Automotive

Taiwan's Foxconn has deal to buy former GM plant in Ohio

Foxconn Technology Group, the world's largest electronics maker, has a deal to buy a huge auto assembly plant in Ohio from startup electric truck maker Lordstown Motors, the companies announced Thursday.

Other

China limits children to 3 hours of online gaming a week

China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as Chinese regulators continue cracking down on the technology sector.

Business

Tencent limits gaming for kids after official media critique

China's biggest gaming company, Tencent Holdings, said Tuesday it will limit gaming time for minors and ban children under age 12 from making in-game purchases after a state media article called games "spiritual opium."

Business

Nokia profit substantially up on new operating model, 5G

Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of 5G equipment.

Business

China's Tencent ordered to end exclusive music contracts

Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.

Automotive

Mercedes sketches out all-electric scenario by decade's end

Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would "in essence" ...

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