Elon Musk Becomes Twitter’s Largest Shareholder

When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When he got stuck in traffic in 2016, he tweeted the idea of ​​an underground tunnel system to alleviate “soul destroying” congestion. And when he challenged President Vladimir V. Putin of Russia to one-on-one combat last … Read more

AMD to buy cloud startup Pensando for $1.9 billion in data center push

Signs of AMD are seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register April 4 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) said on Monday it would acquire cloud startup Pensando for $1.9 … Read more

New Amazon Worker Chat App Would Ban Words Like “Union”

Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining to labor unions, according to internal company documents reviewed by The Intercept. An automatic word monitor would also block a variety of terms that could represent potential critiques of Amazon’s working conditions, like “slave labor,” “prison,” and “plantation,” … Read more

Hertz to buy 65,000 electric cars from Polestar

Polestar CEO Thomas Ingenlath previously told Automotive News Europe that stretch goal for 2022 was to sell 65,000 cars. Polestar sold 29,000 cars in 2021, which represented a 185% increase from 2020, according to sales figures the company released in January. Hertz plans to order the compact Polestar 2, one of the EV company’s two … Read more

Oil up 2% as West Mulls More Russia Sanctions, Saudis Hike Selling Prices By Investing.com

© Reuters. By Barani Krishnan Investing.com — From more Western sanctions planned for Russia to a hike in Saudi selling prices, oil markets found enough motivation to rebound from last week’s worst selloff in two years to put US crude back above $100 per barrel on Monday. Mounting civilian deaths in Ukraine increased pressure on … Read more

Elon Musk buys 9.2% of Twitter, making him the largest shareholder

News of the purchase sent shares of Twitter (TWTR) soaring 22% in early trading. Musk did not disclose what he paid for the shares, but his stake was worth $2.9 billion as of the close of trading Friday, and $3.5 billion after the spike early Monday. Musk’s filing did not disclose the purpose of the … Read more

S&P 500, Nasdaq climb as growth stocks, Twitter jump

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Twitter soars after Elon Musk reveals 9.2% stake US-listed Chinese companies surge Indexes: Dow flat, S&P rises 0.47%, Nasdaq gains 1.56% April 4 (Reuters) … Read more

Investigation uncovers horrible truth behind Cadbury’s Creme Egg

Easter is less than two weeks away and the supermarket shelves are full of chocolate eggs – with Britain’s best-loved brand, Cadbury’s, leading the pack. Their classic creme egg is a seasonal favorite – with 200 million sold every year – and each one comes with the Cocoa Life stamp, to reassure consumers that the … Read more

Stocks, dollar rise; European leaders urge further Moscow sanctions

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US stocks mostly higher in early trade Oil prices gain US dollar strengthens NEW YORK, April 4 (Reuters) – Stocks on global indexes … Read more