France, Germany step up effort to build rivals to U.S. cloud firms
France and Germany are stepping up efforts to foster homegrown rivals to U.S. tech giants Amazon and Microsoft in cloud computing, according to a joint...
Norway’s Aker to cooperate with Saudi Aramco on digitalization
Norway’s Aker and Saudi Aramco, the world’s biggest oil producer, have signed a memorandum of understanding to cooperate on industrial digitalization and green solutions, the...
China’s Huawei sees 480 million households worldwide with 5G access by 2025: executive
China’s Huawei Technologies expects around 480 million households worldwide will have access to fifth-generation (5G) broadband service by 2025, the chief executive of its Brazilian...
Russia’s Sberbank to buy stake in Mail.ru to expand in digital economy
Sberbank has agreed to buy Gazprombank’s holding stake in internet company Mail.ru as Russia’s largest lender continues its transformation under Chief Executive German Gref into...
Tesla filing shows U.S. third-quarter sales dropped 39%
Tesla Inc’s third-quarter revenue fell 39% in the United States, a regulatory filing showed https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459019038256/tsla-10q_20190930.htm on Tuesday....
Brazil government to send three bills to Congress to modernize telecoms industry
Brazil’s government is ready to send to Congress three new bills to foster the development of the country’s telecommunications industry, including rules on deployment of...
How horse poop is helping heat homes in Helsinki
Organisers of the FEI World Cup Jumping Show in Helsinki are using horse manure from its equine athletes to provide electricity for the event and...
Buffett-backed BYD warns on 2019 profit as Chinese market contracts
Chinese electric car maker BYD Co Ltd said on Tuesday it expected full-year net profit to fall by as much as 43%, as sales of...
Wall Street casts doubt on GrubHub’s growth plan; shares tank
GrubHub Inc’s plan to expand its network will need a lot of money and take years to realize, Wall Street analysts said on Tuesday, casting...
Mobile game firm Scopely raises $200 million
Mobile game developer and publisher Scopely said on Tuesday it raised $200 million in its latest round of funding, a series D round, led by...