Tesla reported earnings after the bell, and the results sent the stock up slightly after hours. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv Revenue: $16.93 billion, vs. $17.1 billion expected, according to Refinitiv Automotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, … Read more
Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company’s chief legal officer Friday. But Twitter’s board chair Bret Taylor said the company is still committed to closing the deal at the agreed-upon price and plans to pursue … Read more
SAN JOSE, Calif. — In the latest chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty on all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court in San Jose, California, and … Read more
Microsoft Corp. Chairman Bill Gates announces a new version of Microsoft Internet Explorer for Windows XP and that Microsoft would include Windows AntiSpyware technology at no extra charge, during his keynote address at RSA Conference 2005 in San Francisco, Tuesday, Feb. 15, 2005. The two new enhancements will lead to safer Web browsing according to … Read more