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Technology News


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.

Recent Technology News

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.

Nov 17 2017

Fork talk lifts bitcoin to all-time high near $8,000

LONDON Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.

Nov 17 2017

Brazil speaker wants city rules for Uber, other car-hailing apps

BRASILIA The head of Brazil's lower house of Congress said on Friday he hopes that the chamber will approve the Senate version of a bill regulating ride-hailing apps such as Uber Technologies Inc [UBER.UL].

Nov 17 2017

Canadian grocery chain Loblaw says has ordered 25 Tesla electric trucks

TORONTO Canadian grocery chain Loblaw Cos has placed an order for 25 of Tesla Inc's new electric heavy duty trucks, a Loblaw spokeswoman said in a statement sent by email.

Nov 17 2017

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.

Nov 17 2017