Volkswagen’s boss, Herbert Diess, is realistic about the threat posed by software-savvy and richly valued rivals such as Tesla, but he’s adamant that VW can prevail. On current form, he may be right.
Author: Agency Staff
Samsung Electronics has warned it’s grappling with the fallout from a “serious imbalance” in semiconductors globally, becoming the largest tech giant to voice concerns about chip shortages.
Google will cut the service fee it charges developers on its app store by half on the first $1-million they earn in revenue in a year, after a similar move by rival Apple last year.
Coinbase Global, the largest US cryptocurrency exchange, said on Wednesday that recent private market transactions had valued the company at around $68-billion.
Just like Samsung has an edge over Apple with its superior smartphone display, there is one area where VW may be ahead of Tesla: The German car maker has placed a big bet on next-generation lithium-ion batteries.
Fintech company Flutterwave has teamed up with US payments giant PayPal to enable PayPal customers to pay African merchants through its platform, the Africa-focused payments firm said on Tuesday.
Huawei Technologies will begin charging mobile giants like Apple a “reasonable” fee for access to its trove of wireless 5G patents, potentially creating a lucrative revenue source.
China’s government has asked Alibaba Group to dispose of its media assets, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
China’s top leader has warned that Beijing will go after so-called “platform” companies, a sign that the months-long crackdown on the country’s Internet sector is only just beginning.
Encrypted messaging app Signal appeared to no longer be working in China without the use of a virtual private network on Tuesday morning, users in the country said.