business

Elon Musk Tweets on Tesla Solar Roof Production numbers

Elon Musk’s Tweet leads to the big controversy with the US Securities and Exchange Commission (SEC)

Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla’s solar production numbers on the micro-blogging platform.

“Partnerships key to success in digital world” says Cisco India head as they invest $1.7 billion this year

Huawei’s Revenue Jumps 23.2 Percent in First Half of 2019 Despite of being banned in the US

Will it work between Huawei and Micromax? Huawei forges ties with Micromax to enter the Indian market

Trump's Tariff Threats Target Apple's Mac Pro

Trump warns APPLE, either to manufacture in US or face tariffs

US President Donald Trump has threatened to slap Apple with tariffs on the components of its high-end Mac Pro computer, the most expensive of the company’s products, if it finally decides to shift production from the US to China.

Even though Intel’s Data Center Business has declined, it made profits of $4.2 billion

Chip-maker Intel registered $16.5 billion in net sales for the second quarter (Q2) of 2019 $900 million higher than its April guidance but 3 percent down year-over-year (YoY) with net income of $4.2 billion.

E commerce rule in india hits hard amazon and flipkart

After Months of Uncertainty, ‘Amazon’ now Optimistic of Stable E-Commerce Policy in India

The changes in e-commerce rules from the Indian government hurt Amazon and Flipkart badly and was driven by a call to protect India’s burgeoning seller class, as well as smaller e-commerce players who cannot match the deep pockets of India’s two biggest online shopping platforms. The focus in the e-commerce sector these days is around deep discounting and predatory pricing, along with an odd case of counterfeit products, but with all the attention around data and policy, the e-commerce business has definitely been hit by the government rules.

Tesla reports record car deliveries but faces net loss in Q2

Tesla faces $408mn as net loss, Despite record car production n Q2

Despite delivering a record 95,200 cars in the second quarter (Q2) of 2019, Elon Musk-led electric car maker Tesla reported a net loss of $408 million for the quarter that ended June 30. Tesla reported revenue of $6.3 billion — a significant improvement from Q2 last year when it reported revenue of $4 billion. The company also announced it’s Chief Technology Officer J.B. Straubel is leaving Tesla.

Facebook penalized for privacy violation

The US Federal Trade Commission (FTC) approved a settlement involving about $5 billion with Facebook over its probe into the tech giant’s privacy violations, a media report said on Friday.

Amazon & Facebook claim to be top spenders on lobbying as regulators act

As US government regulators act tough on tech giants over privacy violations and anti-trust activities, Amazon and Facebook spent the maximum in lobbying – around $4 million each – in the second quarter (Q2) this year.