Hyundai said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%.
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Elon Musk, the outspoken South African-born entrepreneur behind Tesla and SpaceX, is now the richest person on the planet.
The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said.
Huawei this year will likely see slower 5G business and push further into software, while hoping its smartphones get a reprieve from US sanctions which last year struck the chip-reliant heart of its group, analysts said.
US President Donald Trump has signed an order banning US transactions with eight digital Chinese payment platforms including Ant Group’s Alipay in 45 days, when he’ll no longer be in office.
Bitcoin fell sharply on Monday, losing ground from a record high of $34 800 touched a day earlier, with traders citing volatility in highly leveraged futures markets.
Investors are weighing how big to go on US technology stocks in the coming year, as pricier valuations, regulatory risks and a revival of the market’s beaten-down names threaten to dim their allure.
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter said.
Microsoft is working on in-house processors for the servers running its cloud computing services and Surface line of PCs, potentially cutting its reliance on Intel, a person familiar with the matter said.
Elon Musk on Sunday asked about the possibility of converting “large transactions” of Tesla’s balance sheet into bitcoin, according to a Twitter exchange.