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Native Hawaiian heiress faces court test to control millions

October 26, 2019 admin Comments Off on Native Hawaiian heiress faces court test to control millions

A 93-year-old heiress doesn’t need a guardian to take care of her, but a hearing will be held to determine whether she needs a conservator to oversee her $215 million trust, a judge ruled Friday in an ongoing battle over her wealth. Abigail Kawananakoa’s fortune has been tied up in a court case since her 2017 stroke. Kawananakoa said she’s fine, fired Wright and married her partner of 20 years, Veronica Gail Worth. …read more […]

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Musk Says Tesla Has Finally Made a Ready-to-Deploy Solar Roof

October 26, 2019 admin Comments Off on Musk Says Tesla Has Finally Made a Ready-to-Deploy Solar Roof

(Bloomberg) — Almost three years after Tesla Inc. Chief Executive Officer Elon Musk unveiled solar roof shingles as part of his push to buy SolarCity, the automaker says it finally has a version of the tiles that it can mass produce.“It’s been quite hard,” Musk said on a conference call late Friday. “Roofs need to last a long time. When you add electrification to the roof, it’s a fair bit of complexity.”The sleek roof is a key part of Tesla’s push to revive its struggling solar business. Musk unveiled the product in 2016, but the company hasn’t been able to …read more […]

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Microsoft Wins $10 Billion Pentagon Cloud Contract, Beating Amazon

October 26, 2019 admin Comments Off on Microsoft Wins $10 Billion Pentagon Cloud Contract, Beating Amazon

(Bloomberg) — Microsoft Corp. has been awarded the sought-after JEDI cloud computing contract with the Pentagon valued as much as $10 billion over a decade, the Defense Department said in a statement on Friday night.The decision deals a blow to Amazon.com Inc., which had been seen as the most likely winner in a deal whose terms were hotly contested by another rival, Oracle Corp.The Pentagon has said the cloud project, known as the Joint Enterprise Defense Infrastructure, or JEDI, is intended to help bring the Pentagon’s technology into the modern era.The Defense Department is investing in commercial cloud services, which …read more […]