Technology news

• Tesla showroom in southern UK damaged by 'accidental' fire

  02-03-2019 19:19
  British firefighters said they had brought a serious fire at a Tesla showroom in southern England under control hours after it broke out on Saturday morning.
  
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• Revealed: Facebook’s global lobbying against data privacy laws - The Guardian

  02-03-2019 15:00
  Revealed: Facebook’s global lobbying against data privacy laws  The GuardianSocial network targeted legislators around the world, promising or threatening to withhold investment.
  
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• German utility EnBW to expand trading, solar business: CFO

  02-03-2019 15:00
  German utility EnBW plans to expand further in energy trading and solar power to replace falling profit contributions from conventional energy sources, its chief financial officer Thomas Kusterer said in an interview published on Saturday.
  
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• Target CEO: $7 billion investment in stores and technology is paying off - Star Tribune

  02-03-2019 14:08
  Target CEO: $7 billion investment in stores and technology is paying off  Star TribuneTwo years in, Target's huge gamble to invest $7B in stores and technology is paying off. The question now is, can the momentum continue?
  
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• Apple holders vote down proposal to disclose ideology of director nominees

  02-03-2019 13:11
  Apple Inc shareholders on Friday defeated a shareholder proposal from a conservative group that would have required the company to disclose the "ideological perspective" of nominees for its board of directors.
  
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• Tesla's store-shuttering strategy may pull the rug out of solar

  02-03-2019 13:08
  Tesla Inc's sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a declining business it paid $2.6 billion for in a controversial 2016 deal.
  
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• Facebook sues over sales of fake accounts, likes and followers

  02-03-2019 13:05
  Facebook Inc said on Friday that it filed a lawsuit along with Instagram in U.S. federal court against four companies and three people based in the People's Republic of China for promoting the sale of fake accounts, likes and followers.
  
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• SpaceX launches unmanned U.S. space capsule to space station

  02-03-2019 09:29
  A SpaceX rocket with a newly designed unmanned crew capsule blasted off on Saturday for the International Space Station, in a key milestone for Elon Musk’s space company and NASA's long-delayed goal to resume human spaceflight from U.S. soil later this year.
  
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• Governors Focus on Infrastructure, Offer Technology and Security Priorities - Government Technology

  02-03-2019 09:00
  Governors Focus on Infrastructure, Offer Technology and Security Priorities  Government TechnologyThe National Governors Association (NGA) held their 2019 Winter Meeting in Washington D.C. this past week, and the top focus was on infrastructure. And yet, a ...
  
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• Exclusive: Huawei plans billions in dividends for staff despite row with U.S. - sources

  02-03-2019 07:33
  China's Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to company sources and Reuters calculations - a move expected to boost morale as it battles a U.S.-led drive against its telecom gear.
  
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• U.S. safety agencies to investigate fatal Tesla crash in Florida

  02-03-2019 05:38
  The National Highway Traffic Safety Administration (NHTSA) and the National Transportation Safety Board (NTSB) said they are sending teams to investigate a fatal crash in Florida on Friday involving a Tesla Inc car and a semi-trailer.
  
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• Huawei to be arraigned in U.S. fraud case in New York on March 14

  02-03-2019 03:33
  Huawei Technologies Co Ltd and two affiliates will be arraigned on March 14 in U.S. District Court in Brooklyn, New York, on accusations the company committed bank and wire fraud and violated sanctions against Iran, according to a court filing on Friday.
  
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• Canada to allow extradition case against Huawei executive

  02-03-2019 03:33
  The Canadian government, as expected, said on Friday it would allow an extradition hearing to proceed against Meng Wanzhou, the chief financial officer of Huawei Technologies Co Ltd who was detained in Canada late last year.
  
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• Tesla settles in cash $920 million convertible bond obligation

  02-03-2019 02:30
  Tesla Inc has paid off a $920 million convertible bond obligation in cash, a company spokesperson said on Friday.
  
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• Tesla enters uncharted territory after move to dismantle store network

  02-03-2019 02:30
  Tesla Inc's move to dismantle its network of high-end showrooms as part of a plan to launch the long-awaited cheaper version of its Model 3 sedan has pushed the electric carmaker into uncharted territory for an industry that has long relied on physical stores to move the metal.
  
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• Canada approves Huawei extradition proceedings, China seethes

  02-03-2019 01:56
  The Canadian government, as expected, on Friday approved extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, prompting a furious reaction from China.
  
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• China Finalizes Rules for New Technology Exchange in Shanghai - Bloomberg

  02-03-2019 01:11
  China Finalizes Rules for New Technology Exchange in Shanghai  BloombergChina pushed through final regulations for a new stock-trading venue in Shanghai designed to encourage more technology companies to go public.
  
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