Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.
The U.S. Securities and Exchange Commission (SEC) on Friday settled charges with two tech companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors.
Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker's China website https://www.tesla.cn/model3/reserve.
Alphabet Inc's Verily said on Friday it is pausing research on glucose-sensing lens, one of its earliest projects.
Two U.S. senators on Friday unveiled bipartisan legislation to toughen penalties on robocalls, make it easier for regulators to crack down on unwanted calls and compel mobile phone providers to adopt call authentication technologies.
Worries about how fast the computing world will transition to Nvidia Corp's next generation "Turing" graphic chips helped knock 20 percent off the value of its shares on Friday, after results pointed to a huge glut of unsold older generation chips.
T-Mobile US Inc's Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp will close as early as the first quarter of 2019.
The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets.
Traditional advertising groups hope that their creative flair will prevail against the technological clout of consultancies encroaching on their business, but there are signs the two sides of the divide are moving closer together.
European chipmakers tried to play down market concerns about a potential slowdown in global demand at an investor conference in Barcelona this week, striking an upbeat tone on orders from car and smartphone makers.