The Verge

Panasonic Corporation (OTC: PCRFY) is looking to restart production at Tesla Inc.'s (NASDAQ: TSLA) New York manufacturing plant on Wednesday, the Verge reported Tuesday. What Happened The Japanese electronics giant will spend the first two days performing equipment checks, and standard...

Facebook Inc. (NASDAQ: FB) late Friday announced it had acquired popular graphics interchange format, or GIF, files platform Giphy. What Happened According to Axios, which first reported the news, Facebook has shelled $400 million for the animated images database and search engine. Facebook...

Facebook Inc. (NASDAQ: FB) has agreed to settle a class action filed on behalf of content moderators who said their mental health suffered on the job, the law firms involved in the case announced Tuesday. Settlement To Fund Mental Health Treatment The social media company will pay $52 million...

Zoom Video Communications Inc. (NASDAQ: ZM) has admitted that a blog post stating it had 300 million daily active users was wrong. What Happened The video conferencing app Zoom posted factually incorrect information on a blog post regarding its daily active users, which it has since...

Silicon Valley-based startup Zoox on Tuesday agreed for reconciliation with Tesla Inc. (NASDAQ: TSLA) over the latter's claims of wrongful possession of proprietary information. What Happened In March 2019, Tesla had charged four of its former employees and Zoox of stealing...

Facebook Inc. (NASDAQ: FB) will pay users $5 for sharing their voice recordings, the company announced Thursday. What Happened The voice recordings would be used for improving Facebook's speech recognition technology, as first reported by The Verge. Users of Facebook's Viewpoints app, aimed...

Amazon Inc. (NASDAQ: AMZN) CEO Jeff Bezos will commit $10 billion to fight climate change. What Happened Bezos wants to support scientists, activists, and NGOs in a global initiative beginning this summer. He will commit $10 billion for his Bezos Earth Fund to “explore new ways of fighting...

Tesla Inc. (NASDAQ: TSLA) remotely removed autopilot features from a customer's car without their knowledge because the automaker judged that the user had not paid for them, Jalopnik reported Thursday. What Happened According to Jalopnik, a customer, which it called Alec, purchased a used 2017...

Twitter Inc (NYSE: TWTR) has admitted that it temporarily allowed ad targeting with sensitive terms such as "neo-Nazi," “white supremacist” and “anti-gay,” according The Verge. BBC Tests Keywords On Twitter  In the BBC’s latest...

Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) is leaving no stone unturned as it wrestles with a weak domestic EV market and softer macroeconomic fundamentals. Apart from stepping up focus on services and innovation, which was evident from Nio's  tie-up with...

Tesla Inc (NASDAQ: TSLA) is planning its fourth gigafactory to be located in Berlin, Elon Musk confirmed at an event in Germany on Tuesday. What Happened “Everyone knows that German engineering is outstanding, for sure. That’s part of the reason why we are locating our Gigafactory...

Twitter, Inc. (NYSE: TWTR) CEO Jack Dorsey has invested in startup CoinList, the Wall Street Journal reported Wednesday.  What Happened CoinList, founded in October 2017, helps digital asset startups raise money through token sales — a controversial method of fundraising that is...

Snap Inc (NYSE: SNAP) shares are falling on Thursday amid the latest battle with Facebook Inc's (NASDAQ: FB) Instagram. Instagram has a history of copying innovative features from Snapchat, including filters and stories. The company is at it again, introducing Threads, a new messaging app for...

Amazon.com, Inc. (NASDAQ: AMZN) rolled out the Echo Studio speaker at its annual hardware showcase Wednesday, with prices starting at $199. Sonos (NASDAQ: SONO) shares fell by 2.8% on the news.  The Verge, which is reporting live from the event, said the Echo Studio is the latest entry to...

Self-driving startup Drive.ai was days away from shutting down its operations before it was acquired by Apple Inc. (NASDAQ: AAPL), according to The Verge. What Happened Drive.ai was founded in 2015 by machine learning researchers at Stanford University and is among the more exciting...