Business

Uber loses $2.9 billion, offloads bike and scooter business

Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.

Computer Sciences

Researchers report breakthrough in 'distributed deep learning'

Online shoppers typically string together a few words to search for the product they want, but in a world with millions of products and shoppers, the task of matching those unspecific words to the right product is one of ...

Business

Why China is hobbling its tech sector

Scuttled listings and share prices hammered by official threats: Beijing has launched a withering and very public assault on some of China's biggest tech names.

Internet

Engineers set new world record internet speed

The world's fastest data transmission rate has been achieved by a team of University College London engineers who achieved internet transmission speed a fifth faster than the previous record.

Hi Tech & Innovation

Goodyear's biodegradable concept tire regenerates its tread

Goodyear recently unveiled a tire concept that could revolutionize the auto industry. Dubbed reCharge, this concept tire would never require replacements or rotations because it regenerates its tread as needed.

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