Technology

FRANKFURT (Reuters) – Elon Musk appears to be opening a new front in the European battle for electric car supremacy: the power behind the wheel. Musk’s Tesla (TSLA.O) has recently acquired a licence that will enable the carmaker to trade…

BENGALURU (Reuters) – India’s Flipkart launched an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, as the Walmart-owned firm seeks to better compete with Amazon and other players in a battleground market for e-commerce. “Flipkart Wholesale”,…

MOSCOW (Reuters) – Belarusian authorities on Wednesday raided the Minsk office of software company PandaDoc and detained its head in a move the company’s chief executive said was politically motivated. “The department of financial investigations raided our Minsk office,” PandaDoc…

NEW DELHI/MUMBAI (Reuters) – Amazon.com Inc (AMZN.O) has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.…

(Reuters) – Dating app Bumble is preparing for an initial public offering (IPO), and could seek a valuation of $6 billion to $8 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. Bumble’s IPO could come early…

(Reuters) – Wall Street analysts raised price targets for Zoom Video Communications (ZM.O) on Tuesday as its shares hit a record high, while warning that a return to office work could hamper its success in luring small corporate customers. Zoom…

(Reuters) – Amazon.com Inc (AMZN.O) owned Whole Foods Market opened its first delivery-only store in Brooklyn, New York on Tuesday, as the e-commerce giant looks to take greater advantage of a coronavirus-induced surge in online grocery shopping. Amazon said it…

KARACHI, Pakistan (Reuters) – Pakistan said on Tuesday it has blocked Tinder, Grindr and three other dating apps for not adhering to local laws, its latest move to curb online platforms deemed to be disseminating “immoral content”. Pakistan, the second…

(Reuters) – AT&T Inc (T.N) is exploring a sale of its advertising unit Xandr, according to a person familiar with the matter, as it appears to reverse expensive plans to transform from a wireless carrier to a media and advertising powerhouse. AT&T…