Mark Simons, President and CEO of Toshiba Americas, discusses the company's recent shift from the retail sector to a business to business model. Now, Samsung is providing laptops and I.o.T. equipment for various companies. The company recently sold its Westinghouse unit and has since turned its focus to business and education endeavors. Looking to the future, Simons predicts laptops will keep getting thinner and lighter.

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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