Tesla launches new $45,000 Model 3...

Tesla launches new $45,000 Model 3


Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease.

Micron to buy Intel's stake in joint venture IM Flash Technologies

Micron Technology Inc said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp .

Read more


Amazon to open Manchester office as it adds 1,000 British jobs

Amazon.com is opening its first office in Manchester, northern England, and expanding two other centers to house 1,000 new R&D roles in what it said was a major new investment in British innovation.

Read more


PayPal quarterly profit beats estimates, shares rise

PayPal Holdings Inc on Thursday reported a third-quarter profit that beat analysts' estimates as the company signed up more new customers and volume of payments processed rose.

Read more


Internet provider groups sue Vermont over net neutrality law

Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law barring companies that do not abide by net neutrality rules from receiving state contracts.

Read more


Comcast says its fastest internet reaches more U.S. homes than any other provider

Comcast Corp said on Thursday that its fastest-speed gigabit internet service now reaches more homes than any other provider in the United States after it completed rollout to nearly all 58 million homes and businesses it serves.

Read more


U.S. making serious efforts to comply with EU data rules: EU officials

The United States is making serious efforts to comply with a landmark data transfer pact agreed two years ago, EU officials said on Thursday amidst criticism by some civil liberties groups and EU lawmakers that the U.S. is not living up to the accord.

Read more


Square introduces new payment terminal for small businesses

Square Inc, the company led by Twitter Inc Chief Executive Jack Dorsey, on Thursday launched a payment terminal for small business clients, expanding its suite of hardware products.

Read more


Netflix needs lower prices to woo India

Netflix Inc's Indian operation drew attention in a surge of international subscribers in the third quarter, but it faces fierce competition and a difficult cultural conundrum to make inroads with the country's more than one billion TV viewers.

Read more


Thousands of Seoul taxi-drivers rally against plans for carpool service

Tens of thousands of South Korean taxi-drivers held a rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country's top chat app would threaten their livelihoods and jobs.

Read more


Ericsson tops third-quarter forecasts as savings and 5G sales kick in

Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress toward its long-term financial goals.

Read more


Sirius XM, Amazon join forces in push linked to Echo devices

Satellite radio company Sirius XM Holdings Inc is teaming up with Amazon.com in its push into listeners' homes to move beyond its stronghold inside vehicles.

Read more


TSMC sees modest fourth quarter revenue growth, shrugs off trade war impact

Taiwan Semiconductor Manufacturing Co (TSMC) offered a modest fourth-quarter revenue growth outlook, predicting weaker sales of high-performance computers for cryptocurrency mining will partially offset solid demand for chips from smartphones.

Read more


Tennis star Wozniacki signs deal to launch her own crypto token

Tennis ace Caroline Wozniacki signed a deal with a Singaporean company to launch her own crypto token on Thursday, with the firm saying it hoped ex-soccer star Michael Owen or boxer Manny Pacquiao would be the first to sell such a token next year.

Read more


Tesla secures Shanghai site for $2 billion China Gigafactory

Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.

Read more


France's OVH to triple spending to take on Google, Amazon in cloud computing

French cloud computing company OVH plans to triple investment in the coming years to take on U.S. Internet giants Amazon and Alphabet's Google in this fast-growing sector.

Read more


Uber enters trailer leasing business

Uber Technologies Inc [UBER.UL] said on Wednesday it is entering the trailer leasing business.

Read more


'Enough excuses!' France's Le Maire grows impatient over GAFA tax

Europe has talked long enough about whether to make internet giants like Google , Apple and Facebook pay more taxes and it is time for a decision, French Finance Minister Bruno Le Maire said on Thursday.

Read more


Google to charge smartphone makers for Google Play in Europe

Alphabet Inc's Google on Tuesday revamped how it distributes its mobile apps in the European Union, introducing a licensing fee for device makers to access its app marketplace in a response to regulators' findings that it had broken antitrust law.

Read more


China's JD.com unwraps FedEx-style parcel business to bolster sales

Chinese e-commerce firm JD.com Inc said on Thursday it would add a FedEx-style parcel delivery service to its e-commerce offerings, a move which could help the firm leverage its network of warehouses and drivers to bolster flagging profits.

Read more