'Ford'

Electric car company Tesla raises over $226 million in IPO

By: |Jun 29th, 2010 at 09:31PM
Filed Under: Automotive
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As of yesterday, no American car company had gone public since Henry Ford put his family business on the on the U.S. stock exchange back in 1956. Today, Tesla Motors (TSLA) — in an IPO — sold over 13.3 million shares of stock on the NASDAQ exchange totaling $226.1 million. The all-electric car maker’s mission is simply to “sell high performance, super efficient electric cars.” Tesla uses some pretty impressive technology to manage, store and harness the electric charge stored in...

Sprint looks beyond consumer wireless services, will target wireless-enabled consumer electronics

By: |Mar 24th, 2009 at 10:46AM
Filed Under: EV-DO, Services, Sprint, WiMAX, Wireless
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In a move to counteract its steadily declining subscriber base and sinking financial situation, Sprint is seemingly looking to open up its network to more non-traditional mobile devices. Sprint is already host to the Amazon Kindle Whispernet service, which provides wireless delivery of eBooks to the popular eReader and serves to distinguish the Kindle from its competition. The carrier also has an agreement with Ford that will outfit select 2009 truck models with cellular data connectivity. In an attempt to ex...