Article content SAN FRANCISCO — Jury selection kicked off on Tuesday in a case brought by Tesla Inc shareholders who claim Elon Musk’s 2018 statement that funding was “secured” to take the electric car maker private amounted to fraud. The lawsuit in San Francisco federal court seeks damages for shareholders who bought or sold Tesla […]
Article content India’s Maharashtra has entered a $2.5 billion partnership with Taiwan’s Gogoro Inc and a local automotive systems supplier to build electric vehicle (EV) battery-swapping and charging stations in the state, the parties said on Tuesday. The Indian company, Belrise Industries Ltd, and Gogoro will form an equal-stakes joint venture and invest the amount […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Tsvetelia Tsolova Published Jan 13, 2023 • 2 minute read Join the conversation Article content SOFIA — Four Bulgarians have been charged with participating in an organized crime group set up to launder money and commit tax and computer fraud, investigators and prosecutors […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Aditya Soni and Akash Sriram Published Jan 12, 2023 • 2 minute read Join the conversation Article content Activist investor Nelson Peltz on Thursday formally launched a battle for a board seat at Walt Disney Co to rescue the entertainment giant from what […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Yew Lun Tian and Brenda Goh and Jennifer Rigby Published Jan 11, 2023 • 4 minute read Join the conversation Article content BEIJING/GENEVA — The World Health Organisation said a lack of data was making it challenging to help China manage the risks […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters P.J. Huffstutter Published Jan 08, 2023 • 2 minute read Join the conversation Article content CHICAGO — The American Farm Bureau Federation and machinery manufacturer Deere & Co signed a memorandum of understanding on Sunday that ensures farmers have the right to repair […]
Article content Seattle’s public school district filed a lawsuit against Big Tech claiming that the companies were responsible for a worsening mental health crisis among students and directly affected the schools’ ability to carry out their educational mission. The complaint, filed on Friday against Alphabet Inc , Meta Platforms Inc, Snap Inc and TikTok-owner ByteDance […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters James Pearson and Christopher Bing Published Jan 06, 2023 • 5 minute read Join the conversation Article content LONDON/WASHINGTON — A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Jonathan Stempel Published Jan 05, 2023 • 2 minute read Join the conversation Article content NEW YORK — New York’s attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by […]
Article content The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. Tesla Inc slid 5% after Reuters reported that the electric vehicle maker plans to extend a reduced production schedule at […]