Tesla executive Omead Afshar, right hand man to Elon Musk, is expected to leave the electric vehicle maker following an internal probe into his role in purchasing construction materials, Bloomberg reported Thursday. Afshar, a senior director to the office of the CEO, held a unique role at Tesla where he acted as a proxy to Musk and often filled in to manage day-to-day affairs when Musk was...
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Why Cellular Carriers are Apple's Best Friend
This was not a day for Apple fans. Shares of the iPhone maker dipped just over 1% even as the rest of the market rallied, after Bloomberg reported that demand for the new line of iPhones was turning out to be weaker than expected. As a result, Apple won’t make as many devices as anticipated. This is supposedly the result of belt-tightening among consumers globally, at least partly. But as...
Chinese Video App Bilibili to Change Hong Kong Listing Status
Apple Removes Russia’s Largest Social Media App
TripActions Said to File Confidentially for IPO
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