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The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk's plan to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources. . . more
Wed, 15 Aug 2018 13:02:11 -0400 
Twitter Inc has banned U.S. conspiracy theorist Alex Jones from tweeting for seven days, saying one of his tweets violated its rules against abusive behavior. . . more
Chinese technology giant Tencent Holdings Ltd has "no clarity" on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue. . . more
HSN, once known as the Home Shopping Network, is getting an image makeover. . . more
Investors have told Uber Technologies Inc [UBER.UL] it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue. . . more
Brazil's antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico. . . more
(This August 14 story was corrected to say "private" instaed of "public" in paragraph 14) . . more
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T , accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account. . . more
Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private. . . more
Chinese state-sponsored hackers may be targeting companies and state agencies in Malaysia as it looks to review several major projects linked to China's Belt and Road Initiative, cyber security firm FireEye Inc. said on Wednesday. . . more
The Israeli government said on Wednesday it is investing 90 million shekels ($24 million) to shore up the country's cyber security industry as a global leader. . . more
Shares of Asian video game companies such as Tencent Holdings , Nexon and Nintendo tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses. . . more
U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu. . . more
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday. . . more
Tue, 14 Aug 2018 20:53:42 -0400 
Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him. . . more


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