Ride-hailing firm Grab secures $1.5 billion in funding

Southeast Asian ride-hailing firm Grab said on Wednesday it has secured $1.5 billion in fresh financing from a fund run by Japan's SoftBank and will use a significant portion of it to expand in Indonesia.

China's Didi to restructure following passenger murders

Chinese ride-hailing leader Didi Chuxing will streamline operations and make cuts to non-core business units as it doubles down on safety after the murders of two passengers clobbered its image, a source familiar with the ...

Why do people still use fax machines?

The fax machine is a symbol of obsolete technology long superseded by computer networks – but faxing is actually growing in popularity.

Is the world ready for the 'digital transformation'?

The annual business rendezvous in Davos is a hothouse of insider tech jargon, but this year's buzzword of "digital transformation" could translate into profound and painful changes for companies and workers.

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