Edition:
United States

Technology News

Photo

Lyft accelerates efforts to develop self-driving cars

SAN FRANCISCO Lyft Inc has formed a self-driving car division, company executives said, a bold investment for the second-largest U.S. ride-services firm as it jockeys for position in the highly competitive autonomous vehicle race.

Recent Technology News

Arista loses bid to lift import ban in Cisco battle

The U.S. government on Thursday dealt Arista Networks Inc a loss in its technology dispute with Cisco Systems Inc and refused to set aside an order blocking importation of some of Arista's network switches.

10:00am EDT

Private equity bid for Paysafe stokes payments M&A boom

Private equity firms Blackstone and CVC Capital Partners [CVC.UL] joined a rush to snap up payments companies on Friday with a 2.9 billion pound ($3.7 billion) bid for Paysafe Group.

Deals, 10:01am EDT

LVMH's Louis Vuitton launches e-commerce website in China

PARIS French fashion brand Louis Vuitton, part of luxury giant LVMH , said on Friday it had launched an e-commerce website in China to tap a booming online shopping market.

10:49am EDT

China aims to become world leader in AI, challenges U.S. dominance

BEIJING/SHANGHAI China has outlined plans to become a world-leader in artificial intelligence by 2025, laying down a challenge to U.S. dominance in the sector amid heightened international tensions over military applications of the technology.

China 5:19am EDT

Vodafone beats expectations with 'robust' performance

LONDON Vodafone, the world's second largest mobile operator, reported better-than-expected 2.2 percent revenue growth in its first quarter, reflecting a robust performance in Italy and Spain and an acceleration in demand in Turkey.

11:25am EDT