Russian driverless tech company Cognitive Pilot sets sights on IPO
Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public offering (IPO) after 2023, its chief executive told Reuters....
Malaysia’s Axiata in talks with 11 to partner up for bid on digital bank license
Malaysian telecoms firm Axiata Group is talking to eleven potential partners, including banks, to jointly bid for a digital banking license, its deputy chief executive,...
China’s Geely starts online auto sales as virus epidemic keeps buyers at home
Chinese automaker Geely [GEELY.UL] has launched a service for customers to buy cars online and get them delivered directly to their homes, in a bid...
Berlin-based scooter firm Tier extends funding round to $100 million
Berlin-based kick scooter company Tier Mobility said on Friday it had extended an investment round to more than $100 million as it seeks to expand...
Vietnam reports supply chain issues from virus, says may hit Samsung output
Vietnam’s manufacturing sector is suffering supply chain issues caused by the coronavirus epidemic, which may lead to a delay in production of Samsung Electronics’ new...
China’s ambitious 5G push heading into slow lane due to coronavirus disruptions
Government measures to contain the spread of the coronavirus in China look set to delay the rollout of next-generation 5G telecom networks, a key technology...
After Amazon, Walmart’s Flipkart challenges India antitrust probe
Walmart’s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following...
Samsung Electronics names non-executive director as board chairman in company first
Samsung Electronics Co Ltd said on Friday it has named a non-executive director as board chairman for the first time, to increase transparency and independence....
Samsung Electronics names former finance minister as its new board chairman
Samsung Electronics said on Friday that former finance minister, Bahk Jae-wan, has become its new board chairman after his predecessor was jailed for union-busting activities....
New Mexico AG sues Google for collecting school kids’ personal data
New Mexico Attorney General Hector Balderas on Thursday sued Alphabet Inc’s Google search engine, alleging that its educational software collects young students’ personal information without...