This week, Honda that announced that it is purchasing a stake in GM's autonomous vehicle subsidiary Cruise. It's part of a larger plan for the Japanese and American vehicle manufacturers to work together in order to develop and produce an autonomous...
Honda teams with GM to produce autonomous vehicles
This week, Honda that announced that it is purchasing a stake in GM's autonomous vehicle subsidiary Cruise. It's part of a larger plan for the Japanese and American vehicle manufacturers to work together in order to develop and produce an autonomous...
Japan's antitrust regulatory agency just wrapped up an investigation into Apple, and in order to ensure its compliance with the country's antitrust rules, the company will change the sales contracts it has with three of Japan's major mobile service p...
Baidu has started mass-producing its Level 4 autonomous mini-buses with the intention of deploying them not just in China, but also in other countries. Their first destination outside of China? Japan. The Chinese tech giant has teamed up with Softban...
SoftBank hasn't been shy about its interest in smart cars, and it's taking that fascination to a new level. The company's Vision Fund is investing $2.25 billion in GM's self-driving vehicle unit Cruise. The cash influx will start with $900 million...
T-Mobile and Sprint have started and stopped merger talks so often that it's easy to become jaded about the whole thing, but it now looks like they're close to a deal -- no, for real this time. Sources talking to CNBC, Reuters and the Wall Street Jou...
SoftBank and Saudi Arabia have drawn up plans to build the world's biggest solar farm, which, if realized, would create 100,000 jobs in the kingdom and produce 200 gigawatts (GW) of energy. That's a third more than the global photovoltaic industry su...
Late last year Uber sold off its business in China to a competitor, and now it looks like the Southeast Asia region could follow a similar path. CNBC reports that it's preparing to make a deal with Grab, a company that claimed to have 95 percent of r...
Let's say you run Line. Your messaging service, plus other forays like smart speakers and music, aren't enough to avoid substantial losses. What do you do to turn things around? If you ask the company, finance is the answer. Line has created a ne...
SoftBank has more than just a large stake in Uber -- it'll soon have some direct control as well. Recode sources understand that Sprint CEO Marcelo Claure is taking one of SoftBank's two slots on Uber's board of directors in the "next few weeks." T...
Uber's big investment deal with SoftBank may place some limits on power held by co-founder and ex-CEO Travis Kalanick, but it will reportedly put a significant amount of cash in his pocket. Bloomberg and Reuters report that according to anonymous sou...