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John Lasseter takes leave of absence from Pixar: Hollywood Reporter

Jason LaVeris | FilmMagic John Lasseter attends the premiere of ‘Coco’ at El Capitan Theatre on November 8, 2017 in Los Angeles, California. John Lasseter said he is taking a leave of absence from Pixar after several “painful” conversations and “missteps,” according to a memo he wrote to his staff. …

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Tesla could surge to $400 and then get cut in half

David Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors Inc. Tesla shareholders are in for a roller-coaster ride next year, according to the most widely followed analyst covering the stock. Morgan Stanley reiterated its equal weight rating for electric car maker’s …

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Stock that’s up almost 120 percent this year has way more room to run: Technician

Chip stocks have been on fire this year, and one technician says the hottest name in the group is showing no signs of cooling off. Micron is the best-performing technology stock this year, up nearly 120 percent, and according to Rich Ross of Evercore ISI, the stock has could rally …

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Billionaire Mark Cuban says the ‘big losers’ of the move to block the AT&T-Time Warner merger are Facebook and Google

Jonathan Daniel | Getty Images Owner Mark Cuban of the Dallas Mavericks watces as his team takes on the Chicago Bulls at the United Center on January 15, 2016 in Chicago, Illinois. Dallas Mavericks owner Mark Cuban believes Facebook and Alphabet’s Google unit will be “big losers” of the Department …

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FCC Chairman Ajit Pai will reveal plans to dismantle net neutrality

Brad Quick | CNBC Ajit Pai, at the Mobile World Congress in Barcelona, Spain on February 28, 2017. Federal regulators are expected to scrap Obama-era rules that require internet service providers to treat all web traffic equally, according to Politco. Federal Communications Commission (FCC) Chairman Ajit Pai, who was appointed …

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Square’s stock is up 220% this year, but charts point to trouble

It’s been hip to be Square this year. Shares of the mobile payment stock have surged 222 percent in 2017, including 13 percent last week alone following the announcement that it would begin testing bitcoin on its app and a big analyst upgrade. Evercore ISI upgraded Square to outperform on …

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Tencent becomes first Asian company to be valued over $500 billion

ChinaFotoPress | Getty Images ‘Pony’ Ma Huateng, Chairman and Chief Executive Officer of Tencent Holdings Ltd. Tencent shares hit a record high Monday, bringing its valuation to over $500 billion. The technology firm is the first from China to reach the landmark valuation as it closes in on the likes …

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Tesla Semi claims a number of ‘firsts’ for trucking industry

Alexandria Sage | Reuters Tesla’s new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. There are still plenty of questions about Tesla’s new Semi, but there is no doubt it is innovative, and represents a number of firsts for the trucking industry, says …

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EA scraps in-game purchases for now

Chesnot | Getty Images Gamers play the video game ‘Star Wars Battlefront II’ developed by DICE, Criterion Games and Motive Studios and published by Electronics Arts on Sony PlayStation game consoles PS4 Pro during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. EA has temporarily scrapped a …

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Amazon quietly launched an app called Relay to go after truck drivers

Michael Nagle | Bloomberg | Getty Images A truck drives past the Amazon.com fulfillment center in Robbinsville, New Jersey, Nov. 30, 2015. Amazon has quietly launched an app designed to help truck delivery drivers get in and out of warehouses faster. The app, called Relay, rolled out late last month …

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