Australia telecom giant Telstra to axe 8,000 jobsAustralia's dominant telecommunications company Telstra Wednesday announced plans to axe 8,000 jobs -- a quarter of its workforce -- as part of a drastic new strategy to cope with an increasingly comp...
Banking by smart speaker arrives, but security issues existHey Alexa, what's my bank account balance? Big banks and financial companies have started to offer banking through virtual assistants — Amazon's Alexa, Apple's Siri, and Google's Assistant — in a way...
Ford bets its future on new Detroit hubBill Ford Jr., the great-grandson of the American carmaker's founder, stood in front of thousands Tuesday in Detroit, with an abandoned train station in the background, and entwined the company's futu...
Indian government grounds Air India sale plans: reportsIndia has shelved its plans to sell debt-stricken national carrier Air India after failing to attract any bidders, a senior official has told local media. Civil aviation minister Suresh Prabhu said th...
Benetton condemned for using rescued migrants in advertsFrench charity SOS Mediterranee has lashed out at clothing giant Benetton over an advertising campaign featuring a photograph of migrants being rescued at sea. "SOS Mediterranee fully dissociates itse...
Toyota captures data goldmine in $1 billion Grab betBy pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they...