Technology

Volkswagen's expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, chief strategist Michael Jost said on Thursday.

United States electric car manufacturer Tesla has a 10-year start on rivals when it comes to building electric cars and software, Thomas Ulbrich, the Volkswagen brand's board member for electromobility said on Thursday.

U.S. lawmakers plan to unveil a bill on Thursday that could be used to block Huawei Technologies Ltd from accessing U.S. banks for certain transactions, in a bid to thwart the Chinese telecoms giant amid frustration over the failure of prior sanctions to curb its business.

Volkswagen will launch a new software operating system this year that it hopes will make accidents involving its cars a thing of the past by 2050, the company said on Thursday.

SoftBank founder Masayoshi Son on Thursday tweeted an offer to donate a million free face masks to help fight the coronavirus outbreak a day after twitter users criticized his proposal to give away test kits as an unnecessary burden on clinics and hospitals.

British food delivery service Deliveroo said it will allow orders to be left outside people's addresses so that the courier does not have to come into contact with the customer, to minimize the risk of spreading coronavirus.

China gave tech giant Tencent Holdings the green light on Thursday to publish Nintendo Switch games Super Mario Odyssey and Mario Kart 8 Deluxe, taking the number of games licensed for the console in the world's biggest game market to three.

The Bank of England must tread carefully to avoid financial stability dangers if it creates a digital equivalent to its existing banknotes, Governor Mark Carney said on Thursday.

Beijing-based ByteDance, owner of global short video hit TikTok, on Thursday appointed new heads for its China business and set a goal to nearly double its global headcount to 100,000 by the end of the year.

The Bank of England could face big challenges managing risks to financial and monetary stability if it launches its own digital currency, Governor Mark Carney said on Thursday.

White House officials met Wednesday with U.S. technology industry officials to discuss tech-related response efforts to combat the coronavirus outbreak and ways for government to collaborate with the private sector.

Japan's Sharp Corp said on Wednesday it has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others, seeking an injunction to ban one of Vizio's TV products in the United States.

Florida-based augmented reality startup Magic Leap Inc is exploring options, including a sale, Bloomberg reported on Wednesday, citing people familiar with the matter.

Trump administration officials have postponed for a second time a critical meeting originally set for Wednesday to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said.

Senator Lindsey Graham criticized tech companies on Wednesday for opposing a bipartisan bill aimed at curbing child sexual abuse material online and said he would consider a more punitive step if he is unable to get the legislation passed.

Brian Lesser, chief executive of AT&T Inc's advertising unit Xandr, has resigned, a source familiar with the matter said on Wednesday, raising questions about the future of its advanced advertising strategy.

Activist investor Starboard Value LP has nominated a minority slate of directors to eBay Inc's board, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

White House officials met Wednesday with U.S. technology industry officials to discuss tech-related response efforts to combat the coronavirus outbreak and ways for government to collaborate with the private sector.

Uber Technologies Inc on Wednesday said it may temporarily suspend accounts of riders and drivers who have tested positive for the coronavirus or been exposed to it at the direction of health authorities.

SoftBank founder Masayoshi Son took to Twitter on Wednesday to offer a million free coronavirus tests, only to get hit by a barrage of criticism that he risked overwhelming medical facilities, prompting him to say he might reconsider the plan.