Nikola threatens Hindenburg with litigation, short-seller ‘welcomes it’

Nikola Corp said on Friday it could take legal action against Hindenburg Research, a day after the short-seller issued a scathing report accusing the electric truck maker of being a “fraud”. Hindenburg had shorted the stock on Thursday and said it had gathered enough evidence to show that Nikola founder Trevor Milton made false statements […]

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Apple revises App Store guidelines, loosening some in-app payment rules

Apple Inc AAPL.O on Friday published a revision of some of its App Store review guidelines here, loosening some restrictions on streaming game services, online classes and when developers must use its in-app purchase system, which charges a 30% commission. The company made the changes after criticism from developers over its App Store practices and […]

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U.S. lawmakers quiz Disney CEO over Xinjiang connection to ‘Mulan’

A group of bipartisan U.S. lawmakers urged Walt Disney Co CEO Bob Chapek to explain the company’s connection with “security and propaganda” authorities of China’s Xinjiang region during the production of live-action war epic “Mulan”. Disney’s $200 million live-action remake of its animated classic about a female warrior in ancient China has run into controversy […]

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