Uncategorized

Apple cuts forecast, citing weak China sales amid trade tensions

Apple Inc on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone …read more Source: Reuters Tech News

Tesla cuts U.S. prices on all vehicles, shares drop

Tesla Inc on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell …read more Source: Reuters Tech News

Apple cuts revenue forecast on weak China sales

Apple Inc on Wednesday cut its current quarter revenue forecast, citing fewer iPhone upgrades and weak sales in China. …read more Source: Reuters Tech News

Apple lowers quarterly revenue forecast

Apple Inc on Wednesday said its current quarter revenue will be lower than its original forecast, citing fewer iPhone …read more Source: Reuters Tech News

Google wins U.S. approval for new radar-based motion sensor

Alphabet Inc’s Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project …read more Source: Reuters Tech News

GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

General Motors Co hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching …read more Source: Reuters Tech News

GM hit 200,000 U.S. electric vehicles sold in 2018: source

General Motors Co reached 200,000 cumulative U.S. electric vehicles sold late last year, triggering a phase-out of a $7,500 …read more Source: Reuters Tech News

Netflix poaches Activision’s Neumann for CFO role

Netflix Inc said on Wednesday it had appointed media finance veteran Spencer Neumann from Activision Blizzard as its …read more Source: Reuters Tech News

Tesla shares drop on price cut, disappointing Model 3 deliveries

Shares in Tesla Inc dropped as much as 9 percent on Wednesday after the electric car maker cut U.S. …read more Source: Reuters Tech News

San Bernardino shooting lawsuits vs Facebook, Google, Twitter dismissed

A federal judge has dismissed lawsuits seeking to hold Facebook, Google and Twitter liable to victims of the December 2015 …read more Source: Reuters Tech News