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Share to FacebookShare to TwitterShare to LinkedinTopline Texas Attorney General Ken Paxton (R) filed a lawsuit Monday against Facebook parent company Meta Platforms, seeking hundreds of billions of dollars in penalties over Facebook’s previous use of facial recognition technology for allegedly violating state law on privacy protections. Texas Attorney General Ken Paxton (R) says Facebook…
Former New York Yankees baseball player Alex Rodriguez — better known as A-Rod — has been revealed to be part of a group of investors looking to buy over the lease to former President Donald Trump’s Washington DC hotel.Citing sources familiar with the matter, the Associated Press reported on Monday that Rodriguez, who Trump has…
Demand for electric vehicles is strong despite a still tiny market share. In addition to infrastructure, most EV manufacturers agree that whoever is able to produce quickly and sufficiently on a large scale has a good chance of entering consumer garages. In the United States, Tesla (TSLA) – Get Tesla Inc Report has taken a good…
Elon Musk is omnipresent on Twitter, where he does not hesitate to respond to his critics. But most often he communicates there about his two companies, Tesla (TSLA) – Get Tesla Inc Report and SpaceX. Sometimes he praises the latest product that sets or will set Tesla apart. Sometimes it’s to highlight the space prowess achieved…
© Reuters. FILE PHOTO: People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s central bank injected funds through medium-term loans into the financial system on Tuesday, while keeping the interest rate unchanged. The People’s Bank of China…
© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco By Md Manzer Hussain BENGALURU (Reuters) – The Philippine central bank will wait until the end of the year before raising interest rates from a…
Updated at 9:09 am EST St. Louis Federal Reserve President James Bullard doubled-down on his view that deeper near-term rate hikes are need to tame domestic price increases, telling CNBC Monday that inflation is ‘broadening and accelerating’ in the world’s biggest economy. Bullard, who last week said that the Fed needs to increase interest rates…
Updated at 9:06 am EST Tesla (TSLA) – Get Tesla Inc Report shares moved lower Monday after data from China showed a slowdown in monthly sales as supply-chain disruptions continue to trim capacity at its Shanghai gigafactory in the world’s biggest car market. The China Passenger Car Association (CPCA) said Tesla sold 59,845 China-made cars in…
Updated at 6:26 am EST Audioboom Group shares surged to a record high in London trading Monday amid reports that both Amazon (AMZN) – Get Amazon.com, Inc. Report and Spotify (SPOT) – Get Spotify Technology SA Report are preparing competing takeover bids for the U.K.-based podcasting group. Britain’s Sky News reported the pair’s interest in Audioboom, a…
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