Business news

Self-driving car race sees flurry of partnerships

Uber announced Thursday that it will partner with Volvo to make autonomous vehicles. The tie-up is the latest between automakers and tech companies hoping to speed driverless cars to market. Here's a rundown of who's working ...

dateAug 18, 2016 in Business
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Volvo and Uber form driverless car venture

Sweden-based manufacturer Volvo Cars said on Thursday it would team up with ride-sharing service Uber in a $300 million (265 million euro) joint venture to develop driverless automobiles.

dateAug 18, 2016 in Business
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WeChat sends China's Tencent profits surging

Chinese Internet giant Tencent said Wednesday its profits jumped by 47 percent in the second quarter, buoyed by new users of its popular messaging service WeChat, gaming and digital content.

dateAug 17, 2016 in Business
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