BEIJING (Reuters) – Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world’s largest auto market continues for a third year. Li Auto announced on Thursday cash subsidies of 15,000 yuan ($2,055) per…
By Jonathan Stempel (Reuters) – Apple agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users’ privacy. A preliminary settlement was filed on Tuesday night in the Oakland, California federal court, and requires approval by U.S. District Judge Jeffrey White. Mobile device owners…
By Laila Kearney and Timothy Gardner NEW YORK/WASHINGTON (Reuters) -Constellation Energy has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government, the company said on Thursday. Constellation, the country’s largest operator of nuclear power plants, will deliver electricity to more than 13 federal agencies, as part of the…
(Reuters) – Tesla chief executive Elon Musk donated 268,000 Tesla shares to unnamed charities just before the new year, according to a regulatory filing on Tuesday. Musk, who owns about 12.8% of Tesla, made the donation as part of his “year-end tax planning” to “certain charities” that have “no current intention to sell such stock,”…
