Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the effort, even as chief executive Mark Zuckerberg ramps up criticism of a country that blocks the social network.
Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the effort, even as chief executive Mark Zuckerberg ramps up criticism of a country that blocks the social network. The team at Facebook’s Asia-Pacific headquarters is tasked with developing better ad-buying tools for Chinese customers who have to work around internet restrictions in China known as the “great firewall,” the sources said. One of the people described it as Facebook’s first significant attempt at developing regionally localized ads tools outside of its …read more […]
Tokyo prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn’s wife Carole for allegedly lying in testimony, as officials sought ways to bring the fugitive car industry boss back for trial on financial misconduct charges.
Nissan Motor Co has strengthened a taskforce of senior officials ahead of an expected onslaught of criticism from former chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter told Reuters.
Nissan Motor Co has strengthened a taskforce of senior officials ahead of an expected onslaught of criticism from former chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter told Reuters. Ghosn, who fled Japan to his home in Lebanon late last month, has said he will hold a press conference on Wednesday to give his side of the story following his arrest in late 2018 for alleged financial misconduct, which he denies. Nissan has denied this, and is bracing for more such allegations. …read more […]
(Bloomberg) — Tesla Inc. kicked off production in China, marking a major step in Chief Executive Officer Elon Musk’s global push for electric-vehicle domination and heralding what could be the dawn of real competition in the world’s largest EV market.Musk presided over a ceremony on Tuesday at a new multibillion-dollar plant near Shanghai — its first outside the U.S. — where the American company handed over the first China-made Model 3 sedans to the public, the first one being a white sedan going to a man from the nearby city of Wuxi. Technically, deliveries began last week but those were …read more […]
Elon Musk showed off striptease moves at the launch of Tesla’s Model Y electric sports utility vehicle programme at its new Shanghai factory on Tuesday, where the company delivered its first cars built outside the United States to the public.
A decision by Japanese prosecutors to issue an arrest warrant for Carlos Ghosn’s wife shortly before the fugitive car boss was due to speak publicly about his case was “pathetic”, a spokeswoman for Ghosn told Reuters on Tuesday.
The German state of Brandenburg has received a flurry of inquiries from German carmakers after electric car start-up Tesla opted to build its European factory there, Brandenburg’s Economy Minister Joerg Steinbach told Reuters.
The German state of Brandenburg has received a flurry of inquiries from German carmakers after electric car start-up Tesla opted to build its European factory there, Brandenburg’s Economy Minister Joerg Steinbach told Reuters. Tesla in November said it would build its European factory on the outskirts of Berlin, a major boost for the region after BMW and Daimler in recent years chose Hungary as a location for their new plants. “We are seeing the traditional German manufacturers, who are opening up more to new technologies, asking whether it is possible to do something in Brandenburg,” …read more […]
An arrest warrant issued by Japanese prosecutors for Carlos Ghosn’s wife Carole is “pathetic” and comes shortly before Ghosn is to speak freely for the first time since arriving in Beirut, a spokeswoman for Ghosn told Reuters on Tuesday.
Jan.07 — Tesla Inc. Chief Executive Officer Elon Musk pulls off some dance moves during a ceremony at a new multibillion-dollar plant near Shanghai — its first outside the U.S. — where the American company is handing over the first China-made Model 3 sedans to the public. …read more […]
World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged prospects of an all-out conflict between the United States and Iran had eased.
(Bloomberg) — Japanese prosecutors have obtained an arrest warrant for Carole Ghosn, the wife of Carlos Ghosn, the latest move by the country to contain the fallout from the former auto executive’s daring escape from trial a week ago.Prosecutors issued a statement announcing the warrant on Tuesday. The action means Carole, who is now in Lebanon with Ghosn, could be arrested if she returns to Japan. Authorities said they obtained the warrant against Ghosn’s wife for giving false testimony in court last April.Ghosn had been barred from meeting his wife while he was on bail in Japan, because authorities believed …read more […]
U.S. electric car maker Tesla Inc said it has started work on building Model Y electric sports utility vehicles (SUV) at its $2 billion Shanghai factory, marking a new milestone for the company’s first foreign car plant.
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