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Fresh off its first profitable quarter, Tesla Motors Inc. plans to raise about $830 million in a stock and debt offering that will enable the electric car maker to pay off its $465-million federal loan. Founder Elon Musk, who owns 33 million shares,...
Fox and Twitter have entered into a partnership to promote the broadcaster's programs and allow advertisers a way to reach TV audiences as they discuss the shows on the social network. In an announcement Monday timed to coincide with its upfront...
For the first time in its 10 year history, electric car maker Tesla Motors Inc. turned a quarterly profit, beating analysts expectations for sales of its pricey luxury sedans. The Palo Alto automaker on Wednesday reported net income of $11.2 million, or...
Second of two parts Phil Richards used to like his job driving a forklift in a produce and meat warehouse. He took pride in steering a case of beef with precision. Now, he says, he has to speed through the warehouse to meet quotas, tracked by bosses...
During his two-hour morning bike ride, Eric Hartman doesn't pay much attention to his iPhone. But the iPhone is paying attention to him. As he traverses the 30-mile circuit around Seal Beach, Hartman's iPhone knows precisely where he is at every moment,...
L.A. Times Tech BlogApple and Android are taking over. Pushing aside once-dominant players Nokia Corp. and BlackBerry-maker Research in Motion Ltd., Google Inc.'s Android and Apple Inc. devices now account for 62% of smartphones sold worldwide, nearly doubling the 32%...
L.A. Times Tech BlogAs part of its effort to capitalize on its exploding popularity, Facebook Inc. unveiled its new location service called Places at a company event in Palo Alto on Wednesday. The service, in the works for months, could eventually deliver a windfall in...
L.A. Times Tech BlogWatch out dumb phones, the smartphones are piling on. The global sale of smartphones during the third quarter nearly doubled over the same period last year, to 80 million, said research firm Gartner Inc. in a report Wednesday. Smartphones comprised......
L.A. Times Tech BlogIf your account was one of the 77 million on Sony's PlayStation Network or Qriocity online music service, there's no reason to panic. Security experts say that while the scope of the breach was among the largest in history, the resulting financial...
L.A. Times Tech BlogSony said PlayStation Network users' credit card data was encrypted, but not their personal and contact information....
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