Business

Japan's NTT to spend $38B to buy out, take DoCoMo private

Japanese telecoms giant Nippon Telegraph & Telephone, or NTT, announced Tuesday it will spend 4.3 trillion yen ($38 billion) to buy out and take private its mobile unit NTT DoCoMo in one of the largest ever deals of its kind.

Business

NVIDIA out to be a giant in an AI age

US graphics chip maker NVIDIA aims to be a powerhouse in an era of artificial intelligence with the big-ticket buy of Britain-based Arm, whose microprocessors are in many smartphones.

Business

Apple reaches $2 trillion market value as tech fortunes soar

Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people's ...

Automotive

China auto sales off 22.4% in first half of 2020

China's auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.

Automotive

Tesla 2Q deliveries rise over 1Q despite factory shutdown

Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the ...

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