Edition:
United Kingdom

Vibhuti Sharma

Oracle co-CEO Mark Hurd dies at 62

19 Oct 2019

Oracle Corp's 62-year-old co-chief Mark Hurd died on Friday morning, the company said, an unexpected development that raises pressure on co-CEO Safra Catz to lead the business software maker's ongoing transition to cloud computing. | Video

Troubles with Tesla's automated parking feature summon safety regulators

03 Oct 2019

WASHINGTON/BENGALURU U.S. regulators are looking into parking lot crashes involving Tesla Inc cars driving themselves to their owners using the company's Smart Summon feature, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. | Video

Tesla deliveries miss Wall Street estimates; shares fall 6%

03 Oct 2019

Electric car company Tesla Inc said on Wednesday its deliveries rose less than 2% in the third quarter, missing Wall Street estimates and sending its shares down nearly 6% in trading after the bell. | Video

Tesla rival Nio tumbles to record low after deliveries disappoint

24 Sep 2019

U.S.-listed shares of Tesla rival Nio Inc tumbled 25% on Tuesday after the Chinese electric carmaker posted a drop in quarterly vehicle sales, blaming a cut in subsidies and weak demand.

Uber loses $5 billion, misses Wall Street targets despite easing price war

09 Aug 2019

Uber Technologies Inc reported a record $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%. | Video

Uber quarterly revenue misses estimates, sees pricing pressure easing

08 Aug 2019

Aug 8 Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, but followed ride-hailing rival Lyft Inc in saying that the pricing pressure is easing.

Lyft's scooters steering new customers to ride-hailing, but winter is coming

08 Aug 2019

A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the core ride-hailing business.

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