Tag Archive | "Tesla"

The Roundup June 23

It sure sucks to be MySpace right now. MySpace, the social networking site owned by News Corporation, is reversing a strategy of international expansion in an attempt to slash costs and improve profits amid a global advertising slump. The company on Tuesday said about 300 of 450 employees in offices outside of the US would [...]

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The Roundup May 19

Didn’t I say this would be how Car 2.0 would work? Huh? Didn’t I? The deal marks a further bet on battery-powered cars by the maker of Mercedes-Benz luxury vehicles and a vote of confidence in Tesla. The electric car pioneer has struggled to raise funds and realise expansion plans during the credit crunch. . [...]

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