Technology

VW, China spearhead $300 bln global drive to electrify cars

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money…

Google shifted $23 bln to tax haven Bermuda in 2017

Google moved 19.9 billion euros ($22.7 billion) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce its…

White House mulls new year executive order to bar Huawei, ZTE purchases

President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using…

Huawei to spend $2 bln over 5 years in cybersecurity push

Huawei Technologies on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading lab facilities

Google to spend $1 bln on new campus in New York

Alphabet Inc's Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America'…