Today's Top Gadgets & Tech Story

Betting on death of petrol cars, Volvo to go all electric by 2030

LONDON (Reuters) - Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. Read More

 

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Boeing to base U.S. Air Force prototype on Australian pilotless combat jet

SYDNEY (Reuters) - Boeing Co will use a pilotless, fighter-like jet developed in Australia as the basis for its U.S. Air Force Skyborg prototype, an executive at the plane maker said on Tuesday. More »

 

Blockchain sports firm Chiliz to invest $50 million in U.S. expansion

MANCHESTER, England (Reuters) - Blockchain sports venture Chiliz, which is heavily involved in European soccer, will invest $50 million in an expansion to the United States, chief executive Alexandre Dreyus has told Reuters. More »

 

China's Nio posts bigger-than-expected loss, slowing EV sales growth in first-quarter

(Reuters) - China's Nio Inc posted a wider-than-expected loss and flagged a slowing pace of deliveries for its electric vehicles (EV) in the current quarter, sending its U.S.-listed shares down 7% in extended trading. More »

 

Chinese fintech platforms expected to meet capital requirements within 2 years-regulator

BEIJING (Reuters) - China's financial technology companies are expected to meet capital adequacy requirements within a maximum of two years, said Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) on Tuesday. More »

 

Bitcoin rises 8% to $48,861.48

(Reuters) - Bitcoin rose 8 % to $48,861.48 on Monday, adding $3,620.52 to its previous close. More »

 

Huawei CFO’s lawyer disputes what HSBC knew as U.S. extradition case resumes

VANCOUVER (Reuters) - Huawei Chief Financial Officer Meng Wanzhou's U.S. extradition hearing resumed in a Canadian court on Monday with defence countering prosecutors' claims that Meng misled HSBC about the Chinese telecom company's relationship with its affiliate while doing business in Iran. More »

 

Lawsuit accuses Amazon of 'systemic' racism in corporate offices

(Reuters) - A manager at Amazon.com Inc sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment. More »

 

To go electric, America needs more mines. Can it build them?

(Reuters) - Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight. More »

 

Disney CEO says households without kids have boosted streaming success

LOS ANGELES (Reuters) - Surprisingly strong interest from adults who do not have kids at home has helped increase subscriptions to Walt Disney Co's Disney+ streaming service beyond initial projections, Chief Executive Bob Chapek said on Monday. More »

 

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