Edition:
United States

TECHNOLOGY

Toyota's luxury Lexus brand plans battery EV launch in 2020

Toyota Motor's Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop zero-emissions vehicles, the head of the brand said on Wednesday.

Musk's satellite project testing encrypted internet with military planes

The Air Force is using SpaceX's fledgling satellite network to test encrypted internet services for a number of military planes, the space company's president said on Tuesday, detailing results for the first customer of Elon Musk's planned constellation of thousands of broadband-beaming satellites.

To go big on EVs, Japanese car makers think super-small

As global automakers race to put long-range electric vehicles on highways amid stricter emission laws, Japanese rivals are taking a niche approach and steering towards cheaper, pint-sized runabouts to make costly battery technology more accessible.

Exclusive: Blackstone, CVC seek to take Paysafe public - sources

Private equity firms Blackstone Group Inc and CVC Capital Partners Ltd are seeking to hire underwriters for an initial public offering (IPO) of Paysafe Group Ltd that could value the payments processing firm at more than $10 billion, including debt, according to people familiar with the matter.

Technology Video