Tesla Scraps Plans for Low-Cost Model Amid Competition in China
A Tesla founder and former chief executive said on Tuesday it was a “shame” to hear that the automaker was…
Oil holds near five-month high as traders focus on Middle East
Oil traded near a five-month high as investors weighed simmering tensions in the Middle East and persistent supply concerns. Brent…
Toyota tightens oversight over scandal-hit small car unit Daihatsu
Japan’s Daihatsu Motor said on Monday it will streamline the way it reports on development and certification to its parent…
Alibaba Slashes Cloud Prices Globally as AI Demand Quickens
Alibaba Group Holding Ltd. is cutting prices for cloud customers outside of China by as much as 59%, mirroring deep…
Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
Google is suing a group of alleged scammers who are said to have uploaded fraudulent apps to Google Play. Victims…
Meta Platforms Stock Has 15% Upside
Facebook and Instagram owner Meta Platforms (NASDAQ: META) is no stranger to strong advertising growth and that is helping fuel…
Apple High-Yield Savings Account Rate Drops To 4.40% APY
The rate of return has dropped slightly on the high-yield savings account available to Apple Card users. The new annual…
Amazon Slashes $1.3B in Expenses, Deals Blow to Office Market
Amazon (NASDAQ:AMZN) is reportedly looking to reduce its office vacancies and save $1.3 billion in the process by letting leases…
Ford sales surge 6.8% powered by hybrids and EVs
Like other legacy automakers this week, Ford (F) is the latest to report strong first quarter sales. Ford said Q1…
Scathing federal report rips Microsoft for shoddy security, insincerity in response to Chinese hack
In a scathing indictment of Microsoft corporate security and transparency, a Biden administration-appointed review board issued a report Tuesday saying…