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Tesla China sales plunge 70 percent in October: auto industry body

Tesla Inc’s vehicle sales in China sank 70 percent last month from a year ago, the country’s passenger car …read more Source: Reuters Tech News

Japan’s Line Corp to establish bank in tie-up with Mizuho: source

Japanese mobile chat app operator Line Corp will tie up with Mizuho Financial Group Inc to establish a bank, a …read more Source: Reuters Tech News

European consumer groups want regulators to act against Google tracking

Consumer agencies in the Netherlands, Poland and five other European Union countries asked privacy regulators on Tuesday to take action …read more Source: Reuters Tech News

Alibaba’s Jack Ma is a Communist Party member, China state paper reveals

Jack Ma, the head of e-commerce giant Alibaba Group Holding Ltd and China’s best-known capitalist, is a Communist Party member, …read more Source: Reuters Tech News

Japan’s Line jumps 17 percent after Nikkei reports Tencent tie-up

Line Corp shares jumped as much as 17 percent on Tuesday after the Nikkei business daily reported the Japanese chat …read more Source: Reuters Tech News

Tencent, Line to tie up in Japan mobile payment services: Nikkei

Tencent Holdings Ltd and Japanese chat app operator Line Corp will tie up to offer mobile payment services for small …read more Source: Reuters Tech News

Exclusive: Deutsche Telekom to win EU nod for Dutch Tele2 deal, shares jump

Deutsche Telekom will win unconditional EU antitrust approval to buy Tele2’s Dutch business, sources familiar with the matter said on …read more Source: Reuters Tech News

SEC chairman says Tesla case is ‘settled’ despite CEO’s tweet

The U.S. Securities and Exchange Commission chairman said on Monday that the agency would not revisit its securities fraud settlement …read more Source: Reuters Tech News

Cyber Monday on track for U.S. online shopping record

Cyber Monday was on track to bring in a record $7.8 billion in U.S. online sales, as millions of shoppers …read more Source: Reuters Tech News

Brazil’s Minerva signs MOUs with Alibaba, five others in China

Brazilian food company Minerva SA has signed memorandums of understanding with China’s Alibaba and another five clients in the world’s …read more Source: Reuters Tech News