Tech

Musk under fire again: CEO to testify over Tesla acquisition

In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer" – a purchase that would combine the leading maker of electric vehicles with a manufacturer of solar panels that can recharge EVs.

Ransomware rattles cyber insurance market

The cyber insurance industry faced "a reckoning" in 2020 in the wake of a wave of ransomware incidents, according to a report from Fitch Ratings provided to FOX Business.

Theranos founder Elizabeth Holmes renews fight to constrain prosecutors

During a virtual hearing, Ms. Holmes’s lawyers and the U.S. attorney’s office in Northern California continued months of finger-pointing over who is to blame for the inability to access the blood-test database. Called the Laboratory Information System, it recorded data points on millions of Theranos blood tests but became inaccessible in 2018 under circumstances the prosecution and defense disagree about.