KG Mobility expands its range of electric vehicles.
In the following three years, KG Mobility Co., previously Ssangyong Motor Co., plans to diversify its line-up of green automobiles and increase yearly sales to 320,000 units. The manufacturer is…
Microsoft sees Apple as the world’s biggest stock
As investors see Microsoft Corp.’s superior growth and significantly lower China risk, the software behemoth narrows the gap with Apple Inc. on the stock market. This month, Microsoft stock beat…
Google says digital advertising budgets are shifting to Amazon.
Google, owned by Alphabet Inc., may be a global leader in digital advertising, but the company is concerned about losing its competitive edge. “I wouldn’t say Google search advertising is…
The UK sets out seven principles for regulating AI.
The UK’s competition watchdog has initiated a project to strengthen its monitoring of rapidly developing technology and has released a new set of regulations for artificial intelligence. Following a thorough…
Blockchain Venture Capital Raises $580 Million for Crypto Gaming
Focused on cryptocurrencies Blockchain Capital has raised $580 million through two new funds, making it one of the largest fundraisings for the asset class this year and the largest for…
Nvidia Cash Geyser Can Cover Buybacks.
The large stock repurchase program by Nvidia Corp. has investors worried. Although it leaves it short of funds for essential research and development, the chipmaker’s increasing free cash flow should…
iPhone maker Foxconn aims to double investment.
Foxconn Technology Group, an Apple Inc. partner, aims to treble its investment and employment in India, underscoring the rapid exodus of manufacturing from China as tensions between the United States…
A hedge fund boss slams bets on hydrogen as a waste of time.
Barry Norris, the founder and chief investment officer of the British hedge fund Argonaut Capital Partners, claims that investors looking to make money soon should avoid betting on hydrogen. He…
Chinese automakers aim to dominate the domestic market.
In the greatest car market in the world, China’s demand for electric vehicles has given domestic automakers a clear and unbeatable lead over their global rivals. According to a study…
A translator startup plans a $1 billion Nasdaq IPO.
The creator of the most widely used voice and camera translator in Japan is attempting to set itself apart by aiming for a Nasdaq IPO with a billion-dollar valuation in…