Satellite imagery company Maxar to sell its robotics unit for C$1 billion
U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its space robotics business to a consortium led by Northern Private Capital...
Higher EV demand drives Tesla-rival Nio’s quarterly sales beat, shares surge
Tesla-rival Nio Inc on Monday beat quarterly revenue estimates on higher demand for its electric vehicles, sending the company’s U.S.-listed shares up more than 13%...
China’s Huawei gets India nod to participate in 5G trials
The Indian government has allowed Chinese telecom company Huawei Technologies Co to participate in trials for 5G networks, a company spokesman said on Monday....
British digital bank Monzo closes in on new fundraising round
British digital bank Monzo is close to raising between 50 to 100 million pounds ($65.58-$131.16 million) within weeks to help fund its rapid growth, a...
Maxar Technologies to sell its robotics business for C$1 billion
U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its space robotics business to a consortium led by Northern Private Capital...
Israeli M&A value slips 6% in 2019 to $20.4 billion – report
The value of mergers and acquisitions in Israel in 2019 fell 6% to $20.4 billion though the number of deals rose 34% to 166, according...
Tesla delivers first China-made Model 3 sedans in just under a year
Tesla has started delivering Model 3 electric cars built at its Shanghai factory in just under a year since it began work on the $2...
Vodafone Hutchison Australia partners with Nokia to kick off 5G rollout
Hutchison Telecommunications (Australia) Ltd said on Monday its broadband services joint venture with Vodafone had partnered with Nokia to roll out 5G services in Australia....
Brazil’s Totvs buys tech company Consinco to strengthen retail ops
Brazilian software company Totvs SA said on Saturday its subsidiary Soluções em Software e Serviços TTS has agreed to acquire technology firm Consinco SA for...
Amazon’s Ring cameras are vulnerable to hackers, lawsuit in U.S. claims
Amazon.com Inc and its Ring home security camera unit have been sued by an Alabama homeowner who said the cameras’ defective design leaves purchasers vulnerable...