Elon Musk says deleted his Tesla titles
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk took to Twitter on Monday, saying he deleted his Tesla titles last week to see what would happen, without giving…
Alphabet misses Wall Street revenue estimates; shares fall
(Reuters) – Google parent Alphabet Inc (GOOGL.O) on Thursday missed analysts’ quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating…
Verizon beats Wall Street estimates, shares hit 18-year high
(Reuters) – Verizon Communications Inc (VZ.N) reported quarterly profit and net new phone subscribers well ahead of Wall Street estimates on Tuesday, as customers took advantage of its subsidies for…
Netflix adds to growing debt pile with $2 billion bond issue
(Reuters) – Netflix Inc (NFLX.O) announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer…
Exclusive: CrowdStrike hires Goldman Sachs to lead IPO – sources
(This October 19 story corrects penultimate paragraph to show that Tenable shares have gained, not declined, since the company’s IPO) George Kurtz, CEO and co-founder of CrowdStrike, speaks at the…
Google to charge Android partners up to $40 per device for apps: source
(This Oct. 19 story has been refiled to fix wording in fourth paragraph) A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration…
Vivendi reaffirms support for TIM CEO, decries ‘rumor campaign’
PARIS/MILAN (Reuters) – Top shareholder Vivendi (VIV.PA) reaffirmed its support for Telecom Italia’s (TIM) (TLIT.MI) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to…
Facebook, responding to lawsuit, says sex trafficking banned on site
(Reuters) – Facebook said on Wednesday in response to a lawsuit accusing it of not doing enough to protect users from human traffickers that it works internally and externally to…
Honda to invest $2.75 billion in GM’s Cruise self-driving unit
WARREN, Mich (Reuters) – Honda Motor Co Ltd (7267.T) will invest $2.75 billion in General Motors Co’s (GM.N) Cruise Automation, the second outside multibillion-dollar commitment to the self-driving vehicle unit…
Alibaba’s Jack Ma to unveil succession plan next week, remain chairman
BEIJING (Reuters) – Alibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new…