South Korea’s Myongshin to build EVs for Chinese brand at ex-GM plant
South Korea’s Myongshin has agreed to build more than 50,000 electric vehicles a year for Chinese venture Future Mobility Corp (FMC) at a closed plant...
Rheinmetall, Voith vie for Volkswagen’s transmissions maker Renk: sources
German auto and defense supplier Rheinmetall and engineering group Voith are vying for transmissions maker Renk, which Volkswagen has put up for sale to free...
U.S.-Israeli web design platform Duda raises $25 million in equity
U.S.-Israeli web design platform Duda said on Wednesday it raised $25 million in equity from Susquehanna Growth Equity, bringing its total funding to date to...
Nintendo’s Mario mobile game has server overload on launch day
Nintendo Co Ltd’s hotly awaited mobile title Mario Kart Tour launched on Wednesday with many users initially complaining server overload meant they were unable to...
Bitcoin near three-month lows after tepid response to NYSE owner’s futures
Bitcoin struggled on Wednesday to recover from the three-month lows it reached a day earlier, moves that traders blamed on a lukewarm reception for a...
TeamViewer shares open flat after Europe’s biggest IPO of the year
Shares in German software company TeamViewer traded flat at their offer price in Frankfurt on Wednesday, their first day of trading, in what is Europe’s...
WeWork chief Neumann’s top lieutenants step up as successors
As WeWork parent We Company’s CEO Adam Neumann asked Artie Minson and Sebastian Gunningham to separately take care of the U.S. office-sharing space start-up’s finances...
Toyota preparing next-gen Mirai fuel-cell car for 2020 launch: chairman
Toyota Motor Corp is preparing to launch the second generation of its Mirai fuel-cell car next year, Chairman Takeshi Uchiyamada said on Wednesday....
Alibaba unveils self-developed AI chip for cloud computing services
Alibaba Group Holdings Ltd said on Wednesday it has developed a new chip that specializes in machine-learning tasks and which will be used to enhance...
Alibaba unveils self-developed AI chip for cloud computing division
Alibaba Group Holdings Ltd said on Wednesday it has developed a new chip that specializes in machine-learning tasks and which will be used in services...