Tencent results blow past forecasts on strength in games, WeChat

HONG KONG (Reuters) - Tencent Holdings Ltd (0700.HK), China's biggest gaming and social media firm by revenue, trumped forecasts to post its best-ever quarterly results, driven by higher income from...

Renault-Nissan to set up new China JV with Dongfeng Motor for electric cars

BEIJING (Reuters) - Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining...

Dorsey's Square reports smaller-than-expected quarterly loss

Square Inc (SQ.N), the mobile payments company co-founded and run by Twitter Inc (TWTR.N) Chief Executive Jack Dorsey, reported a smaller-than-expected quarterly loss as it processed more payments.The company's shares...

'System safeguards' lacking in Tesla crash on autopilot: NTSB

WASHINGTON (Reuters) - The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May...

Vodafone Qatar says access to network hit by technical issues

DOHA (Reuters) - Vodafone Qatar, an affiliate of Vodafone Group, said on Monday that access to its network was being affected by technical issues. The company is working to resolve...

Startup Magic Leap raises half a billion in new funding

(Reuters) - Magic Leap, a well-funded and secretive startup, said on Tuesday it has raised $502 million in a new capital funding round led by Temasek Holdings , an investment...

Mercedes joins forces with Bosch to develop self-driving taxis

FRANKFURT Mercedes-Benz parent Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance primarily aimed at accelerating the production of "robo-taxis".The pact between the...

Foxconn fourth-quarter net profit estimated T$68.77 billion, up 30 percent from year ago

TAIPEI Taiwan's Foxconn, the world's largest contract electronics maker and a key Apple Inc supplier, on Friday reported 30 percent growth in fourth quarter net profit from a year ago,...

HSBC launches special lending facility for start-ups in China's Pearl River Delta

HONG KONG HSBC has launched a $290 million lending facility aimed at technology start-ups and other new industries in China's Pearl River Delta region, intensifying the battle for a slice...

Airbnb aims to double African customers this year

By Wendell Roelf | CAPE TOWN CAPE TOWN Airbnb expects to...