Tesla's $1 trillion value a double bonanza for Musk | Reuters

Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters
Oct 25 (Reuters) – The surge in Tesla Inc's (TSLA.O) stock market value beyond $1 trillion on Monday is a double bonanza for Chief Executive Elon Musk, the electric car maker's largest shareholder.
The stock rallied 12.7% on news that Tesla landed its biggest-ever order from rental car company Hertz. read more […]
Tesla's $1 trillion value a double bonanza for Musk | Reuters

EU tech rules should curb cloud computing providers, study says

The logos of Amazon, Apple, Facebook and Google in a combination photo
BRUSSELS, Oct 26 (Reuters) – Draft EU rules to curb the power of Amazon (AMZN.O), Apple (AAPL.O), Alphabet (GOOGL.O) unit Google and Facebook (FB.O) should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday.
The report comes amid concerns that some EU lawmakers who are reviewing the Digital Markets Act (DMA) proposed by EU antitrust chief Margrethe Vestager may […]
EU tech rules should curb cloud computing providers, study says

Facebook knew about, failed to police, abusive content globally – documents | Reuters

Oct 25 (Reuters) – Facebook employees have warned for years that as the company raced to become a global service it was failing to police abusive content in countries where such speech was likely to cause the most harm, according to interviews with five former employees and internal company documents viewed by Reuters.
For over a decade, Facebook has pushed to become the world's dominant online platform. It currently operates in more than 190 countries and boasts more than 2.8 billion […]
Facebook knew about, failed to police, abusive content globally – documents | Reuters

Tesla zooms past $1 trillion market cap on bet that the EV future is now | Reuters

Oct 25 (Reuters) – Tesla Inc (TSLA.O) surpassed $1 trillion in market value on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next decade.
Tesla shares surged as much as 14.9% to $1,045.02, making it the world's most valuable automaker according to Reuters calculations based on its latest filing.
Even Tesla Chief Executive Elon Musk expressed […]
Tesla zooms past $1 trillion market cap on bet that the EV future is now | Reuters

Elon Musk Just Added $11 Billion in Wealth, Dominating the World's Richest List – Bloomberg Quint

(Bloomberg) — Elon Musk is pulling away from the rest of the world when it comes to personal wealth. 
Musk’s net worth rocketed to $223 billion, according to the Bloomberg Billionaires Index, after an agreement with investors valued his SpaceX in excess of $100 billion. 
The deal gives Musk an additional $10.6 billion, thanks to his ownership of the rocket company that he founded in 2002 with the goal of colonizing Mars. Amazon.com Inc.’s Jeff Bezos is No. 2 in the global ranking with […]
Elon Musk Just Added $11 Billion in Wealth, Dominating the World's Richest List – Bloomberg Quint