Lamborghini’s Essenza SCV12 Is the Raging Bull’s Most Powerful Beast
The newly unveiled Lamborghini Essenza SCV12 is the latest in a storied line of limited-edition models from the Raging Bull marque. But you won’t see one rolling down Rodeo Drive, as only 40 of these machines will be built—and solely for the track.…
China Criticizes Trump for ‘Double Standards’ Over TikTok
(Bloomberg) — China’s government blasted the U.S. for flouting the rules of global trade and business by threatening to ban TikTok, in Beijing’s strongest defense yet of ByteDance Ltd.’s viral video app. President Donald Trump has said he’s…
After Writing for Harry Styles and Halsey, Amy Allen Goes Out on Her Own
In 2018, Amy Allen was onstage at an event during Grammys week performing “Without Me,” the Halsey hit she cowrote which went on to be the number-one song of 2019 on pop radio, when she started tearing up. “I realized that I missed performing so badly,”…
Samsung Electronics defies pandemic with profit rise
South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic’s impact on smartphone sales. Long known as the…
Renault Reports Record $8 Billion Loss
(Bloomberg) — Renault SA’s alliance with Nissan Motor Co. is showing increasing strain, with the Japanese partner mostly to blame for the French carmaker’s record 7.29 billion euro ($8.58 billion) first-half loss. Nissan alone accounted for 4.8…
Mark Zuckerberg kicked off his testimony during the big tech antitrust hearing by suggesting Apple, Amazon, Google, and TikTok may be bigger threats than Facebook
Facebook CEO Mark Zuckerberg tech antitrust hearing YouTube/House Judiciary Facebook CEO Mark Zuckerberg pointed to the success of rivals like Apple, Google, and TikTok as evidence that there’s plenty of competition in the tech industry. Zuckerberg…
Microsoft Powers Azure Datacenter With Hydrogen Fuel Breakthrough
Microsoft Inc. (MSFT) has announced a development in hydrogen fuel cells by using them to power its Azure datacenter for 48 consecutive hours. Shares were up 1% on July 29 at $203.72. The tech giant says that it has developed a 250-kilowatt fuel cell…
Congress grills top tech CEOs in combative antitrust hearing
The US’s top tech bosses were told they have “too much power”, are censoring political speech, spreading fake news and “killing” the engines of the American economy, at a combative congressional hearing on Wednesday. The historic hearing in Washington…
Test a Tesla or Buy a Bolt With Help From Your Electric Company
(Bloomberg) — Power companies are loaning out Teslas in Washington, electrifying bus fleets in Virginia and lobbying for electric vehicle tax credits on Capitol Hill. San Diego Gas & Electric Co. even went so far as to help train salespeople on…
FirstFT: Today’s top news
The chief executives of Amazon, Facebook, Apple and Alphabet faced accusations of behaving like “cyber barons” and unfairly squashing competition in an unprecedented and at times uncomfortable grilling from US lawmakers on Wednesday. Jeff Bezos, Mark…