INFBusiness

(Reuters) – Tesla Inc on Tuesday announced a five-for-one stock split, sending the electric carmaker’s recently high-flying shares up 7% in extended trade. Tesla’s stock, which traded at $1,475 after the announcement, is among the highest priced on Wall Street,…

NEW YORK/WASHINGTON (Reuters) – President Donald Trump’s executive order banning China’s TikTok could prevent U.S. app stores from offering the popular short-video app and make advertising on the platform illegal, according to a White House document seen by Reuters. Trump…

(Reuters) – Tesla Inc on Tuesday announced a five-for-one stock split, as the electric carmaker looks to make its shares more attractive to retail investors following a stunning rally this year. Shares of the company, which have more than tripled…

(Reuters) – Facebook Inc (FB.O) said on Tuesday it removed 7 million posts in the second quarter for sharing false information about the novel coronavirus, including content that promoted fake preventative measures and exaggerated cures. It released the data as…

(Reuters) – President Donald Trump has threatened to ban the short-video app TikTok and messaging service WeChat by late September on grounds that the Chinese-owned apps pose a national security threat. It would mark the first time the United States…

(Reuters) – Instacart app users in some U.S. cities will now be able to shop for their bread, milk and eggs from Walmart Inc, a spokeswoman for the grocery delivery company confirmed on Tuesday. The pilot program in Los Angeles,…

WASHINGTON (Reuters) – Three Democratic members of the U.S. House of Representatives on Tuesday urged Facebook Inc to enact the policy recommendations of the company’s oversight board, empowering the independent group of advisers, which the lawmakers said have limited responsibilities.…

(Reuters) – A U.S. appeals court on Tuesday reversed a lower court ruling against chip supplier Qualcomm Inc in an antitrust lawsuit brought by the Federal Trade Commission. The U.S. Ninth Circuit Court of Appeals also vacated an injunction that…

(Reuters) – Facebook Inc (FB.O) said on Tuesday it removed 7 million posts in the second quarter for sharing false information about the novel coronavirus, including content that promoted fake preventative measures and exaggerated cures. Facebook released the data as…

(Reuters) – Twitter Inc (TWTR.N) on Tuesday rolled out a moderation feature that would allow its users to limit how many people can reply to their tweets, giving account-holders more control over conversations on their page. All accounts, including those…