Verizon said Monday that it plans to pay about $2.4 billion to buy Fleetmatics, which makes software used by cable companies, energy providers and others to manage their fleets of vehicles.
Uber Technology Ltd. and its main Chinese competitor are combining their ride-hailing operations in China, ending a costly battle to attract riders.
German automaker Daimler is investing more than $10 million in chauffeur service start-up Blacklane.
Electric car maker GreenTech Automotive, which once planned to build 250,000 cars a year and invest $2 billion in an impoverished corner of Mississippi's Delta region, has missed a debt payment to the state of Mississippi.
Google parent Alphabet said Thursday its second quarter profit jumped 43 percent from last year to $4.9 billion, in results that lifted shares of the internet giant.
Samsung extended its lead in the global smartphone market over Apple in the second quarter, gaining from the launch of its updated flagship handsets, surveys showed Thursday.
Chinese appliance giant Midea said on Monday it had secured almost 95 percent of German robotics firm Kuka, in the face of European fears over losing control over the high-tech company.
The 2 million-square-foot building where Bell Labs scientists helped launch modern cellular networks before it became one of the country's largest vacant office buildings is drawing companies with the lure of working at a ...
Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue.
Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.