Wireless speaker maker Sonos Inc files for IPO
Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity …read more Source: Reuters Tech News
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Ant Financial mega-fundraising leads sovereign investments in second quarter
Ant Financial’s record-setting $14 billion funding round led sovereign investor transactions in the second quarter against a backdrop of rising …read more Source: Reuters Tech News
Spain’s Cabify denies reports it may sell to U.S. peer Lyft
Spanish ride-hailing app Cabify said on Friday it had held no talks over selling any part of its business, after …read more Source: Reuters Tech News
HTC’s June sales slump 68 percent, biggest drop in over two years
Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than …read more Source: Reuters Tech News
Daimler gets green light for self-driving vehicle tests in Beijing
China’s capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real …read more Source: Reuters Tech News
LG Electronics says second-quarter profit likely up 16.1 percent, misses analyst estimates
South Korea’s LG Electronics Inc on Friday said operating profit likely rose 16.1 percent in April-June, albeit weighed down by …read more Source: Reuters Tech News
LG Electronics says second-quarter profit likely rose 16.1 percent, misses estimates
SEOUL (Reuters) – South Korea’s LG Electronics Inc on Friday said second-quarter operating profit likely rose 16.1 percent from the …read more Source: Reuters Tech News
China considering further reduction in electric-vehicle subsidies: Bloomberg
China is considering a further reduction in electric-vehicle subsidies next year, Bloomberg reported on Friday, citing unnamed sources. …read more Source: Reuters Tech News
China considering further reduction in electric-vehicle subsidies: Bloomberg
BEIJING (Reuters) – China is considering a further reduction in electric-vehicle subsidies next year, Bloomberg reported on Friday, citing unnamed …read more Source: Reuters Tech News
California agency opens third probe into Tesla’s Fremont factory
A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc’s factory in Fremont, …read more Source: Reuters Tech News