Tesla has doubled the labor force working on its $5B battery factory in the Nevada desert, aiming to meet demand for its coming Model 3. Now, 1,000 workers build seven days a week on two […]
Twitter (NYSE:TWTR) has locked up another streaming deal. The microblogging site has previously lined up the NFL, the Pac 12 and CBS, and just last week inked a fresh deal with the NBA. Management apparently […]
So it’s official, Verizon (NYSE:VZ) will acquire Yahoo (NASDAQ:YHOO) and its real estate for $4.83 billion. The deal was all but official last Friday, however the details were still in question. Reports suggested the company […]
Verizon’s acquisition of Yahoo will means that it will overtake Microsoft to become the third largest digital advertiser, but it’s still way behind Google in first place, and Facebook in second, per eMarketer. The company’s […]
The way is clear for Exxon Mobil (NYSE:XOM) to buy InterOil (NYSE:IOC) after Oil Search (OTCPK:OISHF) announced it was dropping out of the bidding. Oil Search and Total (NYSE:TOT) had jointly offered to buy IOC […]
AB InBev (NYSE:BUD) and SABMiller (OTCPK:SBMRY) have received approval for their $107B merger from U.S. antitrust regulators after the companies agreed to unload beer assets and preserve competition from independent craft brewers. The DOJ approval […]
Tesla Motors (NASDAQ:TSLA) unveiled its Secret Master Plan Part 2 in a blog post overnight. Highlights include an all-in bet on autonomous driving, ride sharing initiatives, urban transport concepts, and new models including pickups and […]
In this year’s biggest tech-sector initial public offering, the share price of Japanese messaging app firm Line shot up nearly 50% in the Tokyo phase of its launch after gaining 36% in its New York […]
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