Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.
Facebook Inc on Wednesday blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.
A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet in underserved areas said on Wednesday it was investing $125 million in an Alphabet Inc spinoff working on the same problem.
Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business.
AT&T Inc's first-quarter revenue fell short of Wall Street estimates on Wednesday after it lost subscribers in nearly all of its main businesses except wireless, where it paid heavily to gain customers through price promotions.
Hollywood has a new suitor in Silicon Valley.
Slack Technologies Inc is expected to reveal its filing for a direct listing on the stock market as soon as this week, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Britain will allow Huawei Technologies a restricted role in building parts of its 5G network, seeking a middle way in a bitter dispute between the United States and China over the next generation of communications technology.
Tesla Inc Chief Executive Officer Elon Musk said on Wednesday he was considering building a factory in Germany, responding to a user's suggestion on Twitter.
Britain's plan to allow Chinese telecom giant Huawei Technologies a restricted role in its next generation mobile networks is part of a heated international debate over the security risks so-called 5G technology presents.