South Korea's LG Chem to team up with China's Geely on EV batteries

South Korean battery maker LG Chem Ltd said on Thursday it had signed an agreement to set up a joint venture with China's Geely Automobile Holdings Ltd to produce batteries for electric vehicles.

Hyundai and Kia to invest in self-driving startup Aurora

Hyundai Motor Co said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up development of autonomous vehicle technologies.

Jet.com falls by wayside as Walmart focuses on its website, online grocery

Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up to the world's largest retailer's e-commerce ambitions.

Uber unveils next-generation Volvo self-driving car

Uber Technologies Inc on Wednesday unveiled its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions.

Republican senator criticizes potential dual U.S. antitrust tech probes

The Republican chairman of the Senate's antitrust panel criticized plans by the Justice Department and Federal Trade Commission to potentially investigate four of the biggest U.S. tech firms.

Huawei asks Verizon to pay over $1 billion for over 230 patents: source

Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday.

Walmart overhauls Jet.com as online business fails to deliver results

Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an e-commerce retailer it acquired in 2016 for $3.3 billion, and said it no longer needs a dedicated leader to run the online business.

Huawei fights to keep U.S. funds flowing to its rural mobile customers

China's Huawei Technologies Co Ltd, the world's biggest telecoms equipment maker, argued on Wednesday that Washington should scrap plans to prohibit wireless companies from using U.S. government funds to buy Huawei gear for their networks.

Cheaper sensors could speed more self-driving cars to market by 2022

The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new sub-$500 lidar sensing package being developed by Silicon Valley startup Luminar.

Huawei seeks trademark for Hongmeng operating system in Peru

Chinese telecoms giant Huawei Technologies Co Ltd has asked Peruvian authorities to trademark its "Hongmeng" operating system, a sign it may be deploying a back-up plan in key markets in case U.S. sanctions hit its current business model.

Democratic commissioner questions FCC review of Sprint T-Mobile merger

The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC's review of the proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc, saying Republican commissioners moved toward approving the merger without adequate economic and legal analysis.

Germany raises 6.55 billion euros in epic 5G spectrum auction

Germany raised 6.55 billion euros ($7.4 billion) from its 5G mobile spectrum auction, the Federal Network Regulator (BNetzA) said on Wednesday after a near three-month battle that will see a fourth operator enter the market.

Facebook CEO may have known of questionable privacy practices: WSJ

Facebook Inc emails appear to show Chief Executive Officer Mark Zuckerberg's involvement in discussions about its much criticized privacy practices, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Patent guidelines put tech firms, carmakers on collision course

Rival proposals for European patent guidelines covering technology vital for building self-driving cars and internet-linked vehicles have set tech firms and carmakers on a collision course.

Facebook worries emails could show Zuckerberg knew of questionable privacy practices: WSJ

Facebook Inc uncovered emails that appear to show Chief Executive Officer Mark Zuckerberg's connection to potentially problematic privacy practices at the company, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Huawei asks Verizon to pay for over 200 patents: WSJ

Huawei Technologies Co Ltd has told Verizon Communications that the carrier should pay licensing fees for more than 200 of its patents, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Israel power company asks Fortnite to drop pole-climbing in game

Israel's power company has asked the makers of Fortnite to no longer allow players to scale electric poles in the popular online game, saying this risked encouraging dangerous copycat behavior among children.

Microsoft Patch Tuesday, June 2019 Edition

Microsoft on Tuesday released updates to fix 88 security vulnerabilities in its Windows operating systems and related software. The most dangerous of these include four flaws for which there is already exploit code available. There’s also a scary bug affecting all versions of Microsoft Of...

Continue reading

ProSieben streaming JV to go live, partners with Facebook

German broadcaster ProSiebenSat.1 Media will launch its streaming joint venture with Discovery Inc, on June 18, with a premium version planned to go live in the coming winter, CEO Max Conze said on Wednesday.

Uber to unveil next-generation Volvo self-driving car

Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions.