Tesla hid information about SEC investigation, report says

The Securities and Exchange Commission investigated Tesla Motors for a year without Tesla informing its investors, a Probes Reporter report said on Thursday. The investigation centered on deposits made by customers for future delivery of the Tesla 3 sedan, pictured. Photo by Stephen Shaver/UPI Dec. 15 (UPI) -- Tesla Motors was under formal Securities and Exchange [...]

2017-12-15T20:20:22+00:00 December 15th, 2017|

Net neutrality: The FCC voted to end it. What that means for you

Net neutrality - what does it really mean? TIME On Thursday, the Federal Communications Commission voted to roll back net neutrality regulations passed by the agency two years ago. Here are the answers to some frequently asked questions: Q: What is net neutrality? A: Net neutrality, or open Internet, is the principle that Internet service providers (ISPs) [...]

2017-12-14T21:40:11+00:00 December 14th, 2017|

Disney to buy Fox film, TV businesses for $52 billion

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc. Traders work at the post [...]

2017-12-14T16:10:49+00:00 December 14th, 2017|

Federal Reserve raises interest rates for third time in 2017

Fed chair Janet Yellen said Wednesday "there is less to lose sleep about now" concerning the domestic economy. File Photo by Kevin Dietsch/UPI | License Photo Dec. 14 (UPI) -- With the labor market strengthening and economic activity rising at a solid rate, the Federal Reserve on Wednesday announced the third rate-hike of the year. The announcement explains that jobs gains [...]

2017-12-14T15:40:24+00:00 December 14th, 2017|

Electric Car Range May Soon Triple, Thanks to New Research

BRIEF A major difficulty in electric vehicle adoption is their battery capacity and range. One new study could help us potentially triple electric car range, hopefully supporting the global break from fossil fuels. BATTERY BREAKTHROUGHS As increasingly more companies and governments move to reduce dependence on fossil fuels, it is becoming apparent that electric car [...]

2017-12-13T16:30:40+00:00 December 13th, 2017|

PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

Revealed: Tesla's new electric semi truck Tesla CEO Elon Musk hopped out of the first fully electric semi truck at SpaceX headquarters, unveiling the Tesla Semi. Musk promised that the truck will help transform the trucking industry and improve safety. Here's what it's all about. PepsiCo Inc (PEP) has reserved 100 of Tesla Inc's (TSLA) [...]

2017-12-13T15:51:15+00:00 December 13th, 2017|

What Apple is likely to do with Shazam, the early name-that-tune iPhone app

What Apple is likely to do with Shazam, the early name-that-tune iPhone app  2017-12-11 23:30 UTC by USA TODAY One of the earliest apps, for music discovery, faded in use as more listeners switched to Pandora then Spotify.       Apple is reportedly buying music recognition app Shazam, a move that could allow it to integrate [...]

2017-12-12T15:29:39+00:00 December 12th, 2017|

Treasury Department says GOP tax plan will pay for

Treasury Secretary Steve Mnuchin arrives to attend a press conference at the White House on October 17. On Monday, the Treasury Department released a one-page memo defending the GOP tax plan. Photo by Kevin Dietsch/UPI  Dec. 11 (UPI) -- The Treasury Department released a one-page analysis of the Republican-led Senate tax plan Monday that says the [...]

2017-12-12T02:29:23+00:00 December 12th, 2017|

VW executive sentenced to 7 years for

Former VW executive Oliver Schmidt, 48, has been sentenced to seven year in prison and fined 400,000 US dollar for his role in the company's emissions scandal. Photo courtesy of the Volkswagen Group of America/EPA  Dec. 6 (UPI) -- A federal judge sentenced a former Volkswagen executive to 7 years in prison Wednesday for his role [...]

2017-12-07T22:28:12+00:00 December 7th, 2017|

Anheuser-Busch orders 40 new electric Tesla semis

2 of 3 Tesla's electric semi-truck, announced last month, can go 500 miles with a full load at highway speeds -- twice the distance of most U.S. freight routes. Photo by Tesla/UPI  | License Photo Dec. 7 (UPI) -- To reduce its carbon footprint, beer maker Anheuser-Busch said Thursday it's ordered 40 new, fully electric Tesla semis equipped [...]

2017-12-07T22:21:51+00:00 December 7th, 2017|