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Uber's CEO Search Reaches New Degree of Difficulty
28 Jul 2017 at 2:56pm
A multibillion-dollar investment offer by SoftBank is further complicating recruitment efforts at Uber that are already bogged down by legal challenges, a lack of direction and divisions over what the company needs in a leader.

Tesla Model 3 Test Drive: Car Has Bite and Simple Interior
28 Jul 2017 at 11:12pm
A first peek inside Tesla?s new Model 3 compact car revealed a starker, cozier interior than the more spacious and luxurious Model S.But as the sedan sped off, the experience felt similar.

Toshiba Agrees to Provide Notice to Western Digital in Chip-Unit Sale
28 Jul 2017 at 5:10pm
Toshiba and Western Digital reached a partial truce in their dispute over their memory-chip joint venture in Japan, with Toshiba agreeing to provide notice before it concludes any deal to sell its interest in the venture.

Wisconsin Governor Calls Special Session for Foxconn Incentive Package
29 Jul 2017 at 12:58am
Wisconsin Gov. Scott Walker on Friday called a special legislative session next week focused on a multibillion-dollar incentive package for an industrial facility announced this week by Foxconn Technology Group.

China's Next Target: U.S. Microchip Hegemony
28 Jul 2017 at 12:55am
The semiconductor industry, a stalwart of the global economy, is succumbing to fierce nationalistic competition, as China aims to dominate the market as it did with steel and solar panels. Washington, in an unusual show of bipartisanship, is fighting back.

Amazon's Expansion Costs Take a Toll
28 Jul 2017 at 1:59am
Amazon said quarterly profit fell 77% even as sales jumped, a sign of the high cost of its increasing dominance of retail. The company posted $197 million in profit as it spent on new warehouses, delivery capacity and data centers.

Trump Comments on U.S. Factories Make It Awkward for Apple
27 Jul 2017 at 11:00pm
Thanks to comments made by President Donald Trump, Apple suddenly faces new pressure to build factories in the U.S.

Laurene Powell Jobs Buys Majority Stake in the Atlantic
28 Jul 2017 at 12:46pm
Laurene Powell Jobs?s philanthropic organization, the Emerson Collective, is purchasing an undisclosed stake in the Atlantic magazine and its website from David Bradley.

Rocket Maker SpaceX's Valuation Soars to $21 Billion
28 Jul 2017 at 9:51am
SpaceX has raised as much as $350 million in a new round of financing that boosted the company?s valuation, a vote of confidence for founder Elon Musk who is seeking to prove the rocket maker can become a major satellite operator.

Toshiba Bankruptcy Filing Pushed by Some Involved in Workout
27 Jul 2017 at 11:18pm
With Toshiba?s effort to raise cash by selling its chip unit stalled, a number of creditors and others involved in its restructuring are pushing for a bankruptcy filing as the best path to rebirth.

U.S. Targets Bitcoin Exchange, Alleging It Facilitated Crime
28 Jul 2017 at 7:48am
U.S. law-enforcement authorities took aim at one of the world?s largest digital-currency exchanges this week in an anti-money-laundering operation that spanned two continents.

Baidu Profit Rises in Rebound From Beijing Crackdown
28 Jul 2017 at 1:23am
Chinese search giant Baidu has bounced back from a medical scandal that dragged down earnings, posting its first profit increase in three quarters.

Twitter's Election-Fueled Growth Fizzles
27 Jul 2017 at 4:44pm
Twitter posted no meaningful increase in users after getting a bump three months ago from the U.S. presidential election, sending shares down 11% and stressing the challenges the social-media company faces.

Intel Finds Room to Boost Revenue
27 Jul 2017 at 4:04pm
Intel Corp. said adjusted quarterly profit increased as the company posted revenue growth in many of its units despite growing competition in core markets.

North Korea's New Hacking Target: Bank Accounts
27 Jul 2017 at 2:15pm
Pyongyang?s cyberarmy has splintered into multiple groups and is unleashing orchestrated attacks increasingly focused on funneling stolen funds to the secretive nation, according to a government-backed South Korean report.

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