Markets

The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new sub-US$500 lidar sensing package being developed by Silicon Valley startup Luminar.

Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a US$200 million settlement resolving allegations of fraudulent transactions related to the media company's disastrous 2007 leveraged buyout.

The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC's review of the proposed US$26.5 billion tie-up of Sprint Corp and T-Mobile US Inc, saying Republican commissioners moved toward approving the merger without adequate economic and legal analysis.

Germany has raised 6.55 billion euros (US$7.4 billion) in its auction of 5G mobile spectrum, the Federal Network Regulator (BNetzA) said on Wednesday after a contest lasting nearly three months that will see a fourth operator enter the market.

Comcast Corp will more than double its investment in European original programming and start an in-house studio at its European unit Sky after Sky's success with the mini-series "Chernobyl," the company said on Wednesday.

REUTERS: Facebook Inc emails appear to show Chief Executive Officer Mark Zuckerberg's involvement in discussions about its much criticized privacy practices, the Wall Street Journal reported https://www.wsj.com/articles/facebook-worries-emails-could-show-zuckerberg-knew-of-questionable-privacy ...

Rival proposals for European patent guidelines covering technology vital for building self-driving cars and internet-linked vehicles have set tech firms and carmakers on a collision course.

Renault sees the strengthening of its Nissan alliance as a priority after a project to merge with Fiat Chrysler failed last week, the French car maker's chairman Jean-Dominique Senard said on Wednesday.

LONDON: European stock markets pulled back on Wednesday (Jun 12) after a strong run over several sessions as attention returned to US-China trade tensions, dealers said. Asian markets kicked off the losses after two days of healthy gains, with Hong Kong the worst performer - sinking two per cent ......

REUTERS: Facebook Inc uncovered emails that appear to show Chief Executive Officer Mark Zuckerberg's connection to potentially problematic privacy practices at the company, the Wall Street Journal reported https://www.wsj.com/articles/facebook-worries-emails-could-show-zuckerberg-knew-of ...