Qualcomm's joint venture with Chinese province to shut down: The Information

A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China's Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture.

Nintendo shares jump 17 percent after Tencent wins key China Switch sales approval

Nintendo Co Ltd shares jumped 17 percent in morning Tokyo trade on Friday, a day after China's Tencent Holdings Ltd won a key approval to begin selling Nintendo's Switch console in the world's largest video games market.

Uber's self-driving unit valued at $7.25 billion in new investment

Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.

Nintendo shares jump 13 percent after Tencent gains Switch sales approval in China

Nintendo shares jumped 13 percent in early Tokyo trade on Friday, a day after China's Tencent won a key approval to begin selling Nintendo's Switch console in China, the world's largest games market.

Uber lands $1 billion from SoftBank, Toyota for self-driving unit

Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp , giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.

Intelsat says satellite made by Boeing fails

Satellite operator Intelsat S.A. said on Thursday one of its satellites made by Boeing Co has failed due to an anomaly related to its propulsion system.

Pinterest, Zoom shares surge in market debuts after IPOs

Shares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor appetite for new tech listings.

Automakers invest heavily in electric vehicles despite still-low demand

Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience.

Pinterest, Zoom shares surge in market debut after IPOs

Shares of Pinterest Inc surged 25 percent in their debut on Thursday, giving the online scrapbook company a market capitalization of $15.8 billion and signaling increased investor appetite for new tech listings.

Google lets Android users in Europe choose rival browsers, search engines

Users of Android devices in Europe will be able to choose rival browsers and search engines from five options starting on Thursday, a senior Google executive said, as the company tries to quell EU antitrust concerns and stave off fresh penalties.

Explainer: Betting on the past? Europe decides on connected car standards

The European Commission's push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany's Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision.

Zoom starts trading at $65 per share, 80 percent above IPO price

Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.

Pinterest shares soar 25 percent in market debut

Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut on Thursday, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings.

Uber unveils safety measures after college student's murder

Uber Technologies Inc said it was rolling out new safety features to help riders avoid fake rideshare drivers, two weeks after the murder of a college student who got into her killer's car mistakenly believing it was her ride.

Visual China fined over false photo copyright claims

Visual China Group Co Ltd, the largest Chinese stock images provider, said on Thursday that a subsidiary has been fined by internet authorities, days after it falsely claimed copyright of prominent images.

China's Huawei makes second attempt at Brazil smartphone market

China's Huawei Technologies Co Ltd is making a second attempt at cracking the Brazilian smartphone market, the fourth-largest in the world, with the launch of two high-end handsets this month, after its cheaper offerings failed to catch on earlier in the decade.

Factbox: T. Rowe Price sheds most of its Tesla stake

T. Rowe Price, once the second-largest investor in Tesla Inc after Chief Executive Officer Elon Musk, has shed most of its stake in the electric carmaker in a series of transactions over the last two quarters.

Uber unveils new safety measures after college student's murder: NBC News

Ride-hailing company Uber Technologies Inc is rolling out new features for the safety of its riders, NBC News reported on Thursday.

New Apple lab uses robots to rip apart devices for recycling materials

Apple Inc is notorious for keeping what happens in its laboratories a closely guarded secret. But the iPhone maker plans to share openly everything that happens in its newest lab in Austin, Texas.

Tencent wins key approval to sell Nintendo's Switch in China

China's Tencent has won a key approval to start selling the Nintendo Switch in the country, paving the way for the console to enter the world's largest video games market two years after it was first released worldwide.

Google lets Android users choose browsers to ease EU antitrust concerns

Users of Android devices will be able to choose their browsers and search engines from five options starting on Thursday, a senior Google executive said, in a move aimed at addressing EU antitrust concerns and staving off fresh sanctions.

China's Guangdong gives Tencent approval to distribute Nintendo's Switch console

China's Guangdong provincial authority has given the green light to Tencent Holdings to distribute the Nintendo Switch console with a test version of the "New Super Mario Bros. U Deluxe" game, a statement on the government's website shows.

TSMC upbeat on chip outlook after Apple-Qualcomm settlement; first quarter disappoints

Taiwan's TSMC struck an upbeat note about the outlook for the depressed global chip market, betting that a rollout of faster 5G mobile network would buoy demand, even as it posted its steepest quarterly profit drop in more than seven years.

Samsung could become one of Orange's providers for French 5G license

Samsung Electronics could become one of Orange's providers for a possible 5G telecoms frequency in France, said Orange's head Stephane Richard on Thursday.

China approves Tencent to distribute Nintendo Switch video game

China's Guangdong provincial authority has given the green light to Tencent Holdings to distribute the Nintendo Switch "New Super Mario Bros. U Deluxe" game, according to a statement published on the local government's website on Thursday.

China EV maker Byton says business as usual despite management upheaval

Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the end of this year.

May the shopping be with you: French supermarket tests robot delivery

Four decades after R2-D2 delivered a vital message from Princess Leia in the hit movie "Star Wars", a French supermarket group plans to use robots inspired by the drum-shaped droid to transport food to customers in Paris.

TSMC books steepest quarterly profit drop in over seven years

TSMC, the world's largest contract chipmaker, posted on Thursday its steepest profit decline in over seven years in the first quarter of the year, amid fears about the impact that slowing electronics demand could have on its business.

Big corporates back crypto 'plumbing' despite currency caution

Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they're steering clear of the volatile currencies themselves.

Amazon, facing entrenched rivals, says to shut China online store

Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world's most populous nation.