Musk sells Tesla shares worth $6.9 billion, cites possibility of forced deal on Twitter

Musk sells Tesla shares worth .9 billion, cites possibility of forced deal on Twitter

Tesla CEO Elon Musk attends the groundbreaking ceremony for the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds … Read more

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

Elon Musk sells 7.92 million Tesla shares worth .88 billion

NEW YORK, NEW YORK – MAY 02: Elon Musk attends the 2022 Met Gala celebrating ‘In America: An Anthology of Fashion’ at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue) Dimitrios Kambouris | Getty Images Entertainment | Getty Images Tesla CEO … Read more

Nasdaq closes lower as chipmaker Micron’s warning renews tech rout

Nasdaq closes lower as chipmaker Micron’s warning renews tech rout

Micron stumbles on lower revenue forecasts Semiconductor stocks drop for third session Novavax plummets after halving revenue NEW YORK, Aug 9 (Reuters) – The Nasdaq closed on Tuesday after a dismal forecast from Micron Technology dragged chipmakers and tech stocks lower as investors await inflation data in the United States that could lead the Federal … Read more

Coinbase (COIN) Q2 2022 Revenue

Coinbase (COIN) Q2 2022 Revenue

Shares of Coinbase fell in extended trading on Tuesday after the crypto exchange reported a loss of more than $1 billion in the second quarter and missed analysts’ estimates for revenue. Here’s how the company did it: Earnings: Loss of $4.98 per share, compared to a loss of $2.65 per share as expected by analysts, … Read more

Elon Musk cited this tool in his bot dispute with Twitter. Its creator has thoughts

Elon Musk cited this tool in his bot dispute with Twitter.  Its creator has thoughts

Musk, who originally said part of his plan to own Twitter was to “defeat spam bots”, more recently accused Twitter of lying about the number of bots on its platform, and argued that it should be able to withdraw from the agreement if Twitter will not necessarily provide the information to support its published estimates. … Read more

Ford raises price of all-electric F-150 Lightning due to shortages and inflation

Ford raises price of all-electric F-150 Lightning due to shortages and inflation

Ford Motor Co. will reopen its banks of orders this week exclusive to reservation holders for the all-electric F-150 Lightning pickup truck. With that trick comes slightly longer battery life and a higher sticker price for the 2023 model year. Citing “significant increases in material costs and other factors,” the automaker said in a statement … Read more

How to Play Netflix Games on iPhone, Android

How to Play Netflix Games on iPhone, Android

Image: digital sun Yes, Netflix has great games, but no one is playing them. According to a recent report, less than 1% of people who subscribe to the streaming service actually enjoy its free games. This stat is surely not helped by the process you have to follow to play, which, while not totally byzantine, … Read more

Dreaded ‘dip’ slashes billions from startup valuations

Dreaded ‘dip’ slashes billions from startup valuations

Aug 9 (Reuters) – Several high-flying startups are being brought down to earth as recent carnage in global stock markets and lackluster demand for new listings force companies to raise funds at a huge discount to their exorbitant valuations. Easy money from venture capital deals is quickly evaporating in an inflation-driven high interest rate environment … Read more

AppLovin offers to buy video game software maker Unity for $17.5 billion

AppLovin offers to buy video game software maker Unity for .5 billion

People play ‘Pokemon GO’ during the Pokequan GoBoat Adventure cruise on the Occoquan River in the small town of Occoquan, Virginia, U.S. August 14, 2016. REUTERS/Sait Serkan Gurbuz Join now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Games software company AppLovin Corp (APP.O) made an offer on Tuesday to buy peer … Read more

Most electric vehicles will not qualify for the federal tax credit

Most electric vehicles will not qualify for the federal tax credit

DETROIT (AP) — A tax credit of up to $7,500 could be used to cover the cost of an electric vehicle under the Cut Inflation Act that is currently heading toward final congressional approval . But the auto industry warns that the vast majority of electric vehicle purchases will not qualify for such a large … Read more