Check out the companies making headlines after the bell on Tuesday: Shares of Time Warner surged more than 4 percent in extended trading, after a federal judge approved a proposed takeover by AT&T. U.S. District Court Judge Richard Leon imposed no conditions on the $85.4 billion deal, which the U.S. Department of Justice sued to […]
Read moreGoogle searches for bitcoin have plummeted 75 percent this year, leading some to worry investors are losing interest in the buzzy cryptocurrency. Not bitcoin expert Brian Kelly. “It’s probably good that we’ve got some of the speculative froth out of here but there’s still more Google searches than Beyonce in bitcoin,” said Kelly, founder and […]
Read moreTesla is ditching Home Depot as a sales partner for its residential clean energy products, CEO Elon Musk revealed in an e-mail to his employees on Tuesday. The move is part of a broader restructuring of the company which also entails layoffs of about 9 percent of the Tesla workforce, not including hourly production associates […]
Read moreFor bitcoin traders, key times to buy or sell often come at the least opportune time to be behind a computer monitor: Saturday night. Some of the digital currency’s steepest price swings have happened over a weekend. Bitcoin hit its all-time high near $20,000 on a Saturday in December, and dove to a recent two-month […]
Read moreThe pound rose on Tuesday after British Prime Minister Theresa May saw off a rebellion in parliament over amendments to a bill for the country’s exit from the EU next year that had threatened to undermine her authority. May had faced a showdown with lawmakers who wanted the power to force her government to go […]
Read moreAn 18th century Chinese vase found in a shoebox in an attic in France sold for 16.2 million euros ($19 million) at auction in Paris on Tuesday. The price was more than 20 times the estimate of 500,000 euros to 700,000 euros auctioneers Sotheby’s had put on the item. It was the highest price reached […]
Read moreTesla told employees it will cut about 9 percent of its workforce, trimming mostly salaried positions. Since the start of the year, Tesla has added roughly 8,000 jobs and currently employs approximately 46,000 workers. Through this reorganization, it will shed about 4,100 jobs. In mid-May, Tesla CEO Elon Musk had warned the company was undertaking […]
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Apple has a new feature coming to iPhones and iPads this fall called Screen Time. It shows you how long you spend inside each app and will give you more control over how long you’re using specific apps. It might be one way to help cut down on phone addiction. Here’s a first look at […]
Read moreCongress is right to focus on developing a national policy to promote the safe deployment of autonomous vehicles (AVs). However, the current versions of legislation passed by the U.S. House of Representatives (H.R. 3388, the SELF DRIVE Act) and pending in the U.S. Senate (S.1885, the AV START Act) will not achieve this goal. In […]
Read moreOculus founder Palmer Luckey says his time at Facebook taught him to “be careful who you trust,” in a new feature Wired published Monday. The virtual reality executive left Facebook in March 2017 after a tumultuous tenure at the social media giant. Facebook bought Oculus, which develops virtual reality technology, for $2 billion in 2014. […]
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