A Tesla electric car that “no one” appeared to be driving crashed late on Saturday in Texas in the US, erupting into flames and killing the two passengers, according to local authorities.
China’s Huawei is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome US restrictions that have devastated its smartphone business.
The rally in tech shares has taken the number of people with fortunes of more than $100-billion to eight.
Forbes’ annual world’s billionaires list includes a record-breaking 2 755 billionaires, with Amazon.com founder Jeff Bezos topping it for the fourth consecutive year.
Volkswagen of America’s purported name change to “Voltswagen” was an April Fool’s joke gone bad.
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German car maker is behind on electrification, its top executive said.
PayPal will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally.
The US car safety agency said on Wednesday it will send a team to investigate a crash involving a Tesla suspected of being in Autopilot mode when it struck a parked Michigan State Police patrol car.
It’s certainly not at the same scale as a Tesla or a MicroStrategy, but some privately held South African firms have started converting a portion of their cash holdings into cryptocurrencies like bitcoin.
Volkswagen’s boss, Herbert Diess, is realistic about the threat posed by software-savvy and richly valued rivals such as Tesla, but he’s adamant that VW can prevail. On current form, he may be right.