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Top Tesla analyst Jonas takes a few guesses at what the big announcement on Thursday will be

Aly Song | Reuters Tesla CEO Elon Musk and Shanghai’s Mayor Ying Yong attend the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Widely followed analyst Adam Jonas took some guesses at what the big announcement from Tesla will be on Thursday afternoon. Jonas believes it could …

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Uber and Lyft drivers will reportedly get stock in the highly anticipated IPOs

Lane Turner | Boston Globe | Getty Images A driver with placards for both Lyft and Uber waits for a traffic light outside South Station in Boston after picking up a passenger. Ride-hailing companies Uber Technologies and Lyft will give some of their drivers a chance to participate in their …

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Fitbit shares plunge on weak first-quarter guidance

Michael Nagle | Bloomberg | Getty Images James Park, chief executive officer of Fitbit Inc. Fitbit shares plunged in extended trading after the maker of wearable fitness devices provided a weaker-than-expected forecast. The shares sank another 12 percent after hours to $6.08. Fitbit said sales in the first quarter will …

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India-Pakistan online war includes hacks, social media

Mukhtar Khan | AP An Indian army solider walks past the wreckage of an Indian aircraft after it crashed in Budgam area, outskirts of Srinagar, Indian controlled Kashmir, Wednesday, Feb.27, 2019. A decades-long conflict between India and Pakistan has escalated this week, with India reporting airstrikes against Pakistan. Both are …

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Top US official urges allies to reject “deceitful” Huawei

Lluis Gene | AFP | Getty Images Visitors pass in front of the Huawei’s stand on the first day of the Mobile World Congress in Barcelonaon on February 27, 2017 in Barcelona. A top U.S. government official made the case against Huawei at the Mobile World Congress in Barcelona, the …

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EBay close to settlement with activists, Elliott board seats possible

Bloomberg |  Getty Images eBay’s headquarters in San Jose, California, U.S. EBay is closing in on a settlement with activist hedge funds Starboard and Elliott Management that could be announced as soon as Friday, according to people familiar with the matter. EBay may announce separate settlements with Starboard and Elliott, …

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Energizer P18K Pop packs 18,000mAh battery

Emilio Morenatti | AP A worker holds a new model of P18K POP Energizer phone, with 18,000mAh battery, at the Mobile World Congress wireless show, in Barcelona, Spain, Tuesday, Feb. 26, 2019. Forget phones that fold. A company called Avenir Telecom is building a phone with a comically large battery …

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M&S and Ocado in talks over British retail joint venture

Gareth Fuller | PA Images via Getty Images A view of the Marks & Spencer branch in Ashford, Kent. British retailer Marks & Spencer is in talks with online supermarket Ocado to secure a food delivery service for the first time, sending shares in both groups soaring. The companies released …

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Facebook, Instagram remove UK far-right activist Tommy Robinson

Jack Taylor | Getty Images Far-right figurehead Tommy Robinson, real name Stephen Yaxley-Lennon, greets supporters outside the Old Bailey after his case was adjourned on September 27, 2018 in London, England. Facebook pulled the official page and Instagram account belonging to British far-right activist Tommy Robinson, citing its policies around …

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China’s Xiaomi to triple store count in Europe this year

Chinese tech firms Huawei and ZTE are under intense scrutiny from the U.S. government out of fear their devices will enable spying from the Chinese government, leaving many Americans skeptical of Chinese brands. In response, companies like Huawei, Xiaomi and Oppo are buckling down on Europe. “The political situation between …

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