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Monthly Archives: September 2018

People in Silicon Valley say Facebook is hated and broke trust

Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France.  A number of people in Silicon Valley hate Facebook …

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Intel interim CEO says chipmaker has supply to meet its full-year revenue outlook

David Paul Morris | Bloomberg | Getty Images Attendees view the Acer Switch 7 laptop computer powered by the Intel Corp. i7 processor at the company’s booth during the 2018 Consumer Electronics Show (CES) in Las Vegas. Intel’s interim CEO Bob Swan says the chipmaker has enough supply to meet …

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Evercore ISI hikes Nvidia price target to $400, citing A.I. leadership

David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, CEO, Nvidia Nvidia shares will soar due to the company’s booming chip sales in key high-growth technology markets, according to Evercore ISI. The research firm reiterated its outperform rating and increased its price target for Nvidia shares to $400 from …

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Jeff Flake will support Supreme Court nominee Brett Kavanaugh

Win McNamee | Getty Images Senate Judiciary Committee member Sen. Jeff Flake (R-AZ) questions Judge Brett Kavanaugh during his Supreme Court confirmation hearing in the Dirksen Senate Office Building on Capitol Hill September 27, 2018 in Washington, DC. Sen. Jeff Flake will support Supreme Court nominee Brett Kavanaugh, securing a …

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SEC fraud charges aren’t the only legal woes Tesla CEO Elon Musk faces

Joshua Lott | Getty Images Engineer and tech entrepreneur Elon Musk of The Boring Company talks about constructing a high speed transit tunnel at Block 37 during a news conference on June 14, 2018 in Chicago, Illinois. The SEC lawsuit against Elon Musk for alleged fraud isn’t the only legal …

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He ‘showed America exactly why I nominated him’

Saul Loeb | AFP | Getty Images US Judge Brett Kavanaugh (L) shakes hands with US President Donald Trump after being nominated to the Supreme Court in the East Room of the White House on July 9, 2018 in Washington, DC.  President Donald Trump expressed support for his Supreme Court …

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Citi downgrades Tesla to sell

FilmMagic | HBO | Getty Images Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. Citigroup downgraded Tesla’s stock to a sell rating from neutral Friday in light of a suit filed by the Securities and …

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Air Niugini plane crashes in Micronesia lagoon, everyone survives 

James Yaingeluo | via REUTERS People are evacuated from an Air Niugini plane crashed in the waters in Weno, Chuuk, Micronesia, September 28, 2018 in this picture obtained from social media.  An Air Niugini plane crashed in a lagoon off the Federal States of Micronesia after missing the runway while …

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SEC says Tesla’s Elon Musk chose $420 price as pot reference

Beck Diefenbach | Reuters Elon Musk, CEO of Tesla.  According to Lindland, it’s unlikely that Musk would choose to step down from the top role. She added that she also does not see Tesla’s board asking for his removal. Shares fell sharply in after-hours trading Thursday. A large part of …

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Facebook head of policy Joel Kaplan attended Kavanaugh hearings

REUTERS/Jim Bourg Facebook policy head Joel Kaplan (circled) listens to testimony of Brett Kavanaugh before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., September 27, 2018.  Facebook’s head of policy, Joel Kaplan, was sitting in the U.S. Senate gallery Thursday behind Judge Brett Kavanaugh as he …

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