Tag Archives: orders

The interest appears to be building for Ford’s first-ever all-electric F-150 dubbed the Lightning. Ford (F) has amassed 120,000 orders for the Lightning, CEO Jim Farley told investors on an earnings call Wednesday evening. About 75% of the orders are from those people new to the Ford brand, Farley said.  In late May, Ford said it had 70,000 orders for the Lightning. “I would say what we’ve learned so far [from Lightning orders] is that the customers are largely new to Ford, but they aren’t new… Source link

(Bloomberg) — Tencent Holdings Ltd. was ordered to give up exclusive music streaming rights and pay half a million yuan in fines, becoming the latest Chinese internet giant to be brought to heel by regulators. An official investigation found Tencent’s 2016 acquisition of China Music Corp.’s stakes violated regulations partly because of a lack of reporting to authorities, according to a statement by the anti-trust watchdog on Saturday. The State Administration for Market Regulation… Source link

India’s antitrust watchdog has ordered an investigation into allegations that Google has abused the dominant position of Android in the country’s smart TV market. The news comes hours after the European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector. In its initial review, the Competition Commission of India, which began looking into these allegations last year, said Google had… Source link

(Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May, when compared to April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data.    The company’s monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April, the report https://bit.ly/3phOPE4 said, sending shares down nearly 5% in afternoon trading.    China is the electric car maker’s second-biggest… Source link

Tesla CEO and self-dubbed Technoking is back-peddling on the company’s stance about bitcoin and has suspended purchases of its electric vehicles with the cryptocurrency. The change of stance, which was delivered via tweet, comes just weeks after Tesla CFO and dubbed “Master of Coin” Zach Kirkhorn said the company believes in the longevity of bitcoin, despite its volatility. The tweet from Musk sent the price of bitcoin down more than 4% (and falling). The price of bitcoin is down more than 7%… Source link

A federal judge ruled on Monday that the identities of four Los Angeles County deputies accused of sharing photos from the Kobe Bryant helicopter crash scene be unsealed amid a lawsuit filed by Bryant’s widow Vanessa Bryant.  U.S. District Judge John F. Walter rejected the arguments of lawyers for the Los Angeles Sheriff’s Department that the names of the accused deputies should not be revealed to Bryant’s legal team or the public, according to a Los Angeles Times report.  Walter cited… Source link

Against the wishes of some its biggest stars, the NBA is holding its All-Star Game in Atlanta this weekend. Traditionally, the All-Star Game comes with a wave of parties throughout the host city, enjoyed by fans, players and everyone else involved. The NBA obviously doesn’t want that to happen this year, because the U.S. is still mired in a pandemic and large gatherings remain dangerous. The mayor of Atlanta has already issued a statement pleading fans and event organizers to not come to her… Source link

Russia’s competition watchdog has ordered Yandex to stop giving its own companies preferential opportunities to promote their services on its search engine, as part of a warning that the company may be abusing its dominance. To read more Subscribe to Global Competition Review … Source link

PARIS (Reuters) – French antitrust investigators have accused Alphabet Inc’s Google of failing to comply with the state competition authority’s orders on how to conduct negotiations with news publishers over copyright, two sources who read the investigators’ report said. FILE PHOTO: The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau In the 93-page report, known as a statement of… Source link

Bloomberg Asian Borrowers Close In on Record for Dollar Bond Issuance (Bloomberg) — Borrowers from Asia are ramping up dollar debt sales again and are on the cusp of exceeding the full-year record for issuance.Issuers from Asia ex-Japan have sold over $323 billion of notes in the U.S. currency so far this year, compared with $326 billion for all of 2019 — the current all-time high, according to data compiled by Bloomberg. Chinese borrowers led the charge last week following an initial lull… Source link