Tesla Avoids California Sales Halt Over Autopilot Marketing

The California Department of Motor Vehicles said Tesla Inc. has come into compliance over marketing practices for its vehicles’ automated-driving capabilities and won’t face a 30-day suspension of sales in the state. The agency said in a statement Tuesday that Tesla...

Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis

A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on everything from laptops and...

MLB Pitcher Used ‘Rooster’ Texts to Tip Off Bettors, US Says

Cleveland Guardians pitcher Emmanuel Clase tipped bettors to his rigged pitches in text messages with coded language like “rooster” and “chicken,” prosecutors said in a revised indictment. Newly retrieved messages show Clase used the coded language and even gave...

Ad Platform Moloco Said to Pick Goldman Sachs, JPMorgan for IPO

Advertising technology company Moloco has selected banks to arrange an initial public offering of the company, according to people familiar with the matter. The California-based firm is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. on the...

Amazon Mired in Longest Losing Streak Since 2006 on Capex Angst

Amazon.com Inc. shares posted their longest streak of daily losses in almost 20 years, as investors continue to question how much the e-commerce and cloud-computing company spends on capital expenditures. Shares fell 0.4% on Friday, their ninth straight negative...