Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results improve

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the showroom as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual meeting of shareholders in Omaha, Nebraska, USA, on May 4, 2019. 2019. REUTERS/Scott Morgan//File photo Sign up now for FREE unlimited access to Reuters.com Record Aug 6 (Reuters) – Falling U.S. stock … Read more

Tesla sets August 25 as trading day for shares split three-for-one

Tesla sets August 25 as trading day for shares split three-for-one

The logo of car manufacturer Tesla is seen at a branch in Bern, Switzerland, October 28, 2020. REUTERS/Arnd Wiegmann Sign up now for FREE unlimited access to Reuters.com Record Aug 5 (Reuters) – Tesla Inc (TSLA.O) said on Friday that three-for-one trading of its shares will start on August 25, after the electric vehicle maker’s … Read more

California DMV says Tesla FSD, Autopilot marketing is misleading

California DMV says Tesla FSD, Autopilot marketing is misleading

New Tesla cars sit in a parking lot at a Tesla showroom on June 27, 2022 in Corte Madera, California. justin sullivan | Getty Images News | fake images The California Department of Motor Vehicles accused Tesla of engaging in deceptive practices surrounding the marketing of its driver assistance systems, which are called Autopilot and … Read more

Greek Intelligence Service Chief Resigns Amid Wiretapping Accusations

Greek Intelligence Service Chief Resigns Amid Wiretapping Accusations

ATHENS, Aug 5 (Reuters) – The head of Greece’s intelligence service resigned on Friday amid heightened scrutiny of the agency’s surveillance practices, including an allegation by an opposition party leader that he was wiretapped in 2021. . Panagiotis Kontoleon, head of the EYP intelligence service, tendered his resignation “following erroneous actions found during legal wiretapping … Read more

Elon Musk’s legal team filed its official response to Twitter’s lawsuit

Elon Musk’s legal team filed its official response to Twitter’s lawsuit

In the response to Twitter’s complaint, which includes counterclaims against the company, Musk’s team tries to refute the company’s accusations that the Tesla CEO is unfairly trying to get out of the deal. His team repeats accusations that Twitter has misrepresented the number of fake accounts and spam bots on its platform, a central accusation … Read more

Comply with China etiquette rules

Comply with China etiquette rules

Dan Kitwood/Getty Images With the communist government of China still acting very prickly in the wake of the House Speaker nancy pelosi recent visit to Taiwan, Apple is urging its suppliers to ensure that they label any shipment from Taiwan to China in strict compliance with Chinese customs regulations regarding the island’s name. It’s a … Read more

Cloudflare Q2 2022 Earnings Send Stocks Soar

Cloudflare Q2 2022 Earnings Send Stocks Soar

Cloudflare Co-Founder and CEO Matthew Prince speaks on stage at TechCrunch Disrupt Berlin on December 12, 2019 in Berlin, Germany. Noam Galai | Getty Images Entertainment | fake images Cloudflare shares rose as much as 27% on Friday, after the content delivery network and security provider announced second-quarter results and full-year guidance that beat analyst … Read more

Amazon’s cart of connected devices grows with $1.7 billion deal for Roomba maker

Amazon’s cart of connected devices grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire iRobot Corp (IRBT.O), maker of the Roomba robotic vacuum cleaner, in an all-cash deal for about $1.7 billion, in the latest industry push world. largest online retailer to expand its stable of smart home devices. Amazon will pay $61 per share, valuing iRobot at a 22% … Read more

Pelosi: China cannot prevent US officials from visiting Taiwan

Pelosi: China cannot prevent US officials from visiting Taiwan

TOKYO (AP) — China will not isolate Taiwan by preventing U.S. officials from traveling there, U.S. House Speaker Nancy Pelosi said Friday in Tokyo, concluding her tour of Asia highlighted by a visit to Taipei that angered China.. The Chinese have tried to isolate Taiwan, Pelosi said, even more recently by preventing the self-governing island … Read more

Morgan Stanley in technology stocks and market fund, Nasdaq

Morgan Stanley in technology stocks and market fund, Nasdaq

Stocks have rallied broadly in July, with the Nasdaq bouncing off earlier declines. And Wall Street is debating whether the markets have bottomed yet. Growth stocks, like tech stocks, have slumped across the board this year due to monetary tightening, the recession and other risks. And Morgan Stanley, in a report on August 3, warned … Read more