By Chavi Mehta (Reuters) -Rivian Automotive beat market estimates for second-quarter deliveries on higher production and stable demand for its electric vehicles, sending the company’s shares up[...]
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Technology
Panasonic needs four more EV battery plants, executive says
By Miho Uranaka OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries for elec[...]
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German alternative Mastodon gets boost from newly restricted Twitter
BERLIN (Reuters) – Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity at Mastodon, a German rival that prides itself on its de[...]
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Apple makes history as first $3 trillion company amid tech stock surge
(Reuters) – Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new markets coupled with expectations of a more moderate[...]
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Australian firm sues Twitter for $665,000 for not paying bills
SYDNEY (Reuters) – An Australian project management firm has filed a lawsuit against Twitter Inc in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-paym[...]
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DirecTV removes Nexstar’s programming after failing to reach distribution agreement
(Reuters) – DirecTV removed TV station owner Nexstar Media Group’s network and local community programming from its satellite, cable and streaming systems as they failed to reach a new dis[...]
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Marketmind: Q3 kicks off with China PMI in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum[...]
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Musk says Twitter will limit how many tweets users can read
(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping and system manipulation, Executive Chair Elon Musk said in[...]
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China urges Netherlands to not abuse export control measures
BEIJING (Reuters) – China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not abuse export controls, China’s Ministry of Commerce said in[...]
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