WASHINGTON (AP) — House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices. In a letter to Bezos on...
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Twitter stock slips amid pandemic-caused revenue uncertainty
OAKLAND, Calif. (AP) — Twitter’s stock tumbled Thursday after the company failed to show that it’s weathering the pandemic-borne digital advertising slump the same way its bigger rivals Facebook and Google are. The San...
READ MORENokia profit up; sales dip with coronavirus supply issues
HELSINKI (AP) — Finnish telecom equipment maker Nokia has reported improved first quarter profit but said the COVID-19 pandemic dented sales by around 200 million euros ($218 million) mainly due to supply issues associated with...
READ MOREVW car sales, profits plunge during coronavirus crisis
FRANKFURT, Germany (AP) — Automaker Volkswagen saw car sales and operating profit plunge in the first quarter as the coronavirus outbreak closed dealerships and halted production. But the company said it had strong cash reserves and aimed...
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Airbus says virus aviation crisis still at ‘early stage’
PARIS (AP) — Airbus says the aviation industry’s unprecedented troubles are just beginning.The European manufacturing giant reported 481 million euros ($515 million) in losses in the first quarter, put thousands of workers on...
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Tesla says cars can automatically stop for traffic lights
DETROIT (AP) — After testing on public roads, Tesla is rolling out a new feature of its partially automated driving system designed to spot stop signs and traffic signals.The update of the electric car company’s cruise control and...
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