According to TechCrunch, Uber plans to sell its unmanned unit ATG to the start-up Aurora Innovation. In September, the media reported that conflicts have erupted within ATG and money problems have been recorded. According to TechCrunch, Uber is negotiating the sale of a subsidiary of the Advanced...

A day extension to the Chinese company ByteDance has been granted by the Trump administration for a divestiture order issued to the company by it for selling off the company’s short video sharing app TokTok by Thursday this week.   The extension was first disclosed earlier in a court filing...

Investments amounting to 2.75 billion yuan ($415.32 million) for building Mercedes-Benz-branded Actros heavy trucks for the first time in China will be same by Germany's Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co, according to reports quoting a company document....

An investigation against the United States based search engine giant Google has been ordered by the Competition Commission of India (CCI) over allegations that the company was using its dominant market position to promote its digital payment service Google Pay while trying to supress rival apps....

Walmart to invest in its own technology for digitizing its inventory management amid record online sales. Walmart has informed this week that the company will not be proceeding with its plans of using “roving robots to scan shelves and keep track of inventory” whereby wrapping up its years of...

The growing popularity of computer games during the COVID-19 pandemic enabled Tencent to almost double its profits in the third quarter. According to the game developer's financial report, its net profit for the three months reached 38.5 billion yuan ($5.8 billion), which is 89% better than last...

Japanese carmaker Nissan reported a loss of 330 billion yen (approximately $3.1 billion) for the first half of the current fiscal year (April 1 - September 30, 2020) compared to the same period of the previous fiscal year. Nissan finished the first half of fiscal year 2019 with a profit of 65.4...

Alleging that the United States based search engine giant Google unfairly favours its own services on its web searches, a call on the antitrust enforcers European Union to take a tougher line against the US company was given by a group of 165 companies and industry bodies.   In addition to...

Sales on Alibaba's electronic trading platforms have already exceeded 372.3 billion yuan (56.4 billion dollars) over the period of the world's largest global online sale in China, according to preliminary official figures. "Since midnight on 1 November, total turnover has exceeded 372.3 billion...