Uncategorized

DHS says no reason to doubt firms’ China hack denials

The U.S. Department of Homeland Security said on Saturday it currently had no reason to doubt statements from companies that …read more Source: Reuters Tech News

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

Hedge fund manager David Einhorn lambasted Tesla Inc and its “despondent” Chief Executive Elon Musk on Friday, comparing the …read more Source: Reuters Tech News

Greenlight Capital’s David Einhorn likens Tesla to Lehman Brothers

David Einhorn, the hedge fund manager known for his prescient call about Lehman Brothers’ accounting troubles, lambasted Tesla Inc …read more Source: Reuters Tech News

Google shows progress in addressing competition concerns, says EU’s Vestager

Google’s proposals to increase competition in online shopping are bearing fruit, Europe’s antitrust chief said on Friday, suggesting that the …read more Source: Reuters Tech News

Einhorn’s Greenlight exits Apple on U.S.-China trade war fears

David Einhorn’s Greenlight Capital sold its remaining shares of Apple Inc on growing fear of “Chinese retaliation against America’s …read more Source: Reuters Tech News

ISS says renegotiating Dell tracking stock offer would be best option

Shareholder advisory firm Institutional Shareholder Services Inc (ISS) said on Friday that Dell Technologies Inc should renegotiate an offer to …read more Source: Reuters Tech News

Snap rises on report of CEO’s profitability goal for 2019

** Snapchat-owner’s shares up ~4 pct at $8.10 in premarket, showing signs of recovery after touching their all-time low on …read more Source: Reuters Tech News

Lenovo and ZTE tumble on fears over China hack report

Lenovo and ZTE Corp shares slid on Friday, hurt by worries about overseas sales after Bloomberg reported that the systems …read more Source: Reuters Tech News

UK cyber security agency backs Apple, Amazon China hack denials

Britain’s national cyber security agency said on Friday it had no reason to doubt the assessments made by Apple and …read more Source: Reuters Tech News

Lenovo, ZTE tumble as investors fret over impact of China’s hack report

Shares in Lenovo Group and ZTE Corp tumbled on Friday, hurt by worries about overseas sales after Bloomberg reported that …read more Source: Reuters Tech News