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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.

Recent Technology News

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].

6:00pm EST

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.

3:30pm 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

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

Google buys plot near Apple's planned Danish data center

COPENHAGEN Alphabet Inc's Google said it has bought a plot of land in southern Denmark adjacent to a planned Apple Inc data center to make sure it has the option of building one there too.

10:52am EST