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Tesla's unfettered ambition will drain finances: analysts

Tesla Inc may have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan, analysts said on Friday.

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Apple pushes launch of HomePod smart speaker to early 2018

SAN FRANCISCO Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the market for such devices becomes increasingly competitive.

2:59pm EST

Wireless carriers on mute as Supreme Court hears big privacy case

WASHINGTON The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance.

7:12am EST

Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars. | Video

1:57pm EST

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

TOKYO Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.

10:49am EST

Broadcom closes $5.5 billion Brocade deal

Broadcom Ltd said on Friday it closed its acquisition of network gear maker Brocade Communications Systems Inc, giving it a larger share of the data center products market.

10:13am EST

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