Tesla Inc (NASDAQ:TSLA) has just lost another executive in its vice-president for worldwide finance and operations, Justin McAnear, as a seeming exodus of top talent continues to flee the company, a report by CNN Tech said.
McAnear said in a statement he is leaving the company to take the role of chief financial officer in another company he did not name. His last day will be October 7.
The chief accounting officer, Dave Morton, announced last week he was leaving after having been in Tesla for less than a month. The chief people officer, Gaby Toledano, decided not to return to the company in taking a leave. The departures in Tesla are taking place following the controversy generated by chief executive Elon Musk over his aborted plans to take the company private.
Tesla shares were down 0.67% at US$288.59.
READ: Tesla reportedly loses another executive; largest institutional investor expresses concern about Musk’s behavior
The top court in Denmark confirmed that four drivers of privately held Uber Technologies should be fined for working for the ride-hailing service in the country, paving the way for some 1,500 other Uber drivers to be prosecuted for illegally operating taxis in the country, a report by Reuters said.
The four taxi drivers, one of whom was fined 486,500 Danish crowns (US$78,060), were charged with failing to have permits and for violating a law introduced to combat Uber, the report said.
After launching its service in Denmark in 2014, Uber was criticized by taxi driver unions, companies and politicians who said the company posed unfair competition by not meeting legal standards required for established taxi firms.
At a conference in Singapore, the platform revealed content partnerships that would bring hundreds of hours of livestreams and other videos to the platform in the region. Its partnership with Sony Music will give users access to custom content and behind-the-scenes clips from major music acts.
Twitter has also signed a partnership with India's Red Chillies Entertainment production house to produce Bollywood content with superstar Shah Rukh Khan, as well as with NBCUniversal to bring its E! programming to the social network, the report said.
To boost its sports offerings in the region, Twitter has signed deals with FMA Indonesia for UEFA Champions League highlights, Fox Sports Asia for Formula One videos and Stadium Astro Malaysia for the English Premier League.
Twitter stock rose 2.08% at US$30.37.