Sun04302017

LAST_UPDATESun, 30 Apr 2017 3pm

China EV Makers To Take On Tesla's Model 3 Through Price, Local Manufacture

Pic: ReutersIt's not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc's "mass market" Model 3 sedan.

Read more: China EV Makers To Take On Tesla's Model 3 Through Price, Local Manufacture

China's ZTE Appoints U.S. Head Cheng As New Mobile Business Chief

Pic: ReutersChina's ZTE Corp has picked the head of its U.S. business to lead its mobile phone business globally, the latest management appointment after it settled a U.S. government probe and agreed to pay a record penalty of nearly $900 million.

Read more: China's ZTE Appoints U.S. Head Cheng As New Mobile Business Chief

IBM Posts First Revenue Miss In Five Quarters, Shares Tumble

Pic: ReutersInternational Business Machines Corp (IBM.N) reported a bigger-than-expected decline in revenue for the first time in five quarters due to weak demand in its IT services business, a sign that the company's turnaround could take longer than expected.

Read more: IBM Posts First Revenue Miss In Five Quarters, Shares Tumble

Netflix Shares On Track For Worst Day In Five Months

Pic: ReutersSAN FRANCISCO: Shares of Netflix fell from record-high territory on Tuesday and were headed for their worst session in five months after a mixed quarterly report failed to impress Wall Street.

Read more: Netflix Shares On Track For Worst Day In Five Months

Japan Government Fund, Bank Mull Bid With Broadcom For Toshiba Chip Unit: Media

Pic: ReutersA Japanese government-backed fund and policy bank are considering a joint bid with Broadcom Ltd for Toshiba Corp's semiconductor business, a move that would vault the U.S. chipmaker into the lead to buy the prized unit, the Asahi newspaper said on Wednesday.

Read more: Japan Government Fund, Bank Mull Bid With Broadcom For Toshiba Chip Unit: Media

Inspired By Pokemon Go, Facebook Pushes Augmented Reality

Pic: ReutersSAN JOSE, CALIF.: Facebook Inc is trying to seize on the technology known as augmented reality, a mix of the real and digital worlds best known from the hit smartphone game Pokemon Go, Chief Executive Mark Zuckerberg said on Tuesday.

Read more: Inspired By Pokemon Go, Facebook Pushes Augmented Reality

Baidu To Launch Autonomous Car Technology In July

Pic: ReutersBaidu Inc said on Tuesday it would open its self-driving car technology for restricted environment in July this year.

Read more: Baidu To Launch Autonomous Car Technology In July

Google To Open Up Android To Rivals In Out-Of-Court Deal With Russia

Pic: ReutersAlphabet Inc's Google will open up its popular Android mobile operating system to rival search engines in Russia as part of a deal to settle a two-year dispute with Russian competition authorities.

Read more: Google To Open Up Android To Rivals In Out-Of-Court Deal With Russia

New York City Taxi Commission Plans To Force Uber To Add Driver Tipping Feature

Pic: ReutersRide-services company Uber Technologies Inc may be required to provide passengers a way to tip their drivers, despite its longstanding resistance, if a plan by New York City's taxi regulator is implemented.

Read more: New York City Taxi Commission Plans To Force Uber To Add Driver Tipping Feature

Unsubsidized Wind And Solar Now The Cheapest Source For New Electric Power

While investments in renewable energy slumped last year, a big drop in unsubsidized costs for new wind and solar power installations indicated that they remain popular energy alternatives.

Read more: Unsubsidized Wind And Solar Now The Cheapest Source For New Electric Power