Amazon to open new fulfillment center in Australia
(Reuters) – Amazon.com Inc said on Thursday it would open a new Australian fulfillment center in the southwest of Sydney, …read more Source: Reuters Tech News
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The price of cutting off analysts? For Tesla, it’s $2 billion
SAN FRANCISCO (Reuters) – Ducking analysts’ questions has a price: $2 billion. …read more Source: Reuters Tech News
Spotify hits wrong note with new customer forecast
LONDON/BENGALURU (Reuters) – Spotify Technology SA missed the beat on Wednesday. The streaming music leader fell short of investor hopes …read more Source: Reuters Tech News
Facebook employee fired over bragging about access to user information
(Reuters) – Facebook Inc on Thursday said that it fired an employee accused of bragging on matchmaking app Tinder about …read more Source: Reuters Tech News
U.S. safety agency says ‘did not assess’ Tesla Autopilot effectiveness
WASHINGTON (Reuters) – A U.S. traffic safety regulator on Wednesday contradicted Tesla Inc’s claim that the agency had found that …read more Source: Reuters Tech News
Spotify falls just short on revenue, sending shares tumbling
LONDON/BENGALURU (Reuters) – Spotify Technology SA shares dropped 9 percent after the streaming music leader’s subscriber outlook and quarterly revenue …read more Source: Reuters Tech News
Ex-NSA chief’s startup raises $78 million, helps defend U.S. power grid
WASHINGTON (Reuters) – IronNet Cybersecurity Inc, a startup led by former U.S. National Security Agency chief Keith Alexander, has raised …read more Source: Reuters Tech News
Tesla says Model 3 production on track, will curb spending in 2018
SAN FRANCISCO (Reuters) – Tesla Inc stood by its production targets for its Model 3 on Wednesday, assuring investors that …read more Source: Reuters Tech News
Poorest U.S. consumers seen hit hard by T-Mobile, Sprint merger
(Reuters) – The poorest U.S. consumers would lose most from the proposed tie-up of wireless carriers T-Mobile US Inc and …read more Source: Reuters Tech News
Spotify revenue just shy of Wall Street estimate, shares drop
LONDON/BENGALURU (Reuters) – Music streaming leader Spotify Technology on Wednesday posted quarterly revenue just below Wall Street’s average estimate …read more Source: Reuters Tech News