U.S. duties spare Apple gadgets but hit cloud industry

The United States will spare Apple Inc's Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, according to a list of products released by the U.S. Trade... Read more »

Oracle first-quarter revenue misses estimates, shares fall

Oracle Corp on Monday reported first-quarter revenue that narrowly missed analysts' estimates, suggesting that the business software maker was struggling to make inroads in the highly competitive cloud computing market. ... Read more »

Saudi’s PIF invests more than $1 billion in electric carmaker Lucid Motors

Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla Inc . Read more »

Boeing unit launches new military drone

Insitu Inc, a unit of Boeing Co, on Monday launched a military drone enabled with satellite communications and an extended range of operations aiming to land both U.S. and international customers. ... Read more »

Uber in talks to buy Dubai ride-hailing rival Careem: Bloomberg

Ride-hailing company Uber Technologies Inc [UBER.UL] is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.

Qualcomm, Apple kick off second trial seeking iPhone import ban

A second trial between Apple Inc and Qualcomm Inc before the U.S. International Trade Commission began Monday in Washington, D.C., with the iPhone maker squaring off against the world's biggest... Read more »

Amazon investigating claims of employees leaking data for bribes

Amazon.com Inc said on Monday it was investigating suspected internal leaks of confidential information by its employees for bribes to remove fake reviews and other seller scams from its website. ... Read more »

Musk says Tesla now in ‘delivery logistics hell’

The focus on Tesla Inc's battle to ramp up production swung to concerns over logistics and distribution on Monday, after Chief Executive Officer Elon Musk acknowledged there were delivery bottlenecks and... Read more »

Exclusive: Bayer puts stake in chemical park operator up for sale – sources

Bayer is inviting financial investors to bid for its 60 percent stake in chemical park operator Currenta after initially failing to agree a sale to its former chemicals subsidiary Covestro, three people... Read more »

Volkswagen group plans to build 10 million e-cars in first wave

Volkswagen plans to build 10 million electric cars based on its new modular MEB platform, the German car maker said on Monday, as it targets the launch of worldwide mass production... Read more »
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