BEIJING (Reuters) – Daimler’s Chinese truck venture partner Beiqi Foton Motor aims to sell 200,000 new energy commercial vehicles by 2025, its chairman, Zhang Xiyong, told a conference on Saturday. Foton, a BAIC Group unit, will develop battery electric, hydrogen fuel cell and gasoline-electric trucks and vans, Zhang said, without giving details of the company’s
Technology
(Reuters) – Microsoft Corp (MSFT.O) has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company said on Friday. FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles,
(Reuters) – Online platforms including Facebook (FB.O) and Alphabet Inc’s (GOOGL.O) Google face growing pressure to stop carrying political ads that contain false or misleading claims ahead of the U.S. presidential election. FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019.
NEW YORK (Reuters) – The U.S. government will strictly enforce a rule that requires cryptocurrency firms engaged in money service businesses such as digital asset exchanges and wallet service providers to share information about their customers, Kenneth Blanco, director of the Financial Crimes Enforcement Network (FinCEN), said on Friday FILE PHOTO: A bitcoin logo is
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, November 5, 2019. REUTERS/Pascal Rossignol/File Photo WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) on Thursday said it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to Microsoft Corp (MSFT.O), expressing concern that politics got
LISBON (Reuters) – Altice is analyzing offers it has received in the last few months for its Portuguese fiber optic network and expects the long-awaited sale to happen “very soon,” the telecoms firm said on Thursday. FILE PHOTO: Plastic pens with logos of Altice in Paris, France March 20, 2018. REUTERS/Benoit Tessier/File Photo Altice Europe,
WASHINGTON (Reuters) – Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet’s Google (GOOGL.O), Facebook (FB.O), Amazon (AMZN.O) and Apple (AAPL.O) on Wednesday, with the chair of a House subcommittee expressing frustration over the companies’ continued acquisitions. FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Google logo
FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid (Reuters) – Walt Disney Co on Wednesday said its new streaming service, Disney+, has reached 10 million sign-ups since launching on Nov. 12, sending shares
FILE PHOTO: People shop at a UNIQLO by Fast Retailing store at Kansai International Airport in Osaka, Japan October 28, 2017. REUTERS/Thomas White TOKYO (Reuters) – Japanese fashion group Fast Retailing Co Ltd (9983.T), owner of clothing chain Uniqlo, on Wednesday said it has partnered two robotics startups to help improve efficiency in warehousing and
(Reuters) – Walt Disney Co said demand for its much-anticipated streaming service, Disney+, was well above its expectations in a launch on Tuesday marred by complaints from users about glitches and connection problems. An error message for Disney’s streaming service is seen on a TV in New York, U.S. November 12, 2019. REUTERS/Ken Li Disney+
SINGAPORE (Reuters) – China’s proposed digitized domestic currency is not a bid to gain full control of information belonging to the general FILE PHOTO: A China yuan banknote featuring late Chinese chairman Mao Zedong and a computer keyboard are seen reflected on an image of Chinese flag in this illustration picture taken November 1, 2019.
FILE PHOTO: The Apple Inc. logo is seen hanging at the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar (Reuters) – Apple Inc (AAPL.O) is aiming to launch augmented-reality headset in 2022 and a sleeker pair of AR glasses by 2023, news website The Information reported on Monday,
HANGZHOU, China (Reuters) – Chinese e-commerce giant Alibaba Group Holding Inc (BABA.N) on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year. The logo of Alibaba Group is seen during Alibaba
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo BENGALURU (Reuters) – A probe into Goldman Sachs Group Inc’s credit card practices has been initiated after tweets from a
FRANKFURT (Reuters) – Siemens (SIEGn.DE) Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk. FILE PHOTO: Siemens CEO Joe Kaeser looks on before visit of German Chancellor Angela Merkel at
FILE PHOTO: Makan Delrahim, assistant Attorney General, Antitrust Division, U.S. Department of Justice speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. REUTERS/ Mike Blake BOSTON (Reuters) – The U.S. Justice Department antitrust chief said on Friday that existent U.S. antitrust laws are “flexible enough” to address harm caused by