Wal-Mart to invest $50 million in China online grocer New Dada

SHANGHAI (Reuters) - Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New Dada, the U.S. retailer said on Friday, extending its tie-ups with local online players to help boost sales in the world's second-largest economy.

Nintendo slides 6 percent after unveiling 'Switch' game console

TOKYO (Reuters) - Shares of Nintendo Co Ltd dropped 6 percent in early trade on Friday after the videogame maker unveiled its next-generation gaming console, called the Nintendo Switch.

U.S. confirms 11th death linked to faulty Takata air bag inflator

WASHINGTON (Reuters) - U.S. safety regulators confirmed late Thursday an 11th death in the United States caused by a ruptured Takata Corp air bag inflator, the latest fatality tied to the largest ever auto safety recall.

Two-wheel drive: China tech giants bet on 'Uber for bikes' in hunt for next unicorn

HONG KONG (Reuters) - China's tech industry giants are sloughing hundreds of millions of dollars into what they're betting will be the country's next big internet craze - 'Uber for bikes'.

Jaguar Land Rover and Ford test connected cars in Britain

LONDON (Reuters) - Jaguar Land Rover, Ford and Tata Motors are testing connected cars which can communicate with each other using technology designed to speed up journeys and cut accidents, the first such trials in Britain.

Tesla, rivals joust over how to put self-driving cars on the road

A Tesla logo is seen on media day at the Paris auto show, in Paris, France, September 30, 2016. REUTERS/Benoit Tessier/File Photo

Microsoft adjusted revenue, profit beat Street; shares hit record level

The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. REUTERS/Jacky Naegelen/File Photo

AMD revenue beats on demand for chips used in gaming consoles

(Reuters) - Chipmaker Advanced Micro Devices Inc reported a better-than-expected 23.2 percent increase in quarterly revenue, helped by higher demand for graphics chips used in gaming consoles.

Tesla says it will roll out Uber-style ride services program

SAN FRANCISCO (Reuters) - Tesla Motors Inc is planning to roll out a ride services program and will announce details next year, the luxury electric vehicle maker said on its website, a service first outlined by Chief Executive Elon Musk in his master plan in July.

FMC Technologies to pay $2.5 million over overstating profits: SEC

WASHINGTON (Reuters) - Houston-based technology solutions company FMC Technologies Inc will pay a $2.5 million penalty to settle charges that it overstated profits in one of its business segments, U.S. regulators said.

French banks, retailers team up to launch online payment app

PARIS (Reuters) - Two French banks and a group of retailers are teaming up to launch a smartphone app next year that will help customers pay for purchases in stores and online, gather loyalty benefits or transfer money using a single "mobile payment solution".

U.S. start-up R3, banks test Ripple's cross-border payments technology

NEW YORK (Reuters) - U.S.-based financial innovation start-up R3, along with 12 global banks, have completed the test of a cross-border payment system powered by blockchain technology and developed by financial technology company Ripple.

Japanese Yaskawa to build robot factory in Slovenia: PM

LJUBLJANA (Reuters) - Japanese electrical equipment producer Yaskawa Electric [6506.T] will build a robot factory in Slovenia, Prime Minister Miro Cerar told reporters in Brussels on Thursday.

Samsung in talks with LG Chem for new smartphone batteries: Nikkei

The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, July 4, 2016. Picture taken on July 4, 2016. REUTERS/Kim Hong-Ji/File Photo

India's Wipro to buy US cloud services company Appirio for $500 million

The Wipro campus is seen in Bangalore June 23, 2009. REUTERS/Punit Paranjpe/File Photo

Verizon revenue drops as subscriber additions disappoint

(Reuters) - Verizon Communications Inc , the No. 1 U.S. wireless carrier that has agreed to buy Yahoo Inc's core business, reported a 6.7 percent drop in quarterly revenue as it added far fewer subscribers than expected.

Exclusive: Blockchain platform developed by banks to be open - source

LONDON (Reuters) - A blockchain platform developed by a group that includes more than 70 of the world's biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology.

Catwalks and Katy Perry: Alibaba starts countdown to Singles' Day

HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd started the countdown to its annual shopping festival Singles' Day on Friday, promising consumers - and investors - a bonanza of fashion shows, virtual reality and U.S. pop star Katy Perry.

Samsung enlists Ukrainians to beat Hungary labor crunch

BUDAPEST (Reuters) - Samsung Electronics has recruited Ukrainian workers to keep its Hungarian factory running smoothly, it said on Thursday, in a sign of the unconventional efforts local companies are making to beat a deepening labor crunch.

EU court adviser backs Intel appeal against EU fine

LUXEMBOURG (Reuters) - A lower court should review U.S. chipmaker Intel's challenge against a record 1.06-billion-euro ($1.16 billion) fine levied by EU antitrust regulators seven years ago, an adviser to Europe's top court said on Thursday.