INFBusiness

BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc (NIO.N) has launched a battery leasing service which will allow drivers to buy an EV without owning the battery pack – one of the most expensive EV components – thereby…

SHANGHAI (Reuters) – As the U.S.-China “tech war” widens, investors are betting on China’s efforts to replace U.S. technologies with indigenous applications to run networks in the state sector. In recent months, local governments and state firms such as China…

MILAN (Reuters) – Telecom Italia (TIM) will not accept less than 50

TOKYO (Reuters) – Japanese wireless carrier SoftBank Corp (9434.T) said on Thursday it was pleased its 5G network had been given “clean” status by the U.S. government as part of a U.S. effort to exclude Chinese vendors from next-generation networks.…

TAIPEI (Reuters) – Taiwan plans to stop local sales for Chinese internet television streaming services operated by the likes of iQiyi and Tencent Holdings, according to regulations released this week, but does not plan on blocking the services. Democratic Taiwan,…

(Reuters) – Facebook Inc (FB.O) won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The social media company…

SAN FRANCISCO (Reuters) – Xilinx Inc and Subaru Corp on Wednesday said the Japanese automaker will use one of the Silicon Valley company’s chips to power a new driver-assistance system that will let drivers go hands-free during traffic jams, among…

(Reuters) – Chipmaker Analog Devices Inc (ADI.O) on Wednesday forecasted fiscal fourth quarter revenue above analysts’ prior expectations despite an anticipated slowdown in sales of chips for 5G networks. ADI forecast fiscal fourth-quarter revenue of $1.44 billion, plus or minus…

(Reuters) – Facebook Inc (FB.O) Facebook said on Wednesday it had removed nearly 800 QAnon conspiracy groups for posts celebrating violence, showing intent to use weapons, or attracting followers with patterns of violent behavior. The world’s biggest social network, saying…

(Reuters) – Short-term home rental company Airbnb Inc said on Wednesday it filed confidentially for an initial public offering with U.S. regulators, setting the stage for one of 2020