David Paul Morris | Bloomberg | Getty Images Facebook will create a product team to work on the “metaverse,” a concept that involves creating digital worlds that multiple people can inhabit at the same time. The metaverse team will be part of Facebook’s virtual reality group, Reality Labs, executive Andrew Bosworth said in a Facebook […]
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Tesla reported earnings after the bell Monday, and it’s a beat on both top and bottom lines. Shares rose about 2% after hours. Here are the results. Earnings: $1.45 vs 98 cents per share adjusted expected, according to Refinitiv Revenue: $11.96 billion vs $11.30 billion expected, according to Refinitiv The company reported $1.14 billion in (GAAP) net income […]
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The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of Tesla edged more than 2% higher in extended trading after the electric vehicle maker’s second-quarter earnings beat Wall […]
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Singer Britney Spears attends the Billboard Music Awards at T-Mobile Arena in Las Vegas, Nevada. Lester Cohen | BBMA2016 | Getty Images Britney Spears’ new attorney has filed a petition to replace her father James Spears with Jason Rubin, a certified public accountant, as the pop star’s sole conservator. The move comes just a few […]
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A Tesla store in Beijing, China, on July 4, 2021. Costfoto | Barcroft Media | Getty Images Tesla said Monday that a $23 million bitcoin-related impairment caused some drag on its quarterly operating income. The electric auto company only referred to bitcoin or crypto one time in its second-quarter announcement, after CEO Elon Musk went […]
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