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As Tesla shares fall, Amazon takes over as most shorted U.S. stock
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NEW YORK (Reuters) – With Tesla Inc’s (TSLA.O) shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc (AMZN.O), according to data from financial technology and analytics firm S3 Partners. FILE PHOTO: A Tesla logo is seen in Los Angeles, California […]

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Tesla CEO Musk accused in lawsuit of fraud over going-private proposal
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(Reuters) – Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they committed securities fraud in a scheme to “completely decimate” short-sellers that included Musk’s proposal to take the electric car company private. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, […]

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The Secret Internet War Over Bots
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Companies are waging an invisible data war online. And your phone might be an unwitting soldier. Retailers from Amazon and Walmart to tiny startups want to know what their competitors charge. Brick and mortar retailers can send people, sometimes called “mystery shoppers,” to their competitors’ stores to make notes on prices. Online, there’s no need […]

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British regulator to fine Facebook over data protection breaches
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LONDON (Reuters) – Britain’s information regulator said on Wednesday she intends to fine Facebook (FB.O) for breaches of data protection law as her office investigates how millions of users’ data was improperly accessed by consultancy Cambridge Analytica. FILE PHOTO: A woman looks at the Facebook logo on an iPad in this photo illustration taken June […]

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Why Elon Musk and Warren Buffett Are Suddenly Trolling Each Other Over See’s Candies
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During the annual Berkshire Hathaway meeting Saturday, CEO Warren Buffett offered some advice to Tesla’s Elon Musk: Stay away from See’s Candies. What the renowned investor probably didn’t anticipate was that Musk, a fellow multi-billionaire, would interpret his message as a dare. Buffett, whose Berkshire Hathaway owns See’s Candies, was responding to a shareholder’s question […]

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Parents Get More Control Over Facebook’s Messenger Kids With New Sleep Mode
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Facebook’s recently introduced Messenger Kids app is getting an upgrade that lets parents set “off times” that blocks their children from using the service. The new Sleep Mode, which debuted on Friday, also lets parents set different times for the app to shut off depending on the day of the week. During “off times,” the […]

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How Some New College Graduates Are Pulling Over $1 Million a Year (Courtesy of Elon Musk)
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Artificial intelligence experts can command huge salaries and bonuses–even at a nonprofit. OpenAI, a nonprofit research lab started by Tesla founder and CEO Elon Musk released the salary details of it’s employees–and they are striking. The organization’s top researcher was paid more than $1.9 million in 2016, and another leading researcher who was only recruited in March […]

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Tesla Fights the NTSB Over Its Latest Autopilot Death
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Tesla loves a good fight. CEO Elon Musk has battled car dealers, President Trump, and more than a few reporters. Now he has found a new opponent, in the National Transportation Safety Board. The agency is investigating the crash of a Model X that was running with Autopilot engaged when it slammed into a highway […]

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Furor erupts around Indian PM Modi's app over alleged data sharing
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MUMBAI (Reuters) – Allegations that Indian Prime Minister Narendra Modi’s official mobile applicatihere.narendramodiapp&hl=en was sending personal user data to a third party without their consent caused a furor on social media in India and drew criticism from the leader of the main opposition party on Sunday. FILE PHOTO: India’s Prime Minister Narendra Modi speaks with […]

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