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Finance

The dashcam footage of the accident showed the Uber vehicle operator appearing to be distracted, then gasping in horror seconds before the impact. Tempe police are investigating the incident, along with the National Transportation Safety Board and National Highway Traffic Safety Administration. Uber notified the California DMV about its decision in a letter.
  • Facebook in crisis mode post Cambridge Analytica scandal

    Facebook in crisis mode post Cambridge Analytica scandal

    Finance

    While the actions are likely temporary, they're one more piece of the growing headache for Facebook since news of the leak broke a week ago. There is also an upward trend in related keywords including "how to completely delete a facebook account" and "how to delete an account n facebook".
  • Saudis, SoftBank Announce World's Largest Solar Power Project

    Saudis, SoftBank Announce World's Largest Solar Power Project

    Finance

    The project is expected to have the capacity to produce up to 200 gigawatts (GW) by 2030, Softbank's CEO Masayoshi Son told reporters in NY. The ample sunshine and land and Saudi Arabia's pool of engineers and skilled workers make the foray into solar there lucrative, Son said.
  • Oracle Wins Revival of Billion-Dollar Case Against Google

    Oracle Wins Revival of Billion-Dollar Case Against Google

    Finance

    In the last three months, insiders executed a total of 9 trades. Oracle (NYSE: ORCL ) was downgraded by investment analysts at Bank of America from a "buy" rating to a "neutral" rating in a report issued on Tuesday, March 20th, MarketBeat reports.
  • Sandberg says she regrets not speaking out sooner

    Sandberg says she regrets not speaking out sooner

    Finance

    Before rushing to judgment on the latest surge of disclosures about Facebook data and how it was used by Cambridge Analytica, everyone should take a deep breath. "The new AI tools we built after the 2016 elections found, I think, more than 30,000 fake accounts that we believe were linked to Russian sources who were trying to do the same kind of tactics they did in the United States in the 2016 election".
  • Volkswagen gives green light to convertible T-Roc

    Volkswagen gives green light to convertible T-Roc

    Finance

    Currently, the plant oversees part-production of the Porsche Cayenne and Cayman , the Skoda Fabia and the VW Tiguan , before the model is finished in Wolfsburg . "With the cabriolet based on the T-Roc, we will be adding a highly emotional model to the range". The T-Roc convertible is expected to feature just two doors, a smaller boot to accommodate the fabric top, and is likely to be heavier than the conventional version, thanks to the amount of chassis strengthening it will need to ...
  • NTSB Investigating Tesla That Caught Fire In California Crash; Stock Down

    NTSB Investigating Tesla That Caught Fire In California Crash; Stock Down

    Finance

    The rating agency cited the "significant shortfall" in the production rate of its Model 3 sedan, whose rollout the US$1.8bn bond issue was largely meant to finance. Prospects for addressing its liquidity requirements (whether equity, convertible notes or debt) will be supported if the company can establish credibility for reaching Model 3 production levels - 2,500 per week by the end of March, and 5,000 per week by the end of June.
  • More than 30 feared dead in PNG quake

    More than 30 feared dead in PNG quake

    Finance

    It didn't yet know if there were any fatalities. "A magnitude 7.5 event as this was should have ruptured massive areas of the crust (at least 80 km long) and propagated all the way to the surface", he said. Authorities also said more than 300 people were injured and many and properties were destroyed during the quake, and that the had been in contact with the region by satellite phone as other lines were down.
  • Brookfield strikes deal to buy rest of mall owner GGP

    Brookfield strikes deal to buy rest of mall owner GGP

    Finance

    BPY's per unit distribution is more than 40 per cent higher than the per-share dividend received by GGP shareholders. Brookfield Property Partners' portfolio features some of the world's best-known commercial properties. Brookfield plans to create a new real estate investment trust under the ticker " BPR ", which will qualify as a REIT for tax purposes and issue shares in this transaction.
  • Uber introduces in-app tipping in SA

    Finance

    I've driven in this particular Safeway parking lot at the busy intersection of Church and Market streets many times, and it's admittedly unclear how to get out of the lot, but it's not drive-down-a-staircase unclear. Passengers wanting to make use of in-app tipping must make sure they have downloaded the latest version of the Uber app. Tips go directly to drivers and couriers - Uber receives no service fees.