Business News

'Swindon's finished': UK town in shock over Honda plant closure

"It is going to be a disaster," Mary Day warned, capturing the sense of doom that descended on the working class English town of Swindon after Honda announced it was closing its local plant ...

Tue 19 Feb 19 from

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SEC charges former Apple exec with insider trading

The lawsuit alleges Gene Levoff profited and avoid losses of approximately $382,000 by illegally exploiting corporate information.

Wed 13 Feb 19 from The Washington Post

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Tesla’s top attorney leaves after two months on job due to ‘poor cultural fit’

Tesla’s general counsel, a veteran trial lawyer, has been replaced with a company insider just two months after taking the post. Dane Butswinkas, who was named Tesla general counsel in ...

23 hours ago from TechCrunch

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Digital to overtake traditional advertising in US: tracker

Spending on digital advertising is set to overtake that of traditional media in the United States for the first time in 2019, in a major milestone for the industry, a market tracker said Wednesday.

Wed 20 Feb 19 from

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Apple and Samsung lose ground in smartphone market as Chinese rivals pile on pressure

Data from research firm Gartner showed that across the whole of 2018, Samsung’s market share fell from 20.9 percent to 19 percent, while Apple went from 14 percent to 13.4 percent. Gartner ...

5 hours ago from Techspot

Other sources: Techspot, HotHardware show all (3) »

Amid layoffs, Blizzard won’t release a “major” new game in 2019

Work continues on existing titles, future Warcraft, Diablo games.

Wed 13 Feb 19 from Arstechnica

Other sources: HotHardware (2), BBC Technology, CNET Cutting Edge, Arstechnica (2), The Verge show all (8) »

Lyft set for March market debut: report

Lyft is preparing to list its shares on the Nasdaq exchange as early as next month, jumping ahead of ride-hailing rival Uber, the Wall Street Journal reported Wednesday.

12 hours ago from

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Daimler faces mega fine in diesel probe

Mercedes-Benz parent company Daimler could be set for a massive fine in Germany over diesel trickery, as prosecutors confirmed Wednesday they had opened a probe similar to one that cost Volkswagen ...

Wed 20 Feb 19 from

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Indivior launches generic version of its Suboxone opioid drug

British drugmaker Indivior Plc said on Wednesday it had launched a copycat version of its blockbuster opioid addiction drug Suboxone in the United States, just one day after a court decision ...

Wed 20 Feb 19 from Reuters

Other sources: Reuters (2), Reuters Health show all (3) »

MLG cofounder Mike Sepso joins 100 Thieves board of directors

Mike Sepso has joined the board of directors for 100 Thieves, an esports and content creation brand. Sepso cofounded Major League Gaming in 2002, bringing the first true semblance of infrastructure ...

Wed 20 Feb 19 from TechCrunch

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