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January, 24, 2017

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Business > Company Focus
Renault-Nissan chief Carlos Ghosn told a tech gathering Thursday the automaker is committed to self-driving cars, as he unveiled a series of initiatives to advance the technology.
 
Baidu family robot a spin on Amazon's Echo
Chinese internet colossus Baidu is out to make a splash with "Little Fish," a family robot that is a voice-controlled virtual valet akin to Amazon Echo or Google Home.
 
US state to check rideshare drivers' histories
Tens of thousands of drivers for ride-hailing companies Uber and Lyft will begin undergoing what Massachusetts officials are calling the most stringent background checks for the industry in the United States.
 
Samsung Electronics Co. said Friday that its profits in the last quarter of 2016 surged 50 percent to the highest level in more than three years, despite the Galaxy Note 7 fiasco.
 
Hyundai plans autonomous cars for the masses
Hyundai's Ioniq draws little attention as it maneuvers the streets of Las Vegas.
 
Scuttled Ford plant has Mexico fearing more under Trump
Ford Motor Co.'s cancellation of plans to build a US$1.6 billion auto manufacturing plant in San Luis Potosi has sounded alarms across Mexico.
 
Chinese electronics company TCL Corporation was at CES on Wednesday with a plan to revive BlackBerry handsets knocked from the mobile phone throne by Apple and Google.
 
Chinese e-commerce giant Alibaba has filed a lawsuit against two vendors for allegedly selling counterfeit goods, it said, weeks after the US put its main platform on its "notorious markets" blacklist.
 
Macy's says it is eliminating more than 10,000 jobs and plans to move forward with 68 store closures after a disappointing holiday shopping season. The department store chain also lowered its full-year earnings forecast.
 
Ford cancels plan to build new Mexican plant
The auto industry's relationship with President-elect Donald Trump took a dramatic turn Tuesday as Ford Motor Co. decided to shift investment dollars targeted for Mexico to the U.S., while Trump threatened General Motors with a tax on some imported small cars.
 
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