Samsung Elec board chairman jailed on union-busting charge
Samsung Electronics Co Ltd board chairman Lee Sang-hoon was sentenced to 1-1/2 years jail on Tuesday for sabotaging legitimate union activities, a South Korean court...
Toyota to deploy advanced self-driving capabilities in mobility service vehicles first
Toyota Motor Corp’s automated driving R&D unit on Tuesday said it planned to deploy advanced self-driving capabilities in mobility service vehicles before it does so...
Israeli radar technology provider Arbe raises $32 million
Arbe, an Israeli provider of radar sensing technology for driver safety and autonomous vehicles, said on Monday it raised $32 million in private funding round,...
As Brazilian payment apps multiply, some warn of a shakeout
Banking apps backed by SoftBank Group Corp, China’s Tencent Holdings Ltd and others are proliferating in Brazil, offering such a dizzying array of choices that...
Netflix’s Asia-Pacific business has biggest gains over the past three years
Streaming giant Netflix is accelerating its growth overseas, with its Asia-Pacific business recording the biggest membership and revenue gains among all regions over the past...
Automakers, congressional aides do not expect budget deal will hike $7,500 EV tax credit
Automakers and congressional aides told Reuters they do not expect the U.S. Congress will extend a $7,500 tax credit for electric vehicles in a year-end...
Airbnb, online service or property agent? EU court to rule December 19
Is it an online booking service? Or a real estate agent? U.S. homesharing site Airbnb will on Dec. 19 know how it should be labeled...
Intel buys AI startup Habana Labs for $2 billion
Intel Corp has acquired Israel-based artificial intelligence firm Habana Labs for about $2 billion, the chipmaker said on Monday, in a bid to strengthen its...
Intel acquires Israel-based Habana Labs for $2 billion
Intel Corp has acquired Israel-based artificial intelligence firm Habana Labs for about $2 billion, the chipmaker said on Monday....
BT sells Spanish assets to Portobello Capital in first international exit
Britain’s BT has sold its Spanish fiber networks and data centers to local private equity group Portobello Capital in the first step to sell some...