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Factbox: The Great Rebrand: Western business reborn in Russia under new names

May 20 (Reuters) – McDonald’s Corp (MCD.N) is selling its restaurants in Russia to one of its current local licensees, who will reopen the branches under a new name yet to be decided – the most high-profile rebranding so far of companies extricating themselves from Russia. read more Scores of Western brands have said they …

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Musk denies he sexually harassed flight attendant on private jet

Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015. REUTERS / Rebecca Cook // File Photo Register now for FREE unlimited access to Reuters.com Register OAKLAND, May 19 (Reuters) – Billionaire Elon Musk took to Twitter late on Thursday to denounce as “utterly untrue” claims …

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Google ‘private browsing’ mode not really private, Texas lawsuit says

WASHINGTON, May 19 (Reuters) – The Google search engine collects data on users who think they can be anonymous if they use a “private browsing” mode, Texas Attorney General Ken Paxton claimed on Thursday, filing an amended privacy lawsuit against the Alphabet Inc (GOOGL.O) unit. Texas, Indiana, Washington State and the District of Columbia filed …

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Musk says ‘Tesla is on my mind 24/7’ amid concerns about Twitter distraction

SAN FRANCISCO, May 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday that “Tesla is on my mind 24/7,” trying to soothe investor worries about him being distracted by a Twitter (TWTR.N) deal that has depressed stocks at the electric car company. Posting a picture showing a woman (Tesla) who is upset by …

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Google’s Russian subsidiary to file for bankruptcy after bank account seized

May 18 (Reuters) – Google’s Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to carry on operations, a Google spokesperson said on Wednesday. Alphabet Inc’s Google (GOOGL.O) Google has been under pressure in Russia for months for failing to delete content Moscow deems illegal and for restricting …

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Elon Musk’s SpaceX is poised to become the most valuable US startup

May 17 (Reuters) – Billionaire Elon Musk’s SpaceX is poised to become the most valuable US startup as its valuation rose to over $ 125 billion in an ongoing share sale in the secondary market, sources familiar with the matter told Reuters. The shares, which are marketed at about $ 72, jumped in valuation from …

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Self-driving startup Wayve taps Microsoft for ‘supercomputer muscle’

General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS / Charles Platiau Register now for FREE unlimited access to Reuters.com Register LONDON, May 18 (Reuters) – British startup Wayve said on Wednesday it will use supercomputer infrastructure designed for the firm by its investor Microsoft (MSFT.O) to process vast …

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