Shares of ride-hailing company Lyft Inc crashed below their initial public offering price in just their second day of trading on Monday, matching the speed at which Facebook Inc gave up its IPO price after a rocky debut nearly seven years ago.
Tesla Inc will pay a $31,000 penalty and purchase $55,000 in emergency response equipment for a California city under a settlement reached with the Environmental Protection Agency over federal hazardous waste violations at its automotive factory, the government said Monday.
Travis Kalanick, the co-founder of ride-hailing company Uber, and the company's directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed Uber's push into autonomous vehicles.
A winning bidder has been selected for the sale of AT&T's WarnerMedia unit's stake in the second-tallest office building in Manhattan, a deal expected to top $2 billion, a source involved in the bidding said on Monday.
Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday that it was in talks with U.S. government authorities about whether it should continue to own popular gay dating app Grindr LLC.
Amazon.com Inc is now accepting cash payments at Mexico's top corner store chain, Oxxo, the two said on Monday, opening a major channel for the e-commerce leader to reach millions of people in the country who rely heavily on cash.
Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos opinion poll.
Shares of Lyft Inc crashed through the ride-hailing company's initial public offering price on just their second day of trading, tumbling as much as 10.5 percent and matching the speed at which Facebook Inc gave up its IPO price following its botched offering nearly seven years ago.
Facebook has deleted 712 accounts and 390 pages in India and Pakistan for "inauthentic behavior", it said on Monday, many of them linked to India's opposition Congress party days before a general election, and others related to Pakistan's military.
Facebook is lifting the lid on the algorithm that decides which posts appear in its news feed, as part of a drive to be more transparent and offer greater control to users.
Shares of ride-hailing company Lyft Inc fell as much as 10.5 percent on Monday, below its initial public offering price of $72.
Almost 60 percent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation (NRF) said on Monday, a global record as the country seeks to end fossil-fueled vehicles sales by 2025.
President Xi Jinping called upon New Zealand on Monday not to discriminate against Chinese companies during a meeting with Prime Minister Jacinda Ardern, whose country has rejected a bid by Chinese telecom giant Huawei to build a 5G mobile network.
Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO, a source with direct knowledge of the matter told Reuters, as it dives deeper into the hotel-booking business.
Almost 60 percent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation (NRF) said on Monday, a global record set by a country seeking to end fossil-fueled vehicles sales by 2025.
Facebook has removed 712 accounts and 390 pages in India and Pakistan because of "inauthentic behavior" and spamming, it said on Monday, much of it linked to India's main opposition Congress party days before elections and Pakistan's military.
On stage at an investor conference last month, Google's Chief Business Officer Philipp Schindler identified a vexing challenge for the company's most prized app: its virtual assistant.
Chinese drone maker EHang has delayed plans for a U.S. initial public offering (IPO) and is instead looking to raise up to $200 million in a private fundraising, two people with direct knowledge of the matter told Reuters.
Facebook has removed 103 pages, groups and accounts that were part of a network it said was linked to employees of the Pakistani military's public relations arm, the social media group announced on Monday.
Facebook Inc said on Monday it was removing 687 pages and accounts linked to India's main opposition Congress party, just days before voting begins in a general election, because of "coordinated inauthentic behaviour" on the social media platform.
U.S. family tracking app operator Life360 has begun approaching potential investors for a listing in Sydney, fund managers said on Monday, valuing the company at up to $675 million in what could be Australia's biggest technology IPO in three years.
Home-renting company Airbnb has invested in Indian hotel reservation start-up OYO's series E funding round, as it dives deeper into the hotel-booking business.
Chinese Premier Li Keqiang called on New Zealand on Monday to ensure a fair investment environment, as he meet Prime Minister Jacinda Ardern whose country has rejected a bid by Chinese telecom giant Huawei to build a 5G mobile network.
Samsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of a contract related to the construction of a semiconductor production line, taking the project's total cost to 1.46 trillion won ($1.29 billion).
Japan's Rakuten said on Monday it will book a 110 million yen ($989.74 million) gain in the quarter through March on its investment in Lyft following the U.S. ride-hailing firm's listing last week.
Prime Minister Jacinda Ardern said on Monday she hoped to have a dialogue with Beijing about New Zealand's intelligence agency's decision to reject a bid by Chinese telecom giant Huawei to build a 5G mobile network.
Apple supplier Japan Display Inc said on Monday it aims to raise as much as $990 million in new financing as early as this week, sending shares of the struggling manufacturer sharply higher.
Yoon Chang-hyun's parents told him to get his sanity checked when he quit his secure job as a researcher at Samsung Electronics Co in 2015 to start his own YouTube channel.
Yoon Chang-hyun's parents told him to get his sanity checked when he quit his secure job as a researcher at Samsung Electronics Co in 2015 to start his own YouTube channel.
The publisher of the National Enquirer on Sunday said its reports on Amazon Chief Executive Jeff Bezos' private life were based on information from a single source, the brother of Bezos' girlfriend, Lauren Sanchez.
