Apple just launched a free repair program for users with faulty keyboards on some MacBook and MacBook Pro computers. Some users have complained about those computers, specifically calling out how keys can get stuck or don’t register when tapped. Computers in the program include MacBook models built from 2015 to 2017, as well as MacBook […]
Read moreTesla is suing a former employee, Martin Tripp, for allegedly hacking into its MOS factory software, transferring several gigabytes of company data to outside entities and making false claims to reporters. Tripp disputed the charges. So what is this MOS (or TMOS) software that Tesla is talking about? Tesla declined to comment for this story. […]
Read moreThe space industry is valued at over $350 billion but Morgan Stanley is telling its clients to pay attention to a market that could grow very quickly, as the firm said it expects “significant development” from space ventures. “Some investors struggle to understand the investment significance of space,” Morgan Stanley analysts wrote in a note […]
Read moreManagement turnover at Intel will not negatively impact the company’s business momentum, according Credit Suisse. The firm reiterated its outperform rating for the chipmaker’s shares, predicting the company will generate strong earnings results next year. On Thursday Intel announced the resignation of its CEO Brian Krzanich for his infraction of the company’s non-fraternization policy. Krzanich […]
Read moreChinese smartphone maker Xiaomi awarded founder and CEO Lei Jun about $1.5 billion in stock, one of the biggest corporate paydays in history, The Wall Street Journal reported Friday. The company gave Lei the stock to “reward him for his contributions” ahead of its IPO, The Journal reported, citing a document filed this week. Xiaomi […]
Read moreTesla confirmed a Thursday night fire contained to a cardboard bailing machine at its Fremont, California, factory, where the Model 3 electric sedan is being built. It is the latest in a series of fires to break out at the facility. “Last night, the structure outside our factory that houses the cardboard and other wood […]
Read moreOne prominent Wall Street analyst is questioning how Tesla may be allocating its expenses across different businesses. Bernstein reiterated its market perform rating for Tesla shares, citing its concerns over the electric car maker’s declining profit margin in its “Services and Other” business segment. “Tesla reports revenues and gross margins each quarter for its ‘Automotive’ […]
Read moreThe U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a victory for digital privacy advocates and a setback for law enforcement authorities. In the 5-4 ruling, the court said police generally need a court-approved warrant to get access to […]
Read moreElectronic Arts shares will rise due to the success of its subscription gaming services, according to one Wall Street firm. Needham reiterated its buy rating for EA shares, saying its subscription business is already worth $3 billion to the company. “We believe that EA is building a Netflix for video games,” analyst Laura Martin said […]
Read moreThe sustainability practice of a large European asset management firm is banning investments in Facebook shares. Nordea’s head of group sustainable finance Sasja Beslik explained the decision on social media Thursday. “Nordea has decided to exclude Facebook from the Nordea Stars Funds’ investments,” he said in a tweet. The company’s Stars Funds invest in firms […]
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