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Tencent profit beats on investment gain, no progress on China gaming

Tencent beat third-quarter profit forecasts on Wednesday but gave no update on a regulatory block in China, the world’s …read more Source: Reuters Tech News

Altice USA CEO calls for fixed-wireless consolidation in the U.S.

Altice USA Chief Executive Officer Dexter Goei called on Wednesday for the consolidation of fixed and wireless telecoms businesses in …read more Source: Reuters Tech News

VW to convert three German plants to build electric cars

Volkswagen has provided job guarantees until 2028 for employees at its Emden and Hanover factories, and will spend 1.2 …read more Source: Reuters Tech News

Netflix tests cheaper mobile-only plan in Malaysia

Netflix Inc is testing a mobile-only subscription plan in Malaysia priced at roughly half its current basic plan in the …read more Source: Reuters Tech News

Uber sees opportunity for minibus service in Kenyan capital

Uber Technologies may roll out a new service in Kenya to help users book seats on minibuses that ply the …read more Source: Reuters Tech News

Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 …read more Source: Reuters Tech News

Ford, Walmart to collaborate on designing automated-vehicle delivery

Ford Motor Co , Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering …read more Source: Reuters Tech News

Tencent profit beats estimates as investment gains offset gaming weakness

Tencent Holdings said on Wednesday its third-quarter net profit rose 30 percent, beating estimates, as investment gains offset a …read more Source: Reuters Tech News

Ford, Walmart collaborate to design automated-vehicle delivery

Ford Motor Co, Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and …read more Source: Reuters Tech News

Tencent third-quarter profit rises 30 percent on investment gains

Tencent Holdings said on Wednesday net profit in the September quarter rose 30 percent, beating estimates, as investment gains …read more Source: Reuters Tech News