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TECH 15 Nov 2018 | 8:15 AM

Uber loss tops US$1bil as it seeks to diversify

Ride-share company Uber on Nov 14 said that its net loss topped a billion dollars in the recently ended quarter as it pumped money into bikes, scooters, freight and food delivery.

TECH 28 Aug 2018 | 2:00 AM

Amazon’s Whole Foods is starting to steal Trader Joe’s shoppers

When Amazon.com Inc bought Whole Foods last year, investors panicked and dumped shares in Kroger, Sprouts Farmers Market and even Walmart. The fear was that the e-commerce leviathan would disrupt yet another industry.

Business 16 Aug 2018 | 12:00 AM

Former Baidu exec named Y Combinator CEO

SAN FRANCISCO: Former Baidu Inc executive Qi Lu has been named head of Y Combinator China, marking the American startup incubator’s first full-fledged international effort.

TECH 15 Aug 2018 | 9:00 AM

Sprint partners with LG to launch 5G smartphone in 2019

Sprint Corp said it has partnered with phone manufacturer LG Electronics Inc to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the US wireless carrier.

TECH 24 Jul 2018 | 3:48 AM

Verizon is seeking Google or Apple as 5G TV provider

Verizon Communications Inc is seeking to partner with Google or Apple to provide television when it launches the first superfast 5G service to homes in Los Angeles and Sacramento later this year, according to a person familiar with the situation.

TECH 24 Jul 2018 | 3:32 AM

Alphabet results support company confidence in face of EU curbs

Google executives projected confidence in Android and other businesses, giving investors no signal that a costly regulatory crackdown in Europe would curb sales and profit anytime soon.

TECH 18 Jun 2018 | 6:39 AM

Asian cities poised to carry the torch for the smart city movement

McKinsey report says Asia’s next generation of professionals are not only more accepting of doing things the digital way, but already demand a seamless experience

Business 22 May 2018 | 12:00 AM

Baidu rattled by departure of senior executive

BEIJING: The departure of Baidu Inc’s most senior operational executive threatens to derail the Chinese search giant’s ambition of placing artificial intelligence at the heart of its business.

TECH 21 May 2018 | 5:26 AM

Baidu star’s shock exit casts AI-first ambitions in doubt

The departure of Baidu Inc’s most senior operational executive threatens to derail the Chinese search giant’s ambition of placing artificial intelligence at the heart of its business.

Corporate News 09 Apr 2018 | 12:25 AM

Facebook's communications meltdown: How it lost control of its messaging

LOS ANGELES: "You're asking a really important question." "It's such a good question." "Those are fair questions, and I think those are real questions."