Uncategorized

BP invests $5 million in FreeWire in electric vehicle move

(Reuters) – BP Plc said it had invested $5 million in U.S. mobile electric vehicle charging company FreeWire, helping it …read more Source: Reuters Tech News

Canon sees 2018 profit jumping to decade high on cost cuts, medical unit

TOKYO (Reuters) – Japan’s Canon Inc said it expects operating profit to surge in 2018 to its highest level in …read more Source: Reuters Tech News

Apple supplier Murata says iPhone X output target cuts overstated in report

TOKYO (Reuters) – Japan’s Murata Manufacturing Co, which supplies components for the iPhone X, has not seen its orders drop …read more Source: Reuters Tech News

Uber sells vehicle lease portfolio of unit to startup firm Fair

(Reuters) – Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing …read more Source: Reuters Tech News

SAP talks up cloud business, buys $2.4 billion U.S. sales software firm

WALLDORF, Germany (Reuters) – SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott …read more Source: Reuters Tech News

Canon sees 2018 profit surging to decade high, diversification pays off

TOKYO (Reuters) – Japan’s Canon Inc said on Tuesday it expects operating profit to climb 27 percent in 2018 to …read more Source: Reuters Tech News

SAP America to buy Callidus for $2.4 billion

(Reuters) – German business software group SAP SE on Monday said its unit SAP America Inc will buy cloud-based human …read more Source: Reuters Tech News

Fiat Chrysler, Waymo expand deal for self-driving public ride-hailing service

DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s …read more Source: Reuters Tech News

Qualcomm to make first payment for violating competition law in Taiwan

TAIPEI (Reuters) – Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations …read more Source: Reuters Tech News

India’s Ola eyes Australia market in tussle with global rival Uber

MUMBAI (Reuters) – Indian ride-hailing company Ola announced plans on Tuesday to enter Australia, marking its first foray outside its …read more Source: Reuters Tech News