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Tesla Registrations Fall in China Amidst Rising Local Competition

The registered number of Teslas built in China in July fell 24% from June to 11,456, still outpacing most domestic rivals. The figure gives some indication of the health of Tesla’s business in China, which has been key to driving the soaring stock market value of the upstart electric vehicle maker. Tesla does not release monthly sales figures for China. Tesla started manufacturing in January in...

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Zoom Executives Have Discussed an Expansion Into Contact Center Market
Zoom CEO Eric Yuan. Photo by Bloomberg
Zoom Video Communications’ pockets are full of cash after a $2 billion secondary offering of its shares last month. But where will it spend the money? One possibility: an acquisition of one or more companies in the contact center market, a fast-growing software business that helps companies field customer service requests through phone, email, text message, social media and video. Over...
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