Toyota is investing $500-million more in Uber, underscoring the Japanese car maker’s efforts to catch up on self-driving technology as General Motors and Waymo lead the race to upend transportation with autonomous vehicles.
Author: Agency Staff
Apple is not only doubling down on the iPhone X, it’s tripling down. The world’s most valuable company plans to launch three new phones soon that keep the edge-to-edge screen design of last year’s flagship.
Elon Musk’s stunning tweet that he wanted to take Tesla private and had funding secured was a classic Musk moonshot – given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.
South Africa has dropped proposals to boost supply from nuclear plants in its latest energy blueprint and will increasingly bring in renewable sources as it trims a reliance on coal.
A red 1962 Ferrari 250 GTO owned by a former Microsoft employee sold for $48.4-million (about R690-million) on Saturday in California, the most ever paid for a classic car at auction.
Elon Musk has scrapped his plan to take Tesla private, a remarkable reversal more than two weeks after blindsiding employees and investors with the idea in a bombshell tweet.
If you need proof that giant technology companies behave a lot like borderless governments, look no further than the brewing “app store taxes” debate.
Just a few months ago, Tencent reigned as the most valuable company in Asia, but it has since suffered a record stock plunge that has wiped more than $140-billion off its market value.
Japan is making a push to develop flying cars, enlisting companies including Uber Technologies and Airbus in a government-led group to bring airborne vehicles to the country in the next decade.
A member of the Gupta family offered former deputy finance minister Mcebisi Jonas R600-million to take the top ministry post and threatened to kill him if he spoke of the offer, Jonas told a judicial inquiry.