BEIJING (AP) — China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering. The three companies said they will integrate online and offline selling, with e-commerce services in Wanda's 107 shopping malls, as well as its hotels and resorts. They said they would invest 5 billion yuan ($814...
BEIJING (AP) — Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China. Plans call for China Unicom Ltd. to provide space for construction and basic services in 120 cities while Tesla, based in Palo Alto, California, operates the stations. The two companies also will build 20...
SAN FRANCISCO (AP) — A federal appeals court is refusing Oracle Corp.'s request to reinstate a $1.3 billion verdict it won against German rival SAP SE in a long-running copyright dispute.
The 9th U.S. Circuit Court of Appeals in San Francisco ruled Friday that the jury's award was excessive. A trial judge in 2011 reached the same conclusion and slashed the verdict from $1.3 billion to $272 million.
1 / 8
Looking for something to do this weekend?
Checkout local events. in your area.
It's good pie, but it is the BEST pie?
Find out which restaurant has the best food using local reviews.