Technology

China’s Didi signs up Continental for purpose-built electric cars

China’s Didi signs up Continental for purpose-built electric cars

Published 10/07/2018

BEIJING (Reuters) - China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made [more…]

Finland’s Nokia signs 1 billion euro deal with China Mobile

Finland’s Nokia signs 1 billion euro deal with China Mobile

Published 10/07/2018

(Reuters) - Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under [more…]

India’s TCS first-quarter profit rises 24 percent, beats estimates

India’s TCS first-quarter profit rises 24 percent, beats estimates

Published 10/07/2018

(Reuters) - India’s biggest software services exporter, Tata Consultancy Services Ltd, posted a better-than-expected rise of about 24 percent in first-quarter net profit, helped by [more…]

Tesla to open plant in Shanghai with annual capacity of 500,000…

Tesla to open plant in Shanghai with annual capacity of 500,000…

Published 10/07/2018

SHANGHAI (Reuters) - Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with [more…]

Australian lawsuit funder files complaint against Facebook, flags…

Australian lawsuit funder files complaint against Facebook, flags…

Published 10/07/2018

SYDNEY (Reuters) - Litigation funder IMF Bentham Ltd (IMF.AX) is preparing to potentially sue social media giant Facebook Inc (FB.O) in Australia over its sharing [more…]

South Korea’s LG Display says China approves its OLED factory plan

South Korea’s LG Display says China approves its OLED factory plan

Published 10/07/2018

SEOUL (Reuters) - South Korean LG Display Co Ltd’s plan to build a new organic light-emitting diode (OLED) panel production facility in China has been [more…]

BMW to join board of Baidu’s autonomous driving platform Apollo

BMW to join board of Baidu’s autonomous driving platform Apollo

Published 10/07/2018

FRANKFURT (Reuters) - BMW signed a Memorandum of Understanding (MoU) with tech giant Baidu to join its autonomous driving platform Apollo as a board member, [more…]

Grab launches grocery delivery service in race for growth

Grab launches grocery delivery service in race for growth

Published 10/07/2018

SINGAPORE (Reuters) - Grab unveiled a grocery delivery service on Tuesday, betting the firm’s extensive network of 7.1 million drivers, agents and merchants will help [more…]

HTC’s June sales slump 68 percent, biggest drop in over two years

HTC’s June sales slump 68 percent, biggest drop in over two years

Published 06/07/2018

TAIPEI (Reuters) - Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than two years, [more…]

Daimler gets green light for self-driving vehicle tests in Beijing

Daimler gets green light for self-driving vehicle tests in Beijing

Published 06/07/2018

BEIJING (Reuters) - China’s capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real roads, making [more…]