Technology

(Reuters) – Tesla’s (TSLA.O) stock extended its recent rally on Wednesday following a surge in China car registrations and after Goldman Sachs initiated coverage of the electric car maker with a “buy” recommendation. Shares of the Silicon Valley automaker rose…

(Reuters) – Lyft Inc (LYFT.O) on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis. The U.S. company said the offer…

(Reuters) – A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion…

(Reuters) – American semiconductor firm Xilinx Inc said on Wednesday it had won a deal to supply chips to Samsung Electronics Co Ltd for 5G networking equipment. Financial terms of the deal were undisclosed. Xilinx makes programmable chips used in…

(Reuters) – Alphabet Inc’s (GOOGL.O) Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company’s staff in a memo on Wednesday. “We’ll be slowing down the pace of hiring, while maintaining momentum…

WASHINGTON (Reuters) – Smartphone software makers Alphabet’s Google and Apple will have to convince the public that any apps to help track who has been exposed to the new coronavirus will not lead to a violation of their privacy, Senator…

(Reuters) – A federal judge said Tesla Inc must face a lawsuit claiming it misled shareholders when Chief Executive Elon Musk tweeted in August 20

(Reuters) – Apple Inc (AAPL.O) on Wednesday released a smaller iPhone priced at $399, cutting the starting price for the company’s smartphone line in a move to broaden its appeal to budget-conscious customers as the coronavirus hobbles the global economy.…

PARIS (Reuters) – Amazon said on Wednesday it may temporarily close its warehouses in France after a court ordered the e-commerce giant to limit deliveries in the country to essential goods like food and medical supplies. The U.S. company is…

BERLIN (Reuters) – An Apple collaboration with Google will make it quicker to get systems for tracing coronavirus infections up and running, the prime mover behind a European effort to support the smartphone technology says. Technologists are racing to use…