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Yesterday β€” March 22nd 2019Your RSS feeds

Musk's lawyers call tweet in SEC's contempt bid 'not material'

Elon Musk's lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and "not material."

Musk's lawyers call tweet in U.S. SEC's contempt bid 'not material'

Elon Musk's lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and not material.

Musk's lawyers say U.S. SEC has not met heavy burden to show contempt

Lawyers for Elon Musk said on Friday that the U.S. Securities and Exchange Commission had failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt of court.

Image sharing website Pinterest files for IPO

Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new stock offerings.

Google rival wants more details about Google's Android proposal

Czech search engine Seznam urged Google on Friday to disclose more details about its plan to boost rival search apps in Android smartphones, saying it continued to lose users due to what it said were Google's anti-competitive practices.

Pinterest files for IPO

Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new issues.

U.S. adds criminal charges against ex-Autonomy CEO Lynch

U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011.

Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored - sources

The European Commission will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks but will ignore U.S. calls to ban Huawei Technologies, four people familiar with the matter said on Friday.

Factbox - Apple's media ambition: Original shows, news subscription

Apple Inc is expected to unveil a new video streaming service and a news subscription platform at an event on Monday at its California headquarters.

Exclusive: Mexico central bank eyes Uber for mobile payment system

Mexico's central bank is working to include ride-hailing firm Uber Technologies Inc in a new mobile payments system at the heart of its financial inclusion strategy, the bank's chief said on Friday, building on overtures to Amazon.com Inc .

Autonomy founder Lynch set for $5 billion Hewlett-Packard court showdown

Mike Lynch, once hailed as Britain's answer to Bill Gates, faces Hewlett-Packard (HP) in London's High Court on Monday in a multi-billion dollar showdown over the U.S. technology company's 2011 purchase of the Autonomy software business he founded.

Nokia plays down compliance issues after shares drop

Nokia sought to play down the risks of an investigation into compliance issues at its Alcatel-Lucent business after its shares fell sharply on Friday.

Europe needs private A.I. champion, German minister tells paper

Europe needs to think about creating an artificial intelligence company that is able to keep up with global rivals, German Economy Minister Peter Altmaier told Tagesspiegel newspaper.

Europe must build world's best batteries to save jobs: German minister

German Economy Minister Peter Altmaier said Europe was under pressure in the race to set up production of battery cells for electric cars in order to keep up with China or the U.S., Tagesspiegel newspaper reported on Friday.

Pinterest steps up planning for IPO, aims to list shares on NYSE in April: WSJ

Image-search company Pinterest Inc has sped up the timing of its initial public offering, as it looks to tap into a red-hot market for new issues, the Wall Street Journal reported, citing people familiar with the matter.

Nokia shares dive on potential Alcatel-Lucent compliance issues

Finnish network equipment maker Nokia said on Friday it was looking into transactions at its former French rival Alcatel-Lucent which it acquired in 2016, after reporting possible compliance issues at the unit to U.S. authorities.

Nokia reports compliance issues at Alcatel-Lucent business

Finnish network equipment maker Nokia said on Friday it was looking into transactions at its former French rival Alcatel-Lucent which it acquired in 2016, after reporting possible compliance issues at the unit to U.S. authorities.

German minister on Facebook password glitch: Didn't expect such frightening unprofessionalism

Germany's Justice Minister on Friday said she would hardly have expected such "frightening unprofessionalism" from Facebook after the company acknowledged a glitch that exposed passwords of millions of users to its employees.

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