Edition:
United States

Arjun Panchadar

Tesla, Panasonic to seek productivity gains before new battery investments

Apr 12 2019

TOKYO/BENGALURU Panasonic Corp and Tesla Inc will continue to make new investments in the U.S. electric carmaker's Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said on Thursday.

Jeff Bezos keeps Amazon voting power in divorce settlement

Apr 05 2019

Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25 percent of those shares, the couple said on Thursday, removing uncertainty over control of the online retailer. | Video

CORRECTED-UPDATE 2-Jeff Bezos' ex-wife cedes control of Amazon in divorce deal

Apr 04 2019

April 4 MacKenzie Bezos, ex-wife of Amazon.com Inc founder and Chief Executive Officer Jeff Bezos, will give 75 percent of their stake in the company and all voting rights to the billionaire entrepreneur as part of their divorce settlement.

Top gamer 'Ninja' made $1 million to promote EA's 'Apex Legends' launch: source

Mar 13 2019

BENGALURU What are a few hours playing videogames and a handful of tweets worth? $1 million if you are Tyler Blevins, known to millions as "Ninja," the world's most-followed computer gamer. | Video

Box shares tumble 24 percent as forecast hit by slowing billings growth

Feb 27 2019

Cloud content management platform Box Inc's fourth-quarter revenue and current-quarter forecast missed Wall Street estimates, as the company was hurt by weaker-than-expected billings growth and sluggish customer additions, sending its shares down 24 percent.

Mattel warns of weak 2019, shares drop most in 20 years

Feb 15 2019

Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was slowing, triggering an 18 percent drop in its shares, their worst day in nearly two decades. | Video

Newer businesses drive Cisco's earnings beat; shares rise

Feb 13 2019

Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday, as it benefited from strength in its newer applications and security businesses, while shrugging of the impact of a U.S.-China trade war on its networking gear business.

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