Irish drone operator bins fast food for medical drops
Ireland’s Manna Aero should have been dropping off its first takeaway orders around a Dublin university campus by drone in March but then the coronavirus...
Factbox: Investors pour billions into automated delivery startups
Since September, investors have pumped at least $6 billion into more than two dozen startups that are automating delivery of goods and food, from heavy...
Automated delivery cashes in on pandemic-driven demand
The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a...
Panasonic sees strong demand from Tesla, in talks to expand Nevada battery plant
Panasonic Corp’s finance chief said the company is seeing strong demand for battery cells from U.S. partner Tesla and they are in talks to expand...
Hong Kong’s Hang Seng benchmark paves way to include Alibaba
The Hang Seng Index made rule changes on Monday to allow it to incorporate Chinese internet giants Alibaba, Xiaomi and Meituan Dianping, a move set...
Huawei calls U.S. move to curb chips supply ‘arbitrary’, expects business impact
Huawei Technologies in its first official response to the Trump administration’s move to curb its access to global chip supplies called it “arbitrary” and said...
Huawei says expect business impact from U.S. move to cut off chip supply
Huawei Technologies said on Monday that its business will be inevitably impacted by the latest U.S. move to restrict chip sales to the Chinese technology...
Senegal online food company sees sales double due to epidemic
Since the coronavirus reached Senegal, a growing number of residents in the capital have begun ordering groceries online, a welcome boost to a fledgling delivery...
India’s Swiggy to lay off 1,100 employees as COVID-19 hits online food orders
Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs, as a...
SoftBank posts record $13 billion operating loss as tech bets slide
SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financial year as the value of its...