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Tesla Results Miss Expectations, Shares Fall 10%

By Chris Noble
· · Source: Reuters

Tesla reported second-quarter results that were well below what analysts expected and said it would focus on delivering more cars and building capacity in the third quarter. The focus on expansion and more deliveries rather than the bottom line appeared to undermine investor confidence that the company could meet its previously stated goal of returning to profit in the second half of the year....

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The Briefing
What TikTok Ban Means for Google, Facebook, Apple: The Information’s Tech Briefing
By The Information Staff · Sept. 18, 2020 6:02 PM PDT

The Trump administration’s order to ban new downloads of TikTok and WeChat has raised an important question for the likes of Apple, Google, Facebook, Amazon and Netflix: Should they file a legal challenge to the order?

Banning foreign-owned apps has near-term implications for Apple, which faces the prospect that iPhone owners who rely on WeChat to communicate with friends or family in ...

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