Technology

HELSINKI (Reuters) – Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years. Baldauf, one of the most high-profile female executives in the global telecoms industry,…

BRUSSELS (Reuters) – From ramping up 5G’s rollout to exploiting its data, the European Union is turning to technology to help it bounce back from the coronavirus crisis and compete better in key areas with the United States and China.…

TORONTO/VANCOUVER (Reuters) – A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou’s extradition to the United States, with a favourable judgment seen as paving the way for the release of the…

SEOUL (Reuters) – Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Motors has picked LG Chem as one of the battery suppliers for its upcoming new electric vehicles, a group spokesman said on Wednesday. Details of…

NEW DELHI (Reuters) – India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters. The complaint…

WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc (TWTR.N) for the first time added a warning to some of his tweets prompting readers to fact…

BEIJING (Reuters) – China’s top electric vehicle (EV) battery maker Contemporary Amperex Technology Ltd (CATL) is exploring new battery-related services and will expand manufacturing capacity in the next two years, its chairman told Reuters. Ningde-based CATL, which alongside LG Chem…

TORONTO/VANCOUVER (Reuters) – A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou’s extradition to the United States, with a favourable judgment seen as paving the way for the release of the…

NEW DELHI (Reuters) – A unit of SoftBank Group-backed Indian ride-hailing company Ola will buy Amsterdam-based electric scooter company Etergo as part of its plan to locally build electric vehicles (EVs), the company said on Wednesday. Ola Electric did not…

BEIJING (Reuters) – Tesla Inc (TSLA.O) has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease.…