Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up to the world's largest retailer's e-commerce ambitions.
Engine maker CFM International is poised to announce one of the world's largest jet engine orders with a deal for more than 600 engines from India's IndiGo, industry sources said.
China's Huawei Technologies Co Ltd, the world's biggest telecoms equipment maker, argued on Wednesday that Washington should scrap plans to prohibit wireless companies from using U.S. government funds to buy Huawei gear for their networks.
British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan as its next chief executive officer, to succeed Rakesh Kapoor.
Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday.
The Republican chairman of the Senate's antitrust panel criticized plans by the Justice Department and Federal Trade Commission to potentially investigate four of the biggest U.S. tech firms.
Bitcoin's weathered hacks, heists, booms and busts to reign as the king of cryptocurrencies through its first decade. But now there's a fresh challenge to its dominance of the fledgling market: some 2,000 smaller digital coins.
Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.
Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc.
Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company's vice president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in Scottsdale, Arizona.
Asian stocks made modest gains on Tuesday after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh U.S. trade threats against China are expected to limit any major investor sentiment boost.
China's Huawei Technologies Co Ltd will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.
The head of Amazon.com Inc's cloud computing division on Monday said the company would work with any government agency that followed the law, in contrast with rival Microsoft Corp, which has touted its rejection of some controversial sales.
Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.
Chinese companies and investors are lining up in spades to take part in Shanghai's new Nasdaq-style tech board, with a groundswell of patriotic support surging further after the U.S. blacklisting of telecom firm Huawei inflamed trade tensions.