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Consumer Electronics Show Headlines

Formula E virtual race ends in controversy

Dutch SIM racer Bono Huis collected a $200,000 jackpot, the biggest prize in eSports racing history, after winning the first virtual race between drivers from the Formula E electric series and gamers in Las Vegas.

Xiaomi says shrinking smartphone sales won't hit the company

Sharp drops in smartphone sales for China's Xiaomi Inc [XTC.UL] will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior executive said.

China's LeEco unveils a car, but cannot make it drive

(This version of the October 19 story corrects the headline and first paragraph to show the car was delivered too late to drive down the runway; corrects name of car in paragraphs 5, 7 and 8 to LeSEE Pro instead of LeSEE; corrects paragraphs 5 and 7 to add context about why car did not drive on runway; corrects paragraph 8 to show the company unveiled its first prototype of the car in Beijing and the LeSEE prototype was the latest version)

Formula E to hold Las Vegas virtual race

Formula E, the world's first fully electric car racing series, is planning a virtual race in Las Vegas next January with a likely $1 million jackpot for the winner.

Virtual reality takes center stage at MWC

With virtual reality (VR) on course to become a $1 billion global business, the launch of the eagerly-awaited HTC Vive VR headset has been one of the highlights of this year's Mobile World Congress (MWC) in Barcelona.

U.S. Senate committee passes bill to impose new sanctions on Iran

WASHINGTON The U.S. Senate Foreign Relations Committee backed legislation on Thursday that would impose new sanctions on Iran over its ballistic missile development, support for Islamist militant groups, weapons transfers and human rights violations.