Panasonic has sold the stake in the electric carmaker Tesla for around $3.61B, as it seeks to reduce the reliance on Tesla, though the sale won't change the relationship between the two companies, Panasonic's spokesperson said on Friday.
Volvo Cars' new XC90 SUV will include lidar sensors as standard equipment in 2022 as part of the carmaker's strategy to deploy more self-driving technology and advanced safety.
China's biggest ride-hailing company DiDi Global is planning its listing on the New York Stock Exchange, Reuters reported.
Renault chose China's Envision AESC for battery production in its future Douai factory in northern France, as it seeks to equip the future EVs, including its Renault 5 model, with new batteries, according to Reuters.
Google's Chrome has delayed blocking of tracking cookies until 2023, postponing the move that had raised antitrust concerns from regulators and competitors by almost two years.
Mercedes-Benz USA reported it had accidentally made sensitive personal data of nearly 1K interested buyers and customers accessible on the cloud storage platform.
Microsoft showed its new Windows 11 operating system, the company's first major revamp since 2015, challenging its rival Apple's lucrative business model of App Store.
The White House reported that the US bipartisan $1.2 trillion infrastructure deal would spend as much as $15B to fund electric vehicle charging stations and purchase electric transit and school buses.
Ray-Ban maker EssilorLuxottica is likely to sue GrandVision, its takeover target, following a court ruling that the Dutch company had violated the $8.6B proposed acquisition agreement's terms, Reuters reported.
Chainanalysis, the blockchain data platform, has raised $100M in its latest round of funding led by the investment company Coatue, valuing the firm at $4.2 billion.
The number of claims for unemployment benefits declined 7,000 to a seasonally adjusted 411,000, a report published by the Labor Department shows.
Moody's, a global credit rating agency, cut India's growth forecast for this year to 9.6% from a previous estimate of 13.9%.
The European Commission approved Belgium's €5.9B plan to help accelerate economic recovery from the COVID-19 pandemic.
Retail sales in Canada declined 5.7% to 54.8B Canadian dollars in April amid the third wave of the COVID-19, Statistics Canada reports.
Consumer sentiment in South Korea rose the sixth month in a row, data published by the Bank of Korea show.
The Chinese trade surplus reached $26.5B in May, a report published by the State Administration of Foreign Exchange shows.
Exports from Germany declined 3% to €48.4B in May, compared to the previous month, data published by the Federal Statistical Office show.
The British money transfer company Wise announced on Thursday its plans for a listing on London's stock exchange on July 7th.
On Thursday, St. Modwen Properties accepted Blackstone's $2.2B private acquisition offer.
According to a Deutsche Bank board member, the bank asked Oracle to simplify its IT systems, thus allowing to cut costs.
Siemens CEO Roland Busch stated on Thursday that the company's growth would be secured by a combination of digital and real worlds and the company would enter adjacent markets via acquisitions and organic growth.
Visa Inc stated on Thursday that it would acquire Swedish fintech company Tink for $2.2B.
The US President Joe Biden is expected to have a meeting with a group of Senators from both parties to discuss proposal on inftrastructure bill.
The China-based self-driving startup WeRide is set to expand development with Nissan Motor over autonomous driving technology for the Chinese market, as it raised $310M at a $3.3B valuation.