SAN FRANCISCO (Reuters) -Rental car company Hertz said on Thursday it could expand plans to supply Tesla vehicles to Uber to 150,000 during the next three years from an initial fleet of 50,000, if the partnership is successful. But Hertz added a chip shortage and other constraints could affect the plan. Hertz earlier this week said it would order 100,000 Tesla vehicles by the … [Read more...] about Hertz says it may expand supply of Teslas to Uber to 150,000
Spain’s Cellnex sticks to forecasts despite wider net loss
By Joan Faus BARCELONA (Reuters) -Europe's largest mobile phone tower operator Cellnex stuck to its outlook on Thursday as core earnings in the first nine months rose by 59%, outweighing a net loss which widened by 73% to 145 million euros ($169 million). Telecom towers have been the target of several big takeovers in recent years as Spain's Cellnex and U.S.-based American … [Read more...] about Spain’s Cellnex sticks to forecasts despite wider net loss
Activision CEO seeks large pay cut, links it to gender-related goals
(Reuters) - Activision Blizzard Inc Chief Executive Officer Bobby Kotick has asked the company's board to reduce his total compensation to $62,500, at a time when the owner of the "Call of Duty" franchise is battling claims over sexual harassment and discrimination at its workplace. Kotick, who received a total compensation $154.6 million last year, said in a letter … [Read more...] about Activision CEO seeks large pay cut, links it to gender-related goals
Chipmaker GlobalFoundries valued at $26 billion in lackluster debut
(Reuters) -Shares of GlobalFoundries Inc, which is owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, opened flat on Nasdaq on Thursday, giving the chipmaker a market capitalization of about $26 billion. GlobalFoundries priced its IPO, which is the third largest in the United States so far this year, at $47 a share. Only South Korean e-commerce giant Coupang and … [Read more...] about Chipmaker GlobalFoundries valued at $26 billion in lackluster debut
U.S. congresswoman Greene bought Trump SPAC shares
By Anirban Sen (Reuters) - U.S. Representative Marjorie Taylor Greene, an ally of Donald Trump, bought as much as $50,000 worth of shares in the special purpose acquisition company (SPAC) that has agreed to merge with the former President's new social media venture. Greene bought shares worth between $15,001 and $50,000 on Oct. 22, the day they rose in value by as much as … [Read more...] about U.S. congresswoman Greene bought Trump SPAC shares
