Tesla market value passes Volkswagen to hit $100bn

Tesla has dislodged Volkswagen as the world’s second most significant carmaker, after a sensational ascent in share cost pushed its reasonable worth to more than $100bn (£76.1bn). The achievement makes way for boss Elon Musk to gather billions in pay…

Ted Baker investigation finds £58m phantom stock

Fashion retailer Ted Baker has overstated the value of its stocks by £58m, double the previous estimates. Last month the figure was up to £25m. The new estimation comes after a review by accountants Deloitte. Ray Kelvin stepped down the…

Sonos speaker update sparks anger

It has costed many several pounds on Sonos speaker items for their homes throughout the years. More up to date Sonos items associated with the more established ones will likewise be let alone for future updates. The change influences four…

Canada prosecutors propose £110m Volkswagen fine

The Canadian prosecutors wants to fine millions of Canadian dollar to Volkswagen because of its emissions scandal. In December Volkswagen was charged for almost 128,000 vehicles that it was importing that were found violating the emission standards. The Volkswagen Company…

Vodafone

Vodafone quits Facebook’s Libra currency

Vodafone is the latest company to withdraw from Facebook’s digital currency project, Libra. The Libra Association has seen a mass departure of financiers including MasterCard and PayPal amidst supervisory inspection. Payment giants MasterCard and Visa dragged out of the Libra…

plastic bottles

People still want plastic bottles, says Coca-Cola

Coco Cola would not like to ditch single use plastic bottles because consumers are still interested in them. Customers are interested in them because they are lightweight and can be resealed. Coco Cola is one of the biggest producers of…

China virus
driverless vehicle

GM’s Cruise unveils its first driverless vehicle

Cruise, greater part possessed by General Motors, has uncovered its first vehicle intended to be driverless. The electric-fueled Cruise Origin was created by Honda, which additionally has a stake in the organization. The dispatch of the vehicle, which has no…