The uphill road: battery limitations to test China's electric vehicle ambitions

It took one 330 kilometer trip from Chongqing to Chengdu in his Nio ES8, a seven-seater all-electric SUV, for its owner Wang Haichun to be consumed with buyer's remorse.

Daimler to launch electric compact SUV in 2021: CEO

Daimler plans to launch an electric compact sport utility vehicle in 2021 which will be called the Mercedes EQB, the German carmaker's CEO said on Tuesday.

Huawei secured 40 5G commercial contracts by end-March

China's Huawei Technologies Co Ltd said on Tuesday it had secured 40 commercial contracts to build and operate fifth-generation (5G) telecommunications infrastructure as at the end of March, up from a previously disclosed tally of more than 30.

Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.

Foxconn says Gou will remain chairman, to withdraw from daily operations

Taiwan's Foxconn, an assembler of Apple Inc's iPhones, said Terry Gou will remain chairman of the world's largest contract manufacturer, although he plans to withdraw from daily operations.

Hulu buys back AT&T's 9.5 percent stake for $1.43 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.

Hulu buys back AT&T's stake in $1.43 billion deal

Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the streaming service company in a deal valued at $1.43 billion, the two companies said on Monday.

Experts: Breach at IT Outsourcing Giant Wipro

Indian information technology (IT) outsourcing and consulting giant Wipro Ltd. [NYSE:WIT] is investigating reports that its own IT systems have been hacked and are being used to launch attacks against some of the company’s customers, multiple sources tell KrebsOnSecurity. Wipro has refuse...

Continue reading

U.S. to press allies to keep Huawei out of 5G in Prague meeting: sources

The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G telecommunications networks, according to people familiar with the matter and documents seen by Reuters.

France to ask EU partners to adopt its cryptocurrency regulation

France will push for the European Union to adopt a regulatory framework on cryptocurrencies similar to the one it brought in last week at a national level, becoming the first major country to do so, French Finance Minister Bruno Le Maire said on Monday.

Spotify prompts Nordic pension funds to add private equity to playlists

A vibrant start-up scene, which has spawned stars such as Spotify, Skype and Rovio, is inspiring Nordic pension funds to invest more money with local private equity funds.

Nano Dimension sees sharp growth on increasing demand for 3D printing

Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company's leaders said.

German bosses urge government to stop EU proposal on connected cars

The bosses of BMW and Deutsche Telekom have urged the German government to take action to block a European Commission proposal that would set a Wi-Fi-based standard for connected cars.

Spotify shares fall on report Amazon in talks to launch ad-supported music offering

Shares of Spotify Technology SA fell 4 percent on Monday after a report said Amazon.com Inc was in talks to launch a free ad-supported music service, which is expected to intensify competition for the music streaming leader.

Belgian cybersecurity agency finds no threat from Huawei

Belgium's center for cybersecurity has found no evidence that telecoms equipment supplied by Huawei Technology could be used for spying.

Siris Capital to buy Electronics For Imaging for $1.6 billion

Digital printing company Electronics For Imaging Inc said on Monday private equity firm Siris Capital Group LLC would buy the company for about $1.6 billion in cash.

Electronics For Imaging to sell itself to Siris Capital unit

Digital printing company Electronics For Imaging Inc said on Monday it would be bought by an affiliate of private equity firm Siris Capital Group LLC in an all-cash deal valued at about $1.7 billion.

VW says China to become global software development hub to autonomous tech

Volkswagen will use Chinese software developers to help design a global autonomous vehicle architecture thanks to the prevalence of qualified programmers which carmakers are struggling to hire elsewhere, senior executives said on Monday.

Sweden's Veoneer bets driverless car delay will be its gain

Sweden's Veoneer expects to gain from a commercial delay in self-driving cars, betting that rising demand for its radar and camera-based systems as the industry ramps up to autonomy will boost its market position.

Amazon workers strike at four German warehouses

Workers at four Amazon logistic centers in Germany went on strike on Monday, the latest action in a long-running campaign for better pay and conditions.