Tesla Inc. (NASDAQ: TSLA) said a “production bottleneck” had caused slow production of its new Model 3. Its shares dropped on the news.
Facebook Inc. (NASDAQ: FB) disclosed the number of people who had seen Russian ads on its site:
An estimated 10 million people in the US saw the ads. We were able to approximate the number of unique people (“reach”) who saw at least one of these ads, with our best modeling
44% of total ad impressions (number of times ads were displayed) were before the US election on November 8, 2016; 56% were after the election.
Goldman Sachs Group Inc. (NYSE: GS) may get into trading Bitcoin. According to The Wall Street Journal:
Goldman Sachs is weighing a new trading operation dedicated to bitcoin and other digital currencies, the first blue-chip Wall Street firm preparing to deal directly in this burgeoning yet controversial market.
General Electric Co. (NYSE: GE) chairman and former CEO Jeff Immelt left the company before expected and dropped off its board.
Equifax Inc. (NYSE: EFX) raised the number of people exposed to a huge breach by 2.5 million, which brought the total to 145.5 million.
Wal-Mart Stores Inc. (NYSE: WMT) bought a same-day delivery service, according to Recode:
Walmart.com will soon begin offering same-day delivery to some customers in New York City, and it has purchased a local startup to help it with the behind-the-scenes logistics.
The giant retailer has acquired Parcel, a Brooklyn, N.Y.-based company that handles scheduled and same-day delivery services in New York for online retailers like Bonobos and meal-kit companies like Chef’d and Martha Stewart’s Martha & Marley Spoon.
Parcel will continue to serve those clients, but Walmart will also utilize the startup’s technology and network of delivery employees to ramp up its own same-day delivery offerings for both Jet.com and Walmart.com in New York City.