Tesla’s Elon Musk poked fun at short sellers as his electric car maker’s stock surged to a record, vaulting its market value past century-old rival Ford. “Stormy weather in Shortville…” the CEO tweeted Monday, as Tesla
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Tesla set a record for deliveries and production in the first quarter, beating analysts’ estimates as CEO Elon Musk prepares to begin building the Model 3 in July. The maker of electric cars and energy-storage devices
Elon Musk is planning a first test run late this (northern hemisphere) summer with what his SpaceX bills as the most powerful rocket in the world, a step toward sending two paying tourists around the moon late next year.
Huawei Technologies’ earnings grew at their slowest pace in five years, as China’s biggest maker of telecommunications gear sank money into research and a marketing blitz to gain ground on Apple and Samsung in
Elon Musk’s SpaceX flew a reused rocket to space and back again, a key milestone to reducing launch costs and one day enabling people to live on other planets. A SpaceX Falcon 9 rocket rumbled aloft, deposited a customer’s
Ford has agreed to hire 400 employees from BlackBerry to help develop wireless technology at the car maker, deepening an ongoing partnership between the two companies involving in-car connectivity. The shift doubles
Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second richest person. Bezos, 53, added US$1,5bn to his fortune as Amazon.com rose US$18,32 on Wednesday, the day after the
WeChat, China’s most popular social media and messaging service, has launched a new bid in Europe and the US to develop its payments offering and win new advertisers. Owned by Tencent Holdings, in which South Africa’s
UK home secretary Amber Rudd said Facebook’s WhatsApp messaging system should open its encryption to security services and urged online companies to be more aggressive in shutting down sites exploited by terrorists. After newspapers disclosed
Uber Technologies is suspending its self-driving car programme after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from