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Musk to resign as Tesla chairman, remain as CEO in SEC settlement

Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down …read more Source: Reuters Tech News

Tesla, Musk pay $40 million to settle Tweet charges, Musk to resign as chairman

The U.S. Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to …read more Source: Reuters Tech News

South Korea’s LG Display to cut jobs through voluntary retirement

South Korea’s LG Display Co Ltd, an Apple supplier, will cut jobs through voluntary retirement for the first time since …read more Source: Reuters Tech News

Facebook says big breach exposed 50 million accounts to full takeover

Facebook Inc said on Friday that hackers stole digital login codes allowing them to take over nearly 50 million …read more Source: Reuters Tech News

Tesla’s Musk may settle SEC lawsuit but ready for fight -sources

Tesla Inc’s Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker’s …read more Source: Reuters Tech News

Oracle’s Kurian to step down as president of product development

Business software maker Oracle Corp said on Friday Thomas Kurian, its president of product development would be stepping down, effective …read more Source: Reuters Tech News

Trump administration looks to speed 5G networks, ease hurdles

The Trump administration said on Friday it is seeking to remove hurdles to faster deployment of the next generation of …read more Source: Reuters Tech News

Google CEO will testify before House on bias accusations

Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican …read more Source: Reuters Tech News

Airbnb says not property agent, French hoteliers say nonsense

Online rental marketplace Airbnb rejected on Friday a contention by a leading French hoteliers’ association that it is a real …read more Source: Reuters Tech News

UK regulator to enquire if Facebook data breach has affected UK citizens

The UK’s Information Commissioner’s Office said on Friday it will make enquiries with Facebook Inc and other overseas regulators …read more Source: Reuters Tech News