Elon Musk is backtracking from a jarring change in Tesla’s retailing strategy, keeping many of the company’s stores open and raising the prices of its electric cars as a result, according to Bloomberg.
Social media platforms are facing harsher scrutiny after a shooter accused of killing 49 people in two mosques in New Zealand appeared to livestream the murders over the internet, according to Bloomberg.
Facebook said a shift in the setup of its computer servers caused a widespread outage described as the largest ever recorded to hit the social-media network and its other services, according to Bloomberg.
Lightspeed, a software maker for retailers and restaurants, soared in its trading debut after raising $179 million in the biggest IPO by a Canadian tech company in almost nine years, according to Bloomberg.
Walt Disney and other Hollywood studies avoided EU antitrust fines by settling a five-year probe into pay-TV contracts that hampered EU viewers from watching Sky’s U.K. broadcasts, according to Bloomberg.