Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Dan Ives

Tesla stock slips as Musk sells another $3.58B of its shares

Shares of Tesla are sliding before the market open on Thursday after news broke that CEO Elon Musk sold another $3.58 billion worth of the electric vehicle maker’s stock this week

The Independent UK

Elon Musk sells $3.58B worth of Tesla stock, purpose unknown

Elon Musk sold another $3.58 billion worth of Tesla stock this week, but it wasn’t clear where the proceeds were being spent

The Independent UK

'The clock has struck midnight in China': Wedbush analyst Dan Ives says Apple needs a new plan after major iPhone supply chain disruptions

By 2025, 50% of iPhone production could be in these two countries instead, according to Wedbush tech analyst Dan Ives.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Zero-Covid policy is costing China its role as the world’s workshop

Beijing’s endless lockdowns are causing shortages for western firms such as Apple, and it may not be long before they move their supply chains elsewhere

The Guardian - UK

China’s COVID chaos may cost Apple billions—and there’s not much Tim Cook can do about it

For Apple, setbacks in iPhone production due to government-mandated lockdowns are the price of doing business in China.

Fortune

How bad are the 'iPhone city' riots for Apple stock? Analysts see a 'body blow' for the most valuable company on earth

Hundreds of workers clashed with authorities at Foxconn's iPhone plant in Zhengzhou, China on Wednesday. Analysts warn it could affect already ailing iPhone production.

Fortune

Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter

"I don't bet against this guy," said one investor in Elon Musk's Tesla and Twitter. Others worry that the chaos at Twitter will continue dragging down Tesla values.

WEKU

Read news from The Economist, FT, and more,
with one subscription

'The amount I torture myself is next level’: Elon Musk warns leaders not to be like him

"Be careful what you wish for," said Musk speaking to the B20 business conference in Bali.

Fortune

Musk Warns of Twitter Bankruptcy as More Senior Executives Quit

Twitter Inc's new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a US privacy regulator and the exit of the company's trust and safety leader. The billionaire on his first mass call with employees…

Asharq Al-Awsat

Elon Musk enrages Tesla investors, selling $4 billion in stock when they least expected it

Wedbush Securities tech analyst Dan Ives complained on Wednesday that Musk threw Tesla investors a curveball after claiming he was done selling stock.

Fortune

Apple will lose 6 million iPhones after China factory shuts down

China’s COVID-zero policy creates headaches for Apple, as a factory closure threatens supply of its flagship product.

Fortune

Twitter spent years building its staff. Under Musk, half may lose their jobs within days

Hiring is challenging for every industry, but especially tech.

Los Angeles Times

Elon Musk Takes over Twitter but Where Will He Go from Here?

Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is what the billionaire Tesla CEO will actually do with the social media platform. The $44 billion takeover means Twitter is becoming a private company that everyday investors will no longer…

Asharq Al-Awsat

GM beats expectations, nets $3.3 billion profit in third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

Tribune News Service

Get all your
news in one place.

100's of premium titles.
One news app.

Wales Online

Elon Musk would cut 75% of Twitter workforce, according to report

Washington Post says the move would leave the company with a skeleton crew

The Independent UK

Report: Elon Musk plans to cut 75% of Twitter workforce

Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company

WEKU

Labor Department proposal could change gig worker and company rules

The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

The Independent UK

Labor proposal could upend rules for gig workers, companies

The U.S. Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees, potentially curtailing access to benefits and protections they rightfully deserve

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Is The Rivian Recall Just A 'Speed Bump' For The Amazon-Backed EV Company?

Rivian Automotive Inc (NASDAQ: RIVN) shares ran into a speed bump Monday morning after the company announced a voluntary recall of mo

The Independent UK

To buy Twitter, Musk has to keep banks, investors on board

If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place

Benzinga

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

InsideEVs

Tesla Stock Splits 3-For-1, Wedbush Raises Price Target To $360

Other analysts are more optimistic, with Oppenheimer's Colin Rusch and The Future Fund's Gary Black estimating price targets of $383 and $550, respectively.

The Independent UK

Whistleblower: bad news for Twitter, good news for Musk?

Elon Musk has spent months trying to get out of his $44 billion agreement to buy Twitter, saying the company has undercounted its fake and spam accounts

Benzinga

Analysts Bet On Twitter Deal Getting Done After Elon Musk Goes On Another Tesla Stock Selling Spree

Elon Musk on Tuesday disclosed in six filings that he sold $6.85 billion worth of Tesla, Inc. (NASDAQ: TSLA) shares on Aug. 5.

The Independent UK

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter

1 … 28 29 30 31

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.