Chinese electric car makers, nurtured by state, now look for way out of glut
Humming away in an industrial estate in the eastern Chinese resort city of Hangzhou, electric vehicle designer Automagic is one …read more Source: Reuters Tech News
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Waive wireless bills for some Hurricane Michael victims: U.S. FCC chief
U.S. Federal Communications Commission Chairman Ajit Pai on Tuesday called for wireless carriers to waive October bills for people hardest …read more Source: Reuters Tech News
IBM revenue misses as server, software sales slow
IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe …read more Source: Reuters Tech News
Netflix eases Wall Street worries with record quarter
Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, …read more Source: Reuters Tech News
Uber boosts bond offering to $2 billion: Bloomberg
Ride-hailing firm Uber Technologies Inc increased the size of its debut bond offering to $2 billion as orders for the …read more Source: Reuters Tech News
Mexican top court rejects ban on cash fares for ride-hailing firms
The Mexican Supreme Court on Tuesday struck down a ban on cash fares for ride-hailing firms, setting a key precedent …read more Source: Reuters Tech News
Waive wireless bills for some Hurricane Michael victims: FCC chief
U.S. Federal Communications Commission Chairman Ajit Pai on Tuesday called for wireless carriers to waive October bills for people hardest …read more Source: Reuters Tech News
Uber boosts junk-bond offering to $2 billion: Bloomberg
Ride-hailing firm Uber Technologies Inc increased the size of its debut bond offering to $2 billion as orders for the …read more Source: Reuters Tech News
IBM misses revenue estimates as server, software sales slow
International Business Machines Corp missed Wall Street estimates for third-quarter revenue as software sales slow down and a boost from …read more Source: Reuters Tech News
Netflix subscriber growth beats estimates, shares surge
Netflix Inc added about 7 million streaming customers in the latest quarter, 1.8 million more than Wall Street expected, as …read more Source: Reuters Tech News