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Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG (Reuters) – Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts …read more Source: Reuters Tech News

Tesla’s unfettered ambition will drain finances: analysts

(Reuters) – Tesla Inc shares rose on Friday as analysts questioned how soon Chief Executive Elon Musk will have to …read more Source: Reuters Tech News

Apple pushes launch of HomePod smart speaker to early 2018

(Reuters) – Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the …read more Source: Reuters Tech News

Tesla’s unfettered ambition to drain finances: analysts

(Reuters) – Tesla Inc will face further questions about how fast it is burning through its cash pile and how …read more Source: Reuters Tech News

Google buys plot near Apple’s planned Danish data center

COPENHAGEN (Reuters) – Alphabet Inc’s Google said it has bought a plot of land in southern Denmark adjacent to a …read more Source: Reuters Tech News

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

TOKYO (Reuters) – Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the …read more Source: Reuters Tech News

Exclusive: Toshiba set to OK $5 billion injection on Monday to stay listed – sources

TOKYO (Reuters) – Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the …read more Source: Reuters Tech News

Broadcom closes $5.5 billion Brocade deal

(Reuters) – Broadcom Ltd said on Friday it closed its acquisition of network gear maker Brocade Communications Systems Inc, giving …read more Source: Reuters Tech News

Broadcom completes Brocade acquisition

(Reuters) – Broadcom Ltd said on Friday it completed its $5.5 billion acquisition of network gear maker Brocade Communications Systems …read more Source: Reuters Tech News

Spotify buys online recording studio Soundtrap

STOCKHOLM (Reuters) – Music streaming company Spotify has bought online music and audio recording studio Soundtrap, it said on Friday, …read more Source: Reuters Tech News