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Elon Musk’s Boring Co raises $112.5 million in funding, most from Musk

(Reuters) – Elon Musk’s Boring Co said on Monday it raised $112.5 million in equity, with 90 percent coming from …read more Source: Reuters Tech News

Facebook must face class action over facial recognition: U.S. judge

SAN FRANCISCO (Reuters) – A U.S. federal judge ruled on Monday that Facebook Inc must face a class action lawsuit …read more Source: Reuters Tech News

Tesla says Model 3 production shut down temporarily

SAN FRANCISCO (Reuters) – Tesla Inc has temporarily suspended its Model 3 assembly line in what the company said …read more Source: Reuters Tech News

Tesla temporarily shuts down Model 3 production in Fremont

(Reuters) – Tesla Inc on Monday said it was having a planned downtime on the Model 3 production, after a …read more Source: Reuters Tech News

Netflix programming binge pays off with subscriber surge

(Reuters) – Netflix Inc’s blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March, …read more Source: Reuters Tech News

Elon Musk’s Boring Company raises $112.5 million for hyperloop

(Reuters) – Elon Musk’s Boring Company has raised $112.5 million in equity, the firm said in a regulatory filing on …read more Source: Reuters Tech News

Exclusive: BlackRock’s biggest stock-picking fund likes Facebook shares

NEW YORK (Reuters) – The biggest stock-picking fund at BlackRock Inc raised its bet on Facebook Inc in March, a …read more Source: Reuters Tech News

Netflix original shows lure more new subscribers than expected

(Reuters) – Netflix Inc’s blitz of new programming attracted a surprisingly high 7.4 million new customers from January to March, …read more Source: Reuters Tech News

T-Mobile to pay $40 million over false ring tones on rural U.S. calls

WASHINGTON (Reuters) – T-Mobile USA Inc agreed on Monday to pay $40 million to resolve a government investigation that …read more Source: Reuters Tech News

Majority of divisive Facebook ads bought by “suspicious groups” – study

(Reuters) – Most of the political ads about divisive issues that ran on Facebook Inc before the 2016 U.S. presidential …read more Source: Reuters Tech News