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Top Financial Stories Tuesday, September 13: Elon Musk’s Takeover Set To Get Twitter Shareholder Approval, Intel Slashes Mobileye IPO Valuation, Goldman Sachs To Layoff About 500 Jobs And More…

By Vandana Singh
September 13, 8:00 AM
Wall Street Journal

AAPL

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2 minute read
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SEC Charges VMWare With Fraud, But Settled For Just $8M In Penalty

By Vandana Singh
September 13, 7:39 AM
The Securities and Exchange Commission said it had charged the cloud computing giant VMware Inc (NYSE: VMW) for “misleading investors about its order backlog management practices.

VMW

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1 minute read
  • Media
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India Wins $20B Semiconductor Tech Investment From Apple Supplier, Vedanta Kicking Off Its Journey As A Chip Maker

By Anusuya Lahiri
September 13, 7:33 AM
Vedanta Ltd and Apple Inc (NASDAQ:AAPL) supplier Hon Hai Precision Industry Co Ltd (OTC:HNHAF), operating as Foxconn, aims to invest $19.5 billion…

AAPL

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1 minute read
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Google Battles Two Separate Class Actions In UK, Dutch Courts With Claims Of €25B

By Anusuya Lahiri
September 13, 7:28 AM
A law firm on behalf of publishers slapped damages claims for up to €25 billion ($25.4 billion) on Alphabet…

GOOG

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1 minute read
  • IPOs
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Intel Slashes Valuation Of Mobileye IPO As Chipmakers Cut Outlook Citing Uncertain Macro Environment

By Anusuya Lahiri
September 13, 7:24 AM
Intel Corp (NASDAQ:INTC) scaled back expectations for its Mobileye initial public offering amid a broader stock recession and could…

INTC

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1 minute read
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Workhorse Group Granted U.S. Patents Land vehicles adapted for use as electric delivery vehicles, Land vehicles incorporating impact management systems

By Charles Gross
September 13, 7:16 AM
https://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=5777&f=G&l=50&d=PTXT&p=116&S1=20220913&OS=20220913&RS=20220913

WKHS

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Amid Heat On Workplace Safety Issues, Amazon Loses Workplace Safety Head

By Anusuya Lahiri
September 13, 7:10 AM
Amazon.com Inc's (NASDAQ: AMZN) top executive supervising workplace health and safety is leaving in October, 

AMZN

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1 minute read
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Tesla Granted U.S. Patent #11,440,376 Technologies for Manifolds

By Charles Gross
September 13, 7:09 AM
https://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.htm&r=5990&f=G&l=50&d=PTXT&p=120&S1=20220913&OS=20220913&RS=20220913

TSLA

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1 minute read
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PDD’s Temu Launches Global Online Shopping Marketplace

By Charles Gross
September 13, 6:53 AM
Temu announced the grand opening of its global online shopping marketplace, featuring the widest selection of merchandise at hard-to-beat prices.

PDD

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2 minute read
  • Global
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Cost Of Making A Tesla Down 57% From 2017: Senior Executive Outlines How This Happened

By Shanthi Rexaline
September 13, 6:49 AM
One of the main reasons for the relatively slow adoption of electric vehicles (EVs) is affordability, said a Tesla, Inc. (NASDAQ: TSLA) executive on Monday, while emphasizing the significant reduction in cost the company has been able to achieve while manufacturing EVs.

F

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