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Volkswagen will invest billions of euros in electric cars, ride-hailing and automated driving to become a world leader in green transport by 2025, it said, as it reshapes its business following its diesel emissions scandal.
Porsche will boost the number of jobs for its first all-electric model by more than half from previous targets as part of parent Volkswagen's (VW) push to overcome its emissions scandal by embracing zero-emission cars and digital services.
Volkswagen is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker said, as it seeks to make up ground after its emissions scandal.
The small Swiss canton of Zug, famed for the low taxes that have drawn multinational companies and hedge funds to its lakeside shores, is trying to turn itself into a hub for virtual currency firms.
Volkswagen launched a new digital business division on Dec 5 to take on services such as Uber, shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle.
The US Supreme Court has overturned a US$399mil (RM1.77bil) patent infringement penalty imposed on Samsung for copying Apple’s iPhone design, in a case watched for its implications for technology innovation.
One eye on the TV, another on your smartphone: Whether it's for live Twitter responses to sports events or a summary of a complicated film plot, viewers are finding it increasingly difficult to watch films and shows without the help of their smartphone.
Volkswagen will show off a fully self-driving car at the Geneva auto show, as part of the German carmaker's drive to be at the forefront of new technologies in the wake of its diesel emissions scandal.