CEO Satya Nadella named as the new Microsoft chairman

Microsoft Corporation said on Wednesday that the current Chief Executive Satya Nadella will be serving as the new Chairman while the former Chairman John Thompson will serve as a lead independent director.

Tesla's value drops $50 billion in just two hours

Investors dropped $50 billion from Tesla Inc’s market value on Tuesday despite CEO Elon Musk’s promise to cut electric vehicle costs so radically that a $25,000 car that drives itself will be possible, but not for at least three years.