Technology

(Reuters) – Oracle Corp (ORCL.N) signaled a recovery in client spending as remote work spurred demand for cloud services as well as traditional licensing business, helping it beat expectations for first-quarter results and sending its shares up 5% on Thursday.…

BERLIN (Reuters) – Managers at electric carmaker Tesla Inc (TSLA.O) on Thursday demonstrated new supercharger equipment on a Berlin research campus, saying they were looking at more target cities to attract potential buyers worried about access to charging. “Now, as…

(Reuters) – Shares of Tesla jumped 5% on Thursday, winning back gains for a second day after suffering their worst one-session rout ever earlier this week. The electric car maker’s rise brought its two-day gain to 17%, far outperforming the…

HAMILTON, Bermuda (Reuters) – When the coronavirus pandemic hit and office workers were asked to work remotely, Abbie Shepherd saw it as an opportunity to swap London’s skyrises for something more exotic. Shepherd, who is chief of staff at Cameo,…

(Reuters) – Twitter Inc said on Thursday it would label or remove misinformation aiming to undermine confidence in the U.S. election, including posts claiming victory before results have been certified or inciting unlawful conduct to prevent a peaceful transfer of…

JERUSALEM (Reuters) – EverCompliant, a U.S.-Israeli electronic money laundering detection and prevention company, said on Thursday it raised $35 million in a private funding round led by Israeli venture capital firm Red Dot Capital Partners. New investor Maor Investments also…

LONDON (Reuters) – Tesla (TSLA.O) shares edged up on Thursday in U.S. premarket trade, extending a recovery from this week’s drop, but analysts see a bumpy ride ahead as an extreme build-up in derivative positions caps the stock and precludes…

NEW DELHI/DUBAI (Reuters) – India’s Reliance Industries Ltd (RELI.NS) has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday. The oil-to-telecoms conglomerate is looking…

ZURICH (Reuters) – Credit Suisse will launch a digital banking app in October challenging fintechs like Revolut in the Swiss bank’s home market by offering free foreign transactions and fully digital wealth management, the bank said on Thursday. Credit Suisse’s…

PARIS (Reuters) – France’s Citroen has a new vehicle it hopes will reach a market most major carmakers have not tapped – drivers as young as 14. The French automaker’s tiny two-seater Citroen Ami vehicle is powered by a modest…