Dyson, best known for its vacuum cleaners and hand dryers, is charging ahead with a £2-billion push to start building electric cars, unveiling plans to turn a former airfield into a vehicle testing site.
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Amazon.com headed for its biggest gain in four months, pulling within US$26-billion of becoming America’s second trillion-dollar company, after Morgan Stanley said sales growth remains strong.
Apple has acquired Akonia Holographics, a six-year-old maker of displays for augmented reality glasses, as the iPhone maker explores a foray into the burgeoning field.
Just days after hastily abandoning a short-lived exploration of taking Tesla private, Elon Musk has returned to Twitter to showcase the impulsiveness that has raised the eyebrows of investors and regulators alike lately.
US President Donald Trump has accused Google of rigging its search results to give preference to negative stories about him, adding his voice to conservatives who accuse social media companies of favouring liberal viewpoints.
Storm clouds are brewing over the global technology industry. A host of hardware companies are sitting on inventory stockpiles not seen since the financial crisis a decade ago.
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.
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.
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.