TECHNOLOGY

Facebook will allow French regulators to "embed" inside the company to examine how it combats online hate speech, the first time the wary tech giant has opened its doors in such a way, President Emmanuel Macron said on Monday.

Volkswagen could build up to 50 million electric cars on its new electric vehicle platform and is looking at expanding its manufacturing footprint in the United States, Chief Executive Herbert Diess told Automotive News.

SoftBank Group Corp has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its domestic telecoms business, in a deal that will seal the group's transformation into a top global technology investor.

German Finance Minister Olaf Scholz said he favors getting a binding deal on a European Union digital tax at a meeting of EU finance ministers in December and that he supported the French model.

Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.

SoftBank has hired Deutsche Bank to advise on its power investment plans in Saudi Arabia, two sources familiar with the matter said.

Russian cybersecurity company Group IB is to open a global headquarters in Singapore this year or in early next as part of international expansion plans, Chief Executive Ilya Sachkov said.

Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said.