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BYD’s Tesla win comes with a hidden warning

Tesla (TSLA) finally gave investors a delivery rebound. But BYD nevertheless claimed the crown back. That’s the painful part of the new worldwide electric-vehicle numbers. Tesla produced 480,126 vehicles in the second quarter, easily beating Wall Street estimates and indicating demand had bounced back after a slow first quarter. Tesla produced 451,758 vehicles and installed

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Bending Spoons targets software giants in huge capital deployment

Most people have never heard of Bending Spoons. But plenty of them use its products every day. The company owns Evernote, WeTransfer, Vimeo, Eventbrite, AOL, and StreamYard, among more than 50 businesses acquired since 2013. Last week, Bending Spoons (BSP) went public and laid out an ambitious roadmap. It wants to keep acquiring digital companies

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