technology

EXCLUSIVE China’s tech crackdown thwarts Pony.ai’s U.S. listing plans -sources

Autonomous driving startup Pony.ai has put on hold plans to go public in New York through a merger with a…

4 years ago

Elon Musk visits Germany, meets with state leaders over ‘gigafactory’

Tesla (TSLA.O) CEO Elon Musk on Wednesday evening met with the leadership of Brandenburg, the German state where the group's 5.8 billion…

4 years ago

U.S. House Democrats seek at least $160 billion in new EV funding

A group of 29 U.S. House Democrats want congressional leaders to include at least $160 billion in additional funding for…

4 years ago

Rivian considers $5 billion EV plant in Texas, document shows

Amazon.com Inc (AMZN.O) backed electric vehicle (EV) company Rivian is in discussions to invest at least $5 billion in a new vehicle…

4 years ago

Chinese tech firms ‘self-correct’ to get ahead of potential regulatory fury

Fretting about unprecedented regulatory heat for China's tech sector, some companies are no longer waiting for any official reprimands that…

4 years ago

eCom Scotland searches for an elusive milestone

Products from the digital learning and assessment specialist, eCom Scotland, are now being used in 190 countries around the world.…

4 years ago

S.Korea’s Krafton, maker of hit game ‘PUBG’, tumbles on debut

Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds" (PUBG), fell as much as…

4 years ago

Wolfsburg, we have a problem: How Volkswagen stalled in China

In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company's…

4 years ago

NetEase delays $1 bln Hong Kong listing of music streaming firm – sources

NetEase Inc (9999.HK) has delayed the $1 billion Hong Kong initial public offering of its music streaming service Cloud Village…

4 years ago

Siemens raises profit guidance again as industrial demand ramps up

German engineering and technology company Siemens (SIEGn.DE) raised its profit guidance on Thursday for the third time this year on…

4 years ago