Forbes

Tesla Inc. (NASDAQ: TSLA) is "very close" to achieving level 5 autonomous technology, Chief Executive Officer Elon Musk said Wednesday. What Happened Musk is confident that Tesla would attain the basic functionality of the technology by the end of this year, Reuters reported. The...

"Tech-oriented investors" are driving Tesla Inc.'s (NASDAQ: TSLA) stock price higher without understanding the implications of running a car company, Morgan Stanley analysts said in a note Tuesday, as reported by Forbes. The Tesla Analyst Morgan Stanley's Adam Jonas has maintained...

Alphabet Inc.'s (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Chrome web browser was discovered to be hosting multiple app extensions carrying spyware, Reuters reported Wednesday. What Happened The spyware apps were downloaded more than 32 million times and stole users' browsing history and...

Nikola Corporation (NASDAQ: NKLA) made a dream Wall Street debut last week.  Nikola's Strong Debut: Nikola, a manufacturer of battery-electric and hydrogen-electric vehicles, EV powertrains, energy storage systems and hydrogen fueling infrastructure, made its debut via an...

Forbes and Rocket Mortgage by Quicken Loans are partnering to develop solutions to challenges worsened by the coronavirus pandemic, the companies announced Wednesday.  The "Under 30 Detroit Hackathon: Accelerating Change” event aims to bring together the brightest entrepreneurs...

Apple Inc (NASDAQ: AAPL) has awarded $100,000 to an Indian hacker who found a serious vulnerability in the “Sign In With Apple” service. What Happened “Sign In With Apple” was introduced in June last year as part of iOS13. The Cupertino-based tech giant touted it as a...

Billionaire hedge fund manager Bill Ackman told investors on Wednesday his Pershing Square fund no longer holds any shares of Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B). Ackman's Rationale  Ackman made the decision to sell Pershing's roughly $1-billion...

Before the COVID-19 coronavirus became a global pandemic, markets were in an unrelenting uptrend. However, soon after world governments began introducing stay-at-home orders, forcing the closure of non-essential businesses and unemployment of millions, financial markets experienced a historic...

National Basketball Association team Los Angeles Lakers on Monday said it returned a $4.5 million loan granted to it as part of the federal government's novel coronavirus (COVID-19) relief efforts. What Happened "The Lakers qualified for and received a loan under the Payroll Protection...

The Chinese government has nationalized its large N95 mask manufacturers, making it difficult and expensive for importers in the United States to access the much needed medical product. What Happened iPromo, a large importer of N95 masks and other pandemic related medical goods, had orders...

The unemployment claims in the United States could increase to 37 million by the end of May, Goldman Sachs analysts have forecasted, Forbes reported on Wednesday. According to the investment firm, the number of claims filed on Thursday alone could increase by 5.5 million. That would bring the...

The coronavirus crisis has led to unprecedented demand for the services of e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN), sending its stock to record highs and its CEO Jeff Bezos’ net worth even higher. What Happened Bezos, the founder of Amazon and the world’s wealthiest...

Etsy Inc. (NASDAQ: ETSY) CEO Josh Silverman says that sellers and consumers of face masks are on a rampage amid COVID-19 pandemic. What Happened With 2.7 million sellers, online marketplace Etsy currently has almost 20,000 shops selling face masks as the Centres for Disease Control and Prevention...

The list of “30 under 30 Europe” honoring young people in 10 categories was released on Tuesday by Forbes. The 30 chosen young people highlight “the young, visionary leaders reinventing business and society.” The individuals come from 32 countries in Europe and were selected...

Antitrust authorities in France have fined Apple Inc. (NASDAQ: AAPL) $1.2 billion after finding the iPhone maker abused its economic position to prevent Premium resellers from selling at lower prices. What Happened Apple, along with two of its wholesalers, was accused of controlling...