By Blake Brittain (Reuters) – Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe t[...]
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Technology
U.S. chip lobby presses Biden to refrain from further China curbs
By Stephen Nellis and Karen Freifeld (Reuters) -The U.S.-based Semiconductor Industry Association trade group on Monday called on the Biden administration to “refrain from further restrictions[...]
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Yellen does not see recession in U.S. – Bloomberg interview
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy[...]
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Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects to begin deliveries in the fourth qu[...]
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Microsoft says Chinese hackers used code flaw to steal emails from US agencies
By Raphael Satter WASHINGTON (Reuters) -Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used a flaw in the company’s code to steal emails from U.S. gove[...]
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Tesla discounts set to power quarterly revenue growth, hit profit
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a thre[...]
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Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling[...]
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Global rules leave crypto firms with no place to hide, says G20 watchdog
By Huw Jones LONDON (Reuters) – Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties[...]
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China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry
By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company see[...]
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