Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge
(Reuters) – Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information about the electric vehicle maker, the top U.S. securities regulator told a judge on Monday. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January... Read More

Asian shares steady ahead of Fed meeting; May’s Brexit deal in chaos

Asian shares steady ahead of Fed meeting; May’s Brexit deal in chaos
Asian shares treaded water on Tuesday ahead of a U.S. Federal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain’s parliament banned another vote on same Brexit deal. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato MSCI’s broadest index of Asia-Pacific shares... Read More

Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court

Elon Musk tweet about Tesla violates settlement agreement, U.S. regulator tells court
(Reuters) – A tweet about Tesla Inc production targets by Elon Musk was “a blatant violation” of a court order to get his written communications pre-approved, U.S. securities regulators told a judge on Monday, doubling down on the government’s demand to find the Tesla CEO in contempt of a previous fraud settlement. FILE PHOTO: Tesla CEO Elon Musk attends the... Read More

Huawei leads Asian domination of U.N. patent applications in 2018

Huawei leads Asian domination of U.N. patent applications in 2018
GENEVA (Reuters) – Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday. A Huawei company logo is seen outside a shopping mall in Shanghai, China March 7, 2019. REUTERS/Aly Song Huawei, which has been under pressure since... Read More

Foxconn says Wisconsin factory production to launch by 2020

Foxconn says Wisconsin factory production to launch by 2020
(Reuters) – Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei, Taiwan, March... Read More

Google seeking to promote rivals to stave off EU antitrust action

Google seeking to promote rivals to stave off EU antitrust action
FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. REUTERS/Arnd Wiegmann BRUSSELS (Reuters) – Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago. The European... Read More