LATEST ARTICLES

'Crypto hangover' hammers Nvidia's outlook, shares drop 17 percent

(Reuters) - Chip designer Nvidia Corp (NVDA.O) on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips piling up with distributors and retailers after the...

Facebook defends Russia response, updates plan to curb misbehavior

SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) Chairman and Chief Executive Mark Zuckerberg on Thursday defended his response to Russian election meddling on the world’s largest social media network and...

Silicon eyed as way to boost electric car battery potential

(Reuters) - The race to build a better electric car battery is turning to silicon, with several companies working to engineer types of the material that can boost driving range...

Ford CEO open to investors in autonomous vehicles but cautious on VW

MIAMI (Reuters) - Ford Motor Co (F.N) Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned...

Tesla slashes prices on home solar systems to spur sales

(Reuters) - Tesla Inc (TSLA.O) has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined...

Nvidia forecasts revenue below estimates, shares slump 17 percent

(Reuters) - Chip designer Nvidia Corp missed third-quarter sales estimates and forecast current-quarter revenue below Wall Street expectations on Thursday, sending its shares down nearly 17 percent. FILE PHOTO: The...

Ex-Bosch engineers aim to strengthen self-driving car software

Undated handout image of an Apex.AI self-driving car. Apex.AI/Handout via REUTERSSAN FRANCISCO (Reuters) - A company formed by two longtime self-driving car engineers is seeking to make the open-source software...

SpaceX, TeleSat Canada bids get U.S. nod to expand satellite internet

WASHINGTON (Reuters - The U.S. Federal Communications Commission voted unanimously on Thursday to allow Tesla Inc (TSLA.O) Chief Executive Elon Musk’s Space X, Telesat Canada and two other companies...

Amazon to get billions in breaks for HQ2 development

(Reuters) - Amazon.com Inc (AMZN.O) said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of...

FCC OKs SpaceX, TeleSat Canada bids to expand satellite-based internet service

FILE PHOTO: Tesla and SpaceX CEO Elon Musk participates in a "fireside chat" at the National League of Cities (NLC) 2018 City Summit in Los Angeles, California, U.S. November 8,...