nov 15 (Reuters Breakingviews) – Jeff Bezos, the man who sells everything, is telling shoppers to stop buying everything. The Amazon.com (AMZN.O) founder warned consumers in an interview with CNN…
Electric vehicles confront the leap to the mass market
DETROIT, Dec 15 (Reuters) – The past year was sobering for investors who poured money into Tesla Inc (TSLA.O) and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk’s…
Microsoft targets internet expansion in Africa, longer-term cloud adoption
Dec 14 (Reuters) – Microsoft Corp (MSFT.O) aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider and setting the stage for…