Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Amazon collapsed Friday after the e-commerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down more than 30% below its record high and extending a slate of massive losses among formerly high-flying technology firms. What goes up: Shares…
Share to FacebookShare to TwitterShare to LinkedinTopline As he looks to finance his massive acquisition of social media company Twitter, Elon Musk sold another 5.2 million shares of Tesla for roughly $4.5 billion, bringing his total share sales this week to nearly 10 million, according to new filings with the Securities and Exchange Commission released…
Share to FacebookShare to TwitterShare to LinkedinTopline Former German tennis star Boris Becker—whose off-court troubles have overshadowed his athletic success—was sentenced Friday to two and a half years in prison after a U.K. court found he withheld hundreds of thousands of dollars in assets after declaring bankruptcy in 2017, according to multiple reports. Former tennis…
Ron Guerrier from HP, Linda Jojo from United Airlines and Lidia Fonseca from Pfizer. Illustration by Alexander Wells. Recognizing 50 top tech leaders who are redefining the CIO role and driving game-changing innovation. By Forbes CIO Network Editors Martin Giles, Jair Hilburn & Emmy Lucas Today’s outstanding CIOs know that mastering technology alone isn’t a…
Share to FacebookShare to TwitterShare to LinkedinTopline An executive for the American Civil Liberties Union testified Thursday in Amber Heard and Johnny Depp’s defamation trial that he believes Tesla CEO Elon Musk, who dated Heard, paid a portion of the $3.5 million the actress promised the organization—only $1.3 million of which was paid. Elon Musk,…
Share to FacebookShare to TwitterShare to Linkedin Newly built Tre BEV trucks awaiting shipment to customers from Nikola’s Coolidge, Arizona, plant. Nikola Inc. Nikola Inc., which aims to be a leader in battery- and hydrogen-powered heavy trucks, has begun production of electric semis at its new Arizona plant, getting to market at least a year…
Share to FacebookShare to TwitterShare to LinkedinTopline SpaceX successfully launched four astronauts towards the International Space Station early Wednesday in a mission that features one of the most diverse crews sent to space. A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft is launched on NASAs SpaceX … [+] Crew-4 mission to the…
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Share to FacebookShare to TwitterShare to LinkedinTopline Tesla billionaire Elon Musk railed against regulators Monday morning after a court filing unearthed dozens of text messages between him and a Saudi investor discussing a deal to take the electric carmaker private—fanning the flames of a four-year-old spat that forced Musk to step down as Tesla chairman…
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