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By Phin Upham Although William Bradford Shockley was born in England, he spent most of his life in California. He earned a physics degree from the California Institute of Technology […]

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By Alexandria Sage FREMONT, Calif. (Reuters) – Tesla Motors delivered the first of its long-awaited Model X electric sports-utility vehicles on Tuesday, a product investors are counting on to make the pioneering company profitable after years of losses. “I think we got a little carried away with the X,” Chief Executive Officer Elon Musk told reporters ahead of a launch event near the company's Fremont factory, where luxury Model Xs have been moving down the production line in recent weeks, nearly two years behind the company's original schedule. Invited to the event were Model X reservation holders, Tesla employees and Model S and Roadster owners.

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By Matt Spetalnick and Michael Martina WASHINGTON (Reuters) – President Barack Obama announced on Friday that he had reached a “common understanding” with Chinese President Xi Jinping on curbing economic cyber espionage, but threatened to impose U.S. sanctions on Chinese hackers who persist with cyber crimes. The two leaders also unveiled a deal to build on a landmark emissions agreement struck last year, outlining new steps they will take to deliver on pledges they made then to slash their greenhouse gas emissions. Speaking after White House talks during Xi's first U.S. state visit, Obama quickly homed in on the thorniest dispute between the world's two biggest economies – growing U.S. complaints about Chinese hacking of government and corporate databases, and the suspicion in Washington that Beijing is sometimes behind it.

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By Michael Martina and Eric M. Johnson SEATTLE (Reuters) – Chinese President Xi Jinping sought to reassure U.S. officials on Tuesday that Beijing remains committed to financial reforms and an open economy. “China will not go backward in this process,” Xi said at a forum for U.S. and Chinese governors in Seattle during the first day of his week-long visit to the United States. Xi's visit will include meetings with tech and other top business leaders, a black-tie state dinner at the White House hosted by President Barack Obama and an address at the United Nations.

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By Heather Somerville and Jane Wardell SAN FRANCISCO/SYDNEY (Reuters) – A significant number of Apple Inc customers are reporting their mobile devices have crashed after attempting to upload the new iOS 9 operating system, the latest in a line of launch glitches for the tech giant. Twitter and other social media were awash with disgruntled customers reporting two distinct faults, with one appearing to be linked specifically to older models of Apple iPhones and iPads. “It is beyond inconvenient to not be able to use your phone for a day,” said student Pip Cordi as staff in the Apple store in central Sydney looked at her phone on Friday.

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By Secure Net Shop Although they have many differences, there are definitely a handful of similarities that exist between brick-and-mortar stores and online businesses that are worth taking into consideration. […]

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By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Facebook users took to the social media site on Wednesday to react to the company's decision to test what Facebook Inc Chief Executive Officer Mark Zuckerberg called a “dislike button” – and not everyone liked the idea. In a town hall-style question and answer session Tuesday, Zuckerberg took questions from users about topics ranging from virtual reality to his wife's pregnancy. While some said they would use Facebook more if the button were introduced, others said it would lead to cyberbullying and more negativity on the site.

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Apple Inc's financing plan for its new iPhones is likely to force U.S. carriers to work harder to win and retain customers. Apple announced a program on Wednesday that will allow customers to finance unlocked versions of the new iPhones through monthly installments starting at $32, regardless of which carrier they choose. “Simply, carriers must respond by ensuring their installment plans and terms are competitive versus those from Apple and double down on differentiation based on network and tariff,” said Geoff Blaber, an analyst with CCS Insight.

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By Alastair Sharp TORONTO (Reuters) – The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by “mutual agreement” and its existing senior management team would take over until a new CEO is appointed. On Aug. 18, hackers who claimed to be unhappy with its business practices released the Ashley Madison customer data, and police probing the breach said it had sparked extortion attempts and at least two unconfirmed suicides.

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By Paul Carsten and Engen Tham BEIJING/SHANGHAI (Reuters) – Uber Technologies Inc's China arm has closed its $1 billion fundraising round early, according to two people with knowledge of the matter, with investors still hopeful for the U.S.-based ride service despite strong domestic competition. Investors in Uber's Chinese unit include Internet giant Baidu Inc, China CITIC Bank Corp Ltd and China Life Insurance Co Ltd, among others, said one of the people, requesting anonymity because they were not authorized to discuss the matter publicly. Chinese financial conglomerate Ping An Group's investment arm and Hillhouse Capital, which has a stake in the main U.S.-based Uber business, also took part, the person said.