Consumer & Gadgets

Diversity, streaming reshape video games for a new generation

In the quarter of a century since Sony launched the groundbreaking PlayStation, video games have exploded into the biggest form of entertainment in the world, and analysts say the growing diversity of billions of players ...

Business

Ant Group fiasco reflects battle for China's financial soul

China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite.

Business

Huawei sales up, but growth slows under virus, US pressure

Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the face of U.S. sanctions and ...

Automotive

New SUV is next step in VW's post-scandal electric offensive

Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market ...

Business

Cathay Pacific reports first-half loss of US$1.27 billion

Hong Kong carrier Cathay Pacific said Wednesday it lost HK$9.9 billion (US$1.27 billion) in the first half of this year as the coronavirus pandemic sent passenger numbers tumbling, eviscerating its business.

Business

TikTok: Time running out for ByteDance boss

The Chinese billionaire behind teen phenomenon TikTok is a 37-year-old tech guru whose eye for youth trends has blasted the app to global success –- but his inventiveness may not be enough to save the company's lucrative ...

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