Volkswagen's Herbert Diess will keep his role as the carmaker's chief executive and continue to defend himself with all legal means after prosecutors indicted him in connection to an emissions cheating scandal, his lawyers said on Tuesday.
Volkswagen board members to discuss indictment of CEO: spokesman
Volkswagen's supervisory board said on Tuesday its executive committee would convene immediately to discuss the indictment of CEO Herbert Diess in relation to the carmaker's diesel emissions scandal.
German prosecutors press charges against current and former VW CEOs
German prosecutors brought criminal charges of stock market manipulation against Volkswagen CEO Herbert Diess, former CEO Martin Winterkorn and Chairman Hans Dieter Poetsch in relation to an emissions cheating scandal.
Malaysia's 5G plan a potential boon for China's Huawei
Malaysia will start a nationwide demonstration of 5G projects next month, a minister said on Tuesday, indicating it was on track to become one of the first Asian countries to launch the technology.
Uber receives just a two-month London license with new safety conditions
Uber on Tuesday received only a two-month London operating license, failing to secure a maximum five-year term in a battle with the regulator which has previously stripped the app of its right to take rides.
Google wins in 'right to be forgotten' fight with France
Google won its fight against tougher "right to be forgotten" rules after Europe's top court said on Tuesday it does not have to remove links to sensitive personal data worldwide, rejecting a French demand.
Malaysia's 5G plan advances, a potential boon for China's Huawei
Malaysia will start a nationwide demonstration of 5G projects next month, a minister said on Tuesday, indicating it was on track to become one of the first Asian countries to launch the technology.
Google wins 'right-to-be'forgotten' fight with France
Google does not have to remove links to sensitive personal data globally, the European Union's top court said on Tuesday as it ruled on the fight between the U.S. tech giant and French privacy regulators.
Nintendo's Mario takes driving seat in race for mobile hit
Nintendo Co Ltd is set to bring one of its most successful franchises to mobile for the first time on Wednesday with the global launch of Mario Kart Tour, in a test of the gaming firm's strategy to drive growth beyond consoles.
Factbox: The infinite lives of Nintendo's Italian plumber Mario
The launch of Nintendo Co Ltd's Mario Kart Tour on Wednesday marks the latest game to feature moustachioed Italian plumber Mario who for nearly four decades has gripped gamers as he dodges flying turtles, jumps chasms and rescues Princess Peach.
From U-Bahn to e-scooters: Berlin mobility app has it all
Germany's fast-growing capital Berlin is turning to technology to promote the use of just about every form of urban transport - except the private car - as it races to stop the city from seizing up from increasing traffic congestion.
TomTom's car deals worth $1.76 billion in revenue boost
TomTom said on Tuesday its deals with carmakers are worth about 1.6 billion euros ($1.76 billion), as the Dutch navigation company aims to accelerate revenue growth and considers a share buyback program.
Southeast Asian nations weigh unified approach to regulating Big Tech
Southeast Asian governments are banding together to take on global tech giants on issues including "fake news" and taxation, marking a new stage in the region's approach to the internet's explosive growth.
TomTom says current car deals nearly $1.7 billion in revenue boost
TomTom said on Tuesday its current deals with car makers are worth about 1.6 billion euros ($1.76 billion), as the Dutch navigation company aims to accelerate revenue growth.
Samsung Display plans $11 billion investment in South Korean LCD plant: report
Samsung Display plans to spend 13 trillion won ($11 billion) to upgrade a South Korean liquid crystal display (LCD) plant so it can manufacture more advanced screens, Yonhap news agency reported on Tuesday.
Canada says officials did not act improperly when Huawei CFO was arrested
There is no evidence Canadian border officials or police acted improperly when Huawei Chief Financial Officer Meng Wanzhou was detained and arrested at Vancouver's airport nearly 10 months ago, the attorney general of Canada said in a filing released on Monday.
Australia audits Paypal for money laundering, terror law compliance
Australia's financial intelligence agency on Tuesday ordered an audit of global money transfers by digital payments giant PayPal Holdings Inc amid concerns they are facilitating serious crimes, including child exploitation.
Honda to cease diesel vehicle sales in Europe by 2021
Honda Motor Co Ltd said on Monday it would phase out all diesel cars by 2021 in favor of models with electric propulsion systems, as the Japanese automaker moves to electrify all of its European cars by 2025.
Tech companies back independent watchdog to tackle online extremism
A global working group set up by Facebook, Twitter, YouTube, and Microsoft to remove extremist content will become an independent watchdog working "to respond quicker and work more collaboratively to prevent" attacks like Christchurch, New Zealand Prime Minister Jacinda Ardern said on Monday.
Facebook to buy brain science start-up CTRL-labs
Facebook Inc said on Monday it bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a deal that CNBC was valued at $1 billion.
Tech group to revamp in fight against online extremist content
A consortium of global tech companies, set up to combat extremist content online, said on Monday it plans to revamp the two-year-old organization and appoint an executive director.
Russian man pleads guilty in U.S. to role in hacking scheme that targeted JPMorgan
A Russian man pleaded guilty on Monday to U.S. charges he took part in a massive computer hacking scheme that targeted JPMorgan Chase & Co and other financial services companies.
Canada says officials did not act improperly when arresting Huawei CFO
There is no evidence Canadian border officials or police acted improperly when Huawei Chief Financial Officer Meng Wanzhou was detained and arrested at Vancouver's airport nearly 10 months ago, the Attorney General of Canada said in a filing released on Monday.
Canada says border officials, police did not act improperly when arresting Huawei CFO
There is no evidence Canadian border officials or police acted improperly when Huawei Chief Financial Officer Meng Wanzhou was detained and arrested at Vancouver's airport nearly 10 months ago, the Attorney General of Canada said in a filing released on Monday.
Israel's Cellcom to cut jobs as competition heats up
Cellcom Israel Ltd said on Monday it would cut jobs and payments to suppliers as part of a restructuring plan aimed at returning to profits by the end of 2020.
Software firm TeamViewer expected to price in upper half of range: bookrunner
German software company TeamViewer is expected to price its initial public offering in the upper half of the projected range, one of its bookrunners said on Monday, indicating that one of Europe's largest IPOs of the year remains on track.
Google launches subscription service for select apps and games
Alphabet Inc's Google said on Monday it is rolling out Google Play Pass, a subscription service that gives Android users access to more than 350 apps and games without ads and in-app purchases.
Huawei CFO arrives at Vancouver court for hearing expected to disclose arrest details
Huawei Chief Financial Officer Meng Wanzhou arrived at a Canadian courtroom on Monday along with her lawyers to press for more details surrounding her arrest at Vancouver's airport nearly 10 months ago.
Hyundai Motor Group, Aptiv to set up $4 billion self-driving car venture
Hyundai Motor Group will invest $1.6 billion in a joint venture to develop self-driving vehicle technologies with Aptiv , the biggest overseas investment by the South Korean carmaker to catch up to rivals in the autonomous car market.
Ford recalls 322,000 cars over battery fire risk: kfz-Betrieb
Ford is recalling about 322,000 cars whose batteries could catch fire due to acid leakage, trade publication kfz-betrieb reported on Monday, citing Germany's KBA federal motor authority.