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This camera chip can track 200 people at the same time

AChinesestart-upchipcompanyhasdemonstratedtheirlatestproduct:Acamerachipthatcanrecognize200objectsorpeopleatthesametime.Thecompany,HorizonRobotics,claimedthisis

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China's Didi sets sights on lucrative web finance sector

CompetitioninChina'sboomingmobilepaymentmarketissettointensify,afterDidiChuxing,thecountry'slargestride-hailingcompany,acquiredamuch-covetedlicensetoentertheint

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Facebook to notify users when photos of them are uploaded

FacebooksaidonTuesdayitwouldbeginusingfacialrecognitiontechnologytotellpeopleonthesocialnetworkwhenothersuploadphotosofthem,iftheyagreetoletthecompanykeepafacia

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New Hope Group strikes AUS$1 billion deal to buy pet food giant

OneofChina’slargestagricultureandanimalhusbandryenterprises,theNewHopeGroup,hascompletedthepurchaseoftheRealPetFoodCompanyforAUS$1billion(US$770million),thelarg

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Taxi or app? Uber faces big EU court decision

TheEU'stopcourtwilldecideWednesdayifride-hailingappUberisanordinarytaxicompanyandshouldberegulatedassuch,inadecisionthatwillbecloselywatchedaroundtheworld.Theca

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Hyundai enters Pakistani auto market with Nishat Mills

SouthKoreancarmanufacturingcompanyHyundaiMotorCompanyisallsettoenterPakistaniautomarketnextweek,thecompanysaidinastatementissuedatthePakistanStockExchange(PSX).

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China builds world’s fastest unmanned boat

Chinahasmadetheworld'sfastestunmannedboat,asshownThursdayattheChinaMarineEconomyExposition(CMEE)2017inZhanjiangCity,southChina’sGuangdongProvince.DubbedTianxing

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Chinese bike-sharing firm in hot seat over delayed deposit refunds

AChinesebike-sharingcompanyisinthehotseatafterthecountry'sconsumerwatchdogorderedittorefunditsusersfollowingitsacquisitionbyanothercompany.Itisthelatestcasethat

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Some of Facebook’s early friends now its sharpest critics

SomeofFacebook’sformerfriendsarestartingtoexpresssomeseriousdoubtsaboutthesocialnetworktheyhelpedcreate.Facebookexploitsa“vulnerabilityinhumanpsychology”toaddic

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Baby formula recalled globally over salmonella fears

FearsofsalmonellabacteriacontaminationhavecausedLactalisandFrenchauthoritiestoorderedaglobalrecallmillionsofproductsworthofbabymilk.TheFrenchcompany,oneofthewor

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Nokia COO to leave the company

TelecomnetworkequipmentmakerNokiasaidonMondayitsChiefOperatingOfficerMonikaMaurerwasleavingthecompany.JoergErlemeier,currentlyaSeniorVicePresidentforNokiaTransf

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A Tesla-SpaceX merger would be the deal of the decade

Lastyear,TeslamergedwithstrugglingSolarCity,makingElonMuskCEOofbothcompanies.Thetie-uphasn'thurtTeslain2017asthecompany'sstockhassurgedabove$300pershareandtheco

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Thai company mu Space can now operate satellites

Today,ThaistartupcompanymuSpaceannouncedthatithasacquiredasatellitelicensefromThailand'sNationalBroadcastingandTelecommunicationsCommission.Itallowsthecompanyto

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Uber's Chinese rival Didi Chuxing to enter Mexico next year

DidiChuxing,China’sride-hailingbehemoth,planstoexpandintoMexiconextyear,intensifyingitsglobalrivalrywithUber,accordingtotwosourcesfamiliarwiththeplans.Didihassp

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Struggling GE to cut 12,000 power jobs globally

EmbattledindustrialgiantGeneralElectricannouncedThursdayitwillcutmorethan12,000blueandwhitecollarjobsinitsGEPowerunit,partofaturnaroundplanlaunchedbythenewcompa

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US 'orchestrated' Russian spies scandal, says Kaspersky founder

EugeneKaspersky,chiefexecutiveandco-founderoftheembattledRussiancybersecurityfirmthatbearshisname,believeshiscompanyisatthecentreofa“designedandorchestratedatta

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Faraday Future struggling to raise $500 million ahead of headline

FaradayFutureissaidtoberunningupagainstaDecemberdeadlinetoraise$500millioninwhathassofarbeenanunsuccessfulSeriesAround.AccordingtoaBloombergreportpublishedMonda