On Thursday night, Tesla CEO Elon Musk set his sights on the future as his sleek, self-driving Cybercab drove through a staged city street at Warner Bros. Studios in Burbank, Calif. — but the flashy display wasn’t quite enough to truly woo investors. The Cybercab, a robotaxi, is an autonomous, shiny, two-seater vehicle with double…
Four cryptocurrency companies and 14 individuals have been charged in what U.S. prosecutors on Wednesday called the first criminal prosecution of financial services firms for market manipulation and sham trading in the crypto sector. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and MyTrade and their leaders and employees in a…
The United States on Friday said it has requested trade dispute settlement consultations with Canada over its new digital services tax, which the Biden administration suggested was inconsistent with Canada’s North American trade obligations. U.S. Trade Representative Katherine Tai’s office said in a statement that it will work with Canada to resolve U.S. concerns over…
A U.S. appeals court revived on Tuesday a lawsuit filed by the mother of a 10-year-old Pennsylvania girl who died attempting a viral challenge she allegedly saw on TikTok that dared people to choke themselves until they lost consciousness. While federal law generally protects online publishers from liability for content posted by others, the court…
Descrease article font size Increase article font size Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented its place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company reported a net income of to $16.6…
Descrease article font size Increase article font size Shopify SHOP.TO beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its U.S. shares up 17% before the bell on Wednesday. The Canadian company, which helps small and medium businesses build an online store as well as sell,…
