Tech

  • New token sale for blockchain-based currency EOS to launch on Monday NEW YORK (Reuters) – Block.one will launch the sale of a new blockchain-based digital currency or token called EOS on Monday, the tech company said on Thursday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Banks see electric car industry revving up and ushering in an energy fortune Banks are betting on an energy fortune from the electric car industry. And the frantic race is on as Morgan Stanley sees a takeover point of one billion sales by 2050 Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Africa’s “Shark Tank” for startups is Rwanda’s new show “Face The Gorillas”  African startups can now score capital commitments real time―so long as they convince a venture capitalist to give it to them in front of a live audience. That’s the format for Face The Gorillas, a Rwandan IT pitch series that runs several times a year on local TV, YouTube, and at select events. The competition ...
  • CEO Zuckerberg tweaks Facebook mission to focus on groups SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg revised the world’s largest online social network’s mission statement on Thursday to emphasize support for hobby clubs, civil society organizations and other community groups. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Exclusive: Amazon to charge $2.8 million for NFL ad packages – sources NEW YORK (Reuters) – Amazon.com Inc is looking to charge advertisers $2.8 million for packages that include 30-second spots during the Thursday night National Football League games it will stream live to its Prime customers this coming season, two peop… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Judge says San Francisco can subpoena Uber for driver information SAN FRANCISCO (Reuters) – A California state judge said on Thursday that San Francisco can demand from Uber records containing the ride-hailing company’s driver contact information, the city attorney said. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Facebook changes mission statement to ‘bring the world closer together’  “Making the world more open and connected” had one fundamental flaw: it didn’t push for any specific positive outcome from more connection. Technically, it could encompass digital voyeurism via the News Feed, trading in-person friendship for online acquaintanceship or the filter bubbles and echospheres that have further polarized the United States. Read More Share this:Click to ...
  • Hot sneaker marketplace GOAT adds former Twitter COO Adam Bain to board  Sneaker resale marketplace GOAT has been on a bit of a tear since I covered them nearly two years ago. The streamlined app and the incredibly buzzy sneakerhead market have combined for some pretty impressive growth and stickyness. Now GOAT’s Eddy Lu and Daishin Sugano have recruited former Twitter COO Adam Bain, who was a ...
  • CodeFights launches a new practice mode to help developers prepare for job interviews  Most job interviews for developers are somewhat predictable in that they will likely involve some kind of coding — generally on a whiteboard. That’s not really how developers normally work. Because they are so different from most developers’ real-world experience, even the best coders need to practice for these “exams.” CodeFights wants to help developers ...
  • Future Family wants to give women a more affordable option in fertility treatments  More women are having kids in their 30s than in their 20s. However, those closer to 40 than 30 face higher risks than their younger counterparts. Add to that 1 in every 8 couples in the U.S. have some type of fertility issue. More couples are looking at IVF and other fertility treatments. But those treatments ...
  • The company called Blockchain raises $40 million  Blockchain (the company) just raised a $40 million Series B funding round led by Lakestar. Blockchain has been working on the most popular bitcoin wallet in the world. You can open a wallet on the company’s website or through its mobile apps. GV, Nokota Management, Digital Currency Group and existing investors Lightspeed Venture Partners, Mosaic ...
  • Facebook announces dates for its Oculus Connect 4 conference  Facebook’s Oculus is returning to San Jose on October 11-12 this year to share some news about the future of VR at the company’s Oculus Connect 4 developers conference. This past year’s conference was very much focused on showing off the content being made for Oculus’ GearVR and Rift platforms. It was also notable because Facebook’s ...
  • Tesla said to be in talks to create its own streaming music service  Tesla might be a music service operator soon, in addition to a maker of electric cars and solar energy products. That’s according to a new report from Recode, which says that Tesla has been talking to music labels to make this happen. The planned offering could start with a free, Pandora-like streaming radio option, which theoretically ...
  • ABBYY’s new version of TextGrabber is a super useful OCR and translation app ABBYY has been being doing optical character recognition software since forever, but it’s now brought its software to mobile. If you want to capture text and make it actionable (click on links or ping out to map directions) this is an extremely useful app. Its new ABBYYs TextGrabber 6.0 for iOS has just gone live ...
  • Trump meets wireless, drone executives on new technologies WASHINGTON (Reuters) – U.S. President Donald Trump offered support for emerging technologies including unmanned aerial vehicles and next-generation wireless networks in a meeting on Thursday with the chiefs of AT&T Inc and General Electric Co and other business leaders. Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Apple Seeds Fourth Beta of iOS 10.3.3 to Developers Apple today seeded the fourth beta of an upcoming iOS 10.3.3 update to developers, a little over one week after seeding the third beta and more than a month after the release of iOS 10.3.2, a minor bug fix update. Registered developers can download … Share this:Click to email this to a friend (Opens in new window)Click ...
  • Apple Seeds Fourth Beta of tvOS 10.2.2 to Developers Apple today seeded the fourth beta of an upcoming tvOS 10.2.2 update to developers for testing purposes, a little over one week after seeding the third beta of tvOS 10.2.2 and more than a month after releasing tvOS 10.2.1, a minor update focusing on bu… Share this:Click to email this to a friend (Opens in new ...
  • Civic sells $33 million in digital currency tokens in public sale NEW YORK (Reuters) – U.S. startup Civic has sold $33 million in digital currency tokens for its identity verification project in a public sale, the company’s co-founder and Chief Executive Vinny Lingham told Reuters. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Tesla moves a step closer to building electric cars in China (Reuters) – Tesla Inc took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement on Thursday that it is in exploratory talks with the Shanghai municipal government. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Tesla reaches agreement with Shanghai to explore production: Bloomberg Tesla’s revenue from China more than tripled to over $1 billion last year, according to its annual report. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share ...
  • Facebook to keep wraps on political ads data despite researchers’ demands SAN FRANCISCO (Reuters) – Facebook said it would not disclose information about political campaign advertising or related data such as how many users click on ads and if advertising messages are consistent across demographics, despite arguments from p… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Europe sets sights on cheap rocket engine by 2030s PARIS (Reuters) – Europe aims to develop a low-cost, reusable rocket engine for use after 2030 under a deal between Airbus Safran Launchers and the European Space Agency (ESA). Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Tech industry asks who will lead Toshiba’s motley white knights TOKYO (Reuters) – A hastily-assembled group of investors looks set to win the bid for Toshiba Corp’s prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy a… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion – sources HONG KONG (Reuters) – Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state beh… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • OnePlus launches new flagship model Shenzhen-based smartphone startup OnePlus unveiled its new 5.5-inch flagship phone on Wednesday in Beijing. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • Nissan-Renault plan driverless ride-hailing service to beat off startup competition TOKYO (Reuters) – The Nissan Motor Co Ltd and Renault SA alliance plan to launch driverless ride-hailing and ride-sharing services in coming years, as the automakers look beyond making and selling cars to survive an industry being quickly transformed b… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Exclusive: Fake online stores reveal gamblers’ shadow banking system LONDON (Reuters) – A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion – sources HONG KONG (Reuters) – Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behem… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Google to push for law enforcement to have more access to overseas data WASHINGTON (Reuters) – Alphabet Inc’s Google will press U.S. lawmakers on Thursday to update laws on how governments access customer data stored on servers located in other countries, hoping to address a mounting concern for both law enforcement offic… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Daimler’s Uber rival mytaxi expands into Romania LONDON (Reuters) – Mytaxi, the ride hailing app owned by German carmaker Daimler , has agreed to buy a Romanian rival as part of efforts to create a pan-European service to take on Uber. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • New Slack Rival ‘Twist’ Aims to Streamline Team Interaction With Fewer Distractions The group behind popular productivity app Todoist today launched a new team chat platform called Twist, which aims to make online collaboration more meaningful and efficient while minimizing distractions. Eschewing the more traditional real-time chat channels common to services like Slack, the Twist interface instead splits channels into topic-specific threads that function like online message ...
  • Sign up for 2-4-1 tickets to Disrupt Berlin by June 29  So you missed the first round of deeply discounted tickets to Disrupt Berlin 2017? It’s cool; we’ve got you. On June 29, we’ll be releasing another batch of two-for-one Disrupt tickets, giving you not just one, but two whole tickets to the best startup show in Europe for the same price. Read More Share this:Click to ...
  • China peddles into Japan with bike-sharing giant service Chinese bicycle-sharing startup Mobike Technology Co Ltd will expand its services into the overseas market and launch in Japan later this year. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • Chinese bicycle-sharing startup Mobike expands into Japan SHANGHAI (Reuters) – Chinese bicycle-sharing startup Mobike has set up a subsidiary in Fukuoka city in northern Japan and plans to begin service later this year, it said on Thursday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • UK’s Imagination Tech up for sale after battle with Apple LONDON (Reuters) – Imagination Technologies, the British company that has lost 70 percent of its value following a dispute with its biggest customer Apple, said on Thursday it had put itself up for sale. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO TAIPEI (Reuters) – Taiwan’s Foxconn will continue to pursue an acquisition of Toshiba Corp’s chip business, a day after the troubled conglomerate chose a rival suitor as the preferred bidder, the head of Foxconn’s Japanese unit said. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • The Eero Beacon is the perfect addition to its family of mesh WiFi products  Since launching two years ago, wireless networking startup Eero has sought to make it easier for consumers to blanket their homes in strong WiFi. With the its newest hardware products, Eero took a step forward in that goal, in part by introducing a small-footprint Beacons that can be placed nearly anywhere in a person’s house or ...
  • Watch former Apple engineers and Scott Forstall discuss the creation of the iPhone  Last night at the Computer History Museum, former New York Times reporter John Markoff interviewed some of the original engineers who work on the first iPhone that was unveiled in January 2007. Hugo Fiennes, Nitin Ganatra, and Scott Herz all talk… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • British luxury smartphone maker to use Chinese chips Vertu, one of the world’s leading manufacturers of luxury mobile phones, has announced that it has signed an agreement with TCL Communication. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • Toshiba shares slip as it gears up for chip unit sale TOKYO (Reuters) – Shares of Toshiba Corp skidded on Thursday, as the company aims to seal a deal worth some $18 billion by next week for the sale of its chip business needed to cover massive losses. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Crunch Report | Uber CEO Travis Kalanick Resigns The CEO of Uber, Travis Kalanick, resigns from the company, Tesla gets a new lead, Andrej Karpathy, for their autopilot program, University of Michigan students get driverless shuttles and Snapchat introduces Snap Maps. All this on Crunch Report. Read … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • White House aims to speed U.S. drone, wireless technologies WASHINGTON (Reuters) – The White House is bringing together drone makers, wireless companies and venture capitalists on Thursday to look at ways government can help speed new technologies to the marketplace. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Trump might kill next month’s new startup visa before it takes effect  According to a report by the San Francisco Chronicle, the Trump administration may rescind or indefinitely delay the International Entrepreneur Rule, widely regarded as the U.S. version of a startup visa. Overseen by the Department of Homeland Security the rule is intended to “increase and enhance entrepreneurship, innovation, and job creation in the United States.” ...
  • iOS 11 Beta 2 Changes: Control Center Tweaks, Experimental Safari Settings, Do Not Disturb While Driving and More Apple this afternoon seeded the second beta of iOS 11 to developers, with the update coming as something of a surprise because betas normally come on Monday or Tuesday mornings. iOS 11 beta 2 introduces a very long list of bug fixes to address issues that were discovered in the first beta of iOS 11, and ...
  • First Apple Store in Taiwan to Open on July 1 Apple’s first retail store in Taiwan will open on Saturday, July 1 at 11:00 a.m., according to Apple’s Taiwanese website, which the company has been updating with new details on the store since it was announced. To celebrate the store’s opening, p… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Amazon’s grocery push playing catch up with Chinese e-commerce giants BEIJING (Reuters) – As Amazon.com Inc looks to swallow U.S. grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better su… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Apple goes after clones and spam on the App Store  Every time Apple’s developer conference rolls around we get a smattering of changes to the App Store Review guidelines. This corpus of rules can be, in turns, opaque and explicit and has caused a decent amount of consternation over the years for developers as they try to read into how Apple might interpret one rule ...
  • Growbots raises $2.5M for its machine learning-based sales automation platform  Growbots uses machine learning to provide sales teams with the right leads to kickstart their outbound sales process. The service, which argues that its product can save each member of a sales team a few days of work every month, today announced that it has raised a $2.5 million funding round from Buran VC, Lighter Capital ...
  • Argentina’s government is wooing entrepreneurs with a new law  Despite years of economic uncertainties and the lack of a proper legal framework to help promising startups obtain capital, Argentine entrepreneurs are building a vibrant entrepreneurial ecosystem. The country is home to many of Latin America’s biggest startup success stories, and with the introduction of one new law, the pathway to success is about to ...
  • Snapchat acquires social map app Zenly for $250M to $350M  Zenly’s app lets users see where their friends currently are on a map using constant GPS in the background. People can then message these friends in the app to make plans to hang out. The Paris-based startup hit 2 million downloads last year, mostly from teens trying to keep up with their friends around town, at ...
  • Oracle beats profit estimates on cloud push, shares jump (Reuters) – Oracle Corp’s quarterly profit blew past analysts’ estimates as the business software maker’s big push toward cloud-based products and services paid off. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on ...
  • Low U.S. inflation? It’s your phone: BlackRock bond manager NEW YORK (Reuters) – Americans’ love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, a top bond manager at BlackRock, the world’s biggest asset manager, said on … Share this:Click to email this to a friend (Opens in new window)Click ...
  • Apple adds Virgin to U.S. carrier lineup as Virgin ditches Android (Reuters) – Apple Inc will soon start selling wireless plans from Virgin Mobile USA, the first new carrier offered by the iPhone maker’s since 2013, the companies said on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Navya driverless shuttles to begin ferrying University of Michigan students this fall  Navya will deploy two of its driverless multi-passenger shuttles this fall at the University of Michigan, moving students autonomously between Michigan’s North Campus Research Complex and its Lurie Engineering Center across a two-mile route. The 15-passenger vehicles are being deployed in conjunction with Mcity, the University of Michigan-led partnership with autonomous private… Read More Share this:Click ...
  • Don’t cry for me, Ubertina  Uber has been in trouble for a while. The company was built on a bro-tastic, anything goes attitude that goes way back to God View and the targeted harassment of journalists. In short, it was built on an original sin that was never washed clean. … Share this:Click to email this to a friend (Opens in ...
  • Founder’s Corner: Wealthfront’s Andy Rachleff on growing a business  Omidyar Network’s Emerging Tech team has launched the second season of its podcast, Founder’s Corner, with lessons from today’s premier founders and CEOs. We will be speaking with some of the top executives in tech. This season features investor and entrepreneur Reid Hoffman, Yancey Strickler, CEO and cofounder of Kickstarter, Gina Bianchini, CEO and founder of ...
  • Intel signs Olympics sponsorship deal SAN FRANCISCO (Reuters) – Intel Corp said on Wednesday that it would become a major sponsor of the International Olympic Committee, making the chipmaker the latest technology company to put marketing dollars behind the global sporting event. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Twitter to let streaming video stars collect money from fans SAN FRANCISCO (Reuters) – Twitter Inc plans on Wednesday to launch a system for people to earn money by streaming live on its Periscope service, a first for Twitter and a way for the company to try to compete with YouTube and others in the search for … Share this:Click to email this to a ...
  • Intel and the IOC ink 7-year Olympics tech deal for VR, drones and more  Intel has been targeting the sports industry as part of its bigger push into emerging technologies (and finding customers for the resulting new services), and today the company announced its latest play in that area. Intel has signed a wide-ranging deal with the International Olympic Committee to develop technology solutions for the Olympic Games, including developing ...
  • RE2 tapped by U.S. Air Force to build robot pilots to fly traditional aircraft  Autonomous flight systems and aircraft are already in testing by the U.S. Air Force and other defense agencies, and now RE2 Robotics has been picked by the USAF to build a retrofit robot pilot that can easily take the controls of traditional, hum… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Russian hackers targeted 21 U.S. states during election: U.S. official WASHINGTON (Reuters) – Russian hackers targeted 21 U.S. states’ election systems in last year’s presidential race, a Department of Homeland Security official told Congress on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • EBay to match some rivals’ prices in bid to attract shoppers (Reuters) – EBay Inc on Wednesday said it would match top competitors’ prices for a number of popular products in an effort to lure customers. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on ...
  • Mic adds $6.5M from WPP to build out its news brand for millennials  Millennials remain a hot target for digital marketing and advertising, and so perhaps unsurprisingly, a startup building news and other publishing services targeted specifically at that demographic has raised some money from one of the world’s biggest ad agencies. Mic, the New York-based site and publisher of “branded content” aimed at 20- and early 30-somethings ...
  • Mayor of London’s plan for city transport aims for zero emissions by 2050  London could be a lot more green by 2050 – Mayor Sadiq Khan has outlined a plan for transportation service (via Engadget) in the city that would make the whole system, including taxis, cars and buses, totally emission free by that year. Even though that’s over 30 years away, it’s still an incredibly ambitious plan ...
  • Intel to collaborate with Israel’s Team8, Illusive on cybersecurity JERUSALEM (Reuters) – Intel Corp. has joined Team8, an Israeli creator of cybersecurity start-ups, as a strategic partner and will help with the formation of companies that address the largest cybersecurity problems, Team8 said on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Jack Ma takes first step to fulfill his promise to Trump China’s e-commerce giant Alibaba Group chose Detroit, Michigan to stage its inaugural two-day Gateway ’17 Summit, which kicked off on Tuesday and is designed to educate American small- and medium-sized enterprises (SMEs) on the Chinese market and consu… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • TrueLayer raises $3M Series A to provide fintech companies with easy access to bank APIs  TrueLayer, a London startup that’s built a developer platform to make it easy for fintech companies to access bank APIs — and ride the PSD2 gravy train — has raised $3 million in Series A funding. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Twist is Slack without the annoying distractions  When Slack implemented threaded conversations, it seemed like the holy grail for internal communications. Slack finally lets you talk about multiple things in separate conversations. But Slack remains a real-time messaging service at heart, so threads don’t feel native. It works well for many teams, but some companies would prefer something a bit more asynchronous ...
  • 10 Chinese firms ranked among world’s top 14 smartphone suppliers Chinese mainland companies took 10 spots among the world’s top 14 smartphone suppliers in 2016, according to a recent report by market research institute IC Insights. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Startup Cybereason raises $100 million from SoftBank (Reuters) – Cybereason said on Wednesday it received $100 million in investment from its biggest investor SoftBank Corp, as the cybersecurity-focused startup looks to develop new technologies and increase distribution channels. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Honda halts Japan car plant after WannaCry virus hits computer network TOKYO (Reuters) – Honda Motor Co said on Wednesday it halted production at a domestic vehicle plant for a day this week after finding the WannaCry ransomware that struck globally last month in its computer network. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Volvo Cars relaunches Polestar as standalone electric car brand STOCKHOLM (Reuters) – Geely-owned automaker Volvo Cars will make its Polestar Performance business a standalone brand within the group, focusing on electric cars, the company said on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • SoftBank founder Son pledges to stay at helm as company’s firepower grows TOKYO (Reuters) – SoftBank Group founder Masayoshi Son, Japan’s richest man, said on Wednesday he’ll spend the next decade identifying a successor to drive his rapidly growing technology empire, which has amassed an unprecedented investment warchest o… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Uber co-founder Travis Kalanick resigns as chief executive: NYT (Reuters) – Uber Technologies Inc co-founder Travis Kalanick stepped down as chief executive of the ride-hailing service, following intense pressure from investors, the New York Times reported on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Facebook gets Indonesia nod for local unit, country’s investment chief says JAKARTA (Reuters) – Social networking giant Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia and the government is now processing the details, the country’s investment chief said on Wednesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...