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Didi, SoftBank set up taxi-hailing joint venture in Japan

Chinese mobile service giant Didi Chuxing and Tokyo-based SoftBank Corp. have set up a joint venture for taxi-hailing in Japan. The companies announced the plan Thursday for a service that will use artificial intelligence and data analysis...

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Hawaii town hopes lava tourism will bring economic relief

Stunning images of Hawaii's erupting Kilauea volcano have captivated people around the world. But ironically it's nearly impossible for residents and visitors on the ground to see the lava — a fact that's squeezing the tourism-dependent local economy...

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EU ruling against Google opens 'opportunity,' rival says

European regulators' latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if cellphone manufacturers decide to make the most of the opening. The European Commission...

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EU ruling against Google opens 'opportunity,' rival says

European regulators' latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if cellphone manufacturers decide to make the most of the opening. The European Commission...

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Japan's June trade surplus jumps, while US dealings slip

Japan's trade surplus jumped 66 percent year-on-year in June on strong growth in shipments to China and other Asian countries, though exports and imports with the U.S. weakened. Preliminary data released Thursday by the Finance Ministry showed...

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Lyft beefing up background checks after latest driver arrest

Ridesharing company Lyft said Wednesday that it's beefing up its background checks after a driver arrested for rape was found to be in the United States illegally. The company's "enhanced detection processes" will apply to new applicants...

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Philadelphia's tax on soda upheld by state Supreme Court

Philadelphia's tax on soda and other sweetened drinks was upheld on Wednesday when the state's highest court rejected a challenge by merchants and the beverage industry. The Supreme Court ruled the 1.5-cent-per-ounce (per 28 grams) levy is...

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Zuckerberg's Holocaust comment puts Facebook on the spot

Denying the Holocaust happened is probably OK on Facebook. Calling for a mob to kill Jews is not. Mark Zuckerberg's awkward and eyebrow-raising attempt this week to explain where Facebook draws the line illustrates the complexities social...

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Open Source

Austin’s Swivel, which offers alternative to co-working space, raises $4.7M to build out its vision

Finding the right office space can be challenging for fast-growing companies that are too big for co-working but not ready for a traditional lease. Austin software startup Swivel says it has the solution: It helps companies obtain, furnish and occupy...

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AmEx 2Q profit rises, but there are worry spots on lending

American Express said Wednesday that its second-quarter profit rose 21 percent from a year ago, as the credit card giant saw more customers spending on its namesake cards and a much lower tax rate. But it had to set aside more money to cover...

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