WOLFSBURG/HAMBURG (Reuters) - Volkswagen (VOWG_p.DE) approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars. The world’s largest carmaker by unit sales will spend the money on electric cars, autonomous driving and ne...

(Reuters) - Tesla Inc shares rose on Friday as analysts questioned how soon Chief Executive Elon Musk will have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan. The Tesla Roads...

(Reuters) - Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday. Phil Schiller, senior vice president of worldwide marketing announces the new Apple HomePod during the annual Worldwide Developer Conference (WWDC) in San Jose, Cali...

(Reuters) - Tesla Inc will face further questions about how fast it is burning through its cash pile and how soon it will have to ask creditors and shareholders for more after it unveiled its latest electric vehicles. The Tesla Roadster 2. Tesla/via REUTERS Investors prodded Tesla’s shares 2 p...

TOKYO (Reuters) - Toshiba Corp (6502.T) will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said. FILE PHOTO: A lo...

(Reuters) - Broadcom Ltd said on Friday it closed its acquisition of network gear maker Brocade Communications Systems Inc, giving it a larger share of the data center products market. A sign to the campus offices of chip maker Broadcom Ltd, is shown in Irvine, California, U.S., November 6, 2017. RE...

(Reuters) - Broadcom Ltd said on Friday it completed its $5.5 billion acquisition of network gear maker Brocade Communications Systems Inc. A sign to the campus offices of chip maker Broadcom Ltd, is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake Broadcom, which made a $103 ...

WOLFSBURG, Germany (Reuters) - Volkswagen (VOWG_p.DE) will spend more than 34 billion euros ($40 billion) on electric cars, autonomous driving and new mobility services by the end of 2022, the group said on Friday. A Volkswagen Golf GTE is being charged during a workshop prior to Auto Guangzhou in G...

(Reuters) - Investors shrugged off any concern over Tesla Inc over-stretching its production and financial resources with the unveiling of new futuristic semi-trucks and a pricey sports car, pushing its shares up almost 4 percent on Friday. The Tesla Roadster 2. Tesla/via REUTERS Chief Executive Elo...

LONDON (Reuters) - Bitcoin hit an all-time high just below $8,000 (£6,060) on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours. Bitcoin (virtual currency) coins placed on Dollar ban...

LONDON (Reuters) - Recycling companies are honing processes to extract metals from old batteries more cheaply and efficiently so they can capitalize on an expected shortfall in materials such as cobalt and lithium when sales of electric cars take off. Pyrolised Lithium-ion accus of laptops, smartpho...

WASHINGTON (Reuters) - The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance. FILE PHOTO: A woman uses her phone to photograph One World T...

LONDON (Reuters) - Britain’s biggest automaker, Jaguar Land Rover (JLR), has tested its first driverless car on public roads, it said on Friday, as carmakers race against each other and tech firms to tap into new technologies. Signs are seen outside the Jaguar Land Rover plant at Halewood in L...

BARCELONA (Reuters) - Business software company SAP sees the potential for profit margins to hit bottom during the fourth quarter after three years of declines, with improving profits to begin to show up in 2018, Chief Financial Officer Luka Mucic said on Friday. FILE PHOTO: SAP logo at SAP headquar...

HAWTHORNE, Calif. (Reuters) - Tesla Inc (TSLA.O) upstaged its own debut of an electric heavy duty truck when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever. Tesla's new electric semi tru...

HAWTHORNE, Calif. (Reuters) - Tesla Inc (TSLA.O) on Thursday unveiled a prototype electric big-rig truck that it will start producing in 2019, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company’s future depends. Tesla CEO Elon Musk shows...

HAWTHORNE, Calif. (Reuters) - Tesla Inc on Thursday unveiled a prototype electric big-rig truck, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company’s future depends. A Tesla car showroom is seen in west London, Britain, March 21, 2017. R...

TOKYO (Reuters) - Toshiba Corp said on Friday it had not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations to sell the unit to Taiwan’s Asustek Computer Inc. FILE PHOTO: A logo of Toshiba Corp is seen outside an electr...

TOKYO (Reuters) - Toshiba Corp said on Friday it was not considering accepting any separate investment in its memory chip unit by a member of a Bain Capital-led consortium that has agreed to buy the prized business for $18 billion. FILE PHOTO: A logo of Toshiba Corp is seen outside an electronics re...

(Reuters) - Applied Materials Inc reported better-than-expected quarterly results and gave a strong current-quarter forecast as the world’s largest supplier of tools to make semiconductors enjoys strong demand in its chip and display businesses. The company’s shares were up about 1 perce...

(Reuters) - Japanese conglomerate Toshiba Corp has entered into negotiations to sell its personal computer operations to Taiwan’s Asustek Computer Inc, the Nikkei reported on Friday. FILE PHOTO: The logo of Toshiba Corp is seen as window cleaners work on the company's headquarters in Tokyo, Ja...

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted 3-2 on Thursday to allow broadcasters to voluntarily use a new technology to improve picture quality and allow better reception on mobile phones and give advertisers dramatically more data about viewing habits. Thanksgiving Day ...

WASHINGTON (Reuters) - Traditional lenders should demand that online financial companies protect consumer privacy and money interests, Federal Reserve Governor Lael Brainard said on Thursday. Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard U...

WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Thursday voted to remove key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media. A couple of people ri...

(Reuters) - U.S. smartphone chipmaker Qualcomm Inc (QCOM.O) may win European Union approval for its bid to acquire NXP Semiconductors NV (NXPI.O) by the end of the year, Bloomberg reported on Thursday, citing people familiar with the matter. One of many Qualcomm buildings is shown in San Diego, Cali...

(Reuters) - U.S. regulators on Thursday kicked off a process that could result in mandatory disclaimers on election ads that appear on social media, a reaction to anonymous, Russia-linked ads on sites such as Facebook ahead of the 2016 U.S. elections. A 3D-printed Facebook logo is displayed in front...

WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Thursday voted to undo key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media. The Republican-led FCC ...

FLORENCE, Italy (Reuters) - European Central Bank governing council member Ewald Nowotny said on Thursday that legislators and central bankers are discussing whether they should intervene to regulate cryptocurrencies as China already has done. European Central Bank (ECB) Governing Council member and...

ZURICH (Reuters) - Swiss bank Vontobel said it will start trading Switzerland’s first two mini futures to short bitcoin on Friday, giving investors a tool to bet against the value of the volatile cryptocurrency or to hedge bitcoin positions. The newly launched logo of Swiss bank Vontobel is se...

WASHINGTON (Reuters) - A coalition of rights groups launched an online petition on Thursday urging IBM Corp to declare that it will not develop technology to help the Trump administration carry out a proposal to identify people for visa denial and deportation from the United States. The logo for IBM...