Ford is reinventing one of its marquee models – the Mustang muscle car – as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.
Author: Agency Staff
HP’s board unanimously rejected Xerox’s unsolicited takeover proposal, saying the $22/share offer is too low and citing concerns about the smaller rival’s prospects in the printing industry.
Orange, France’s dominant phone company, is starting preparations for a potential initial public offering of its Africa and Middle East unit, people familiar with the matter said.
This time it’s official. Microsoft co-founder Bill Gates overtook Amazon.com’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than two years.
Jack Ma, the co-founder of Alibaba Group, said African entrepreneurs will find countless opportunities in e-commerce, logistics and e-payments as the continent prepares for the start of a free-trade deal.
Chinese technology giant Huawei has begun selling its first foldable smartphone without Google apps or US-made processor chips following sanctions imposed by Washington.
Amazon.com has given notice that it will file a lawsuit challenging the US defence department’s decision to award Microsoft a cloud computing contract valued at as much as $10-billion over a decade.
Taiwan has suspended sales of three Huawei smartphone models that identify Taiwan as part of China, striking a fresh blow in a long-running conflict over references to sovereignty.
South African municipalities’ inability to provide consistent power is exacerbating supply disruptions by the debt-stricken state electricity utility, hobbling efforts to revive the nation’s economy.
Motorola is rebooting the iconic Razr flip phone as a 6.2-inch smartphone with a foldable display that gives the Lenovo-owned brand a unique selling point against Apple and Samsung’s finest.