The combined business would be owned 50/50 between shareholders of FCA and Groupe Renault.Autosread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Smartphone users in Singapore, the U.K. and China told CNBC's "Beyond The Valley" that foldable smartphones are "very strange," "super bulky," and expensive compared to the...Technologyread more
The projected result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
Sony has sold 30.2 million units of its PlayStation 4 (PS4) games console worldwide over the last two years, the Japanese electronics giant said on Wednesday, suggesting it is dominating in the console wars.
The PlayStation 4 figures date from November 2013 – when the device launched – to November 22, 2015. The 30.2 million number marks a big increase from the 20.2 million units Sony said it had sold as of March 1.
On Wednesday, Sony said the "PS4 continues to demonstrate the fastest and strongest growth in PlayStation hardware history".
The Japanese company is aiming to sell more than 17.5 million units of the console by the end of the fiscal year, in March 2016.
There have been no overall sales figures for the Xbox One, the PS4's closest competitor, since last November, when Microsoft said it had sold 10 million units. Since then, official figures from Microsoft have been vague.
In its 2015 earnings for the three months to June 30, Microsoft said it had sold 1.4 million Xbox consoles in that quarter. But it did not specify how many were Xbox Ones, or earlier versions of the consoles.
And in the latest earnings release, Microsoft stopped releasing any Xbox unit numbers at all.
Meanwhile, Nintendo's Wii U, which was released in November 2012, a year before the Xbox One and PS4, had sold 10.73 million units as of September 30.
Sony's figures came after it cut the price of the console in Japan, the U.S. and Europe ahead of the holiday season, to help maintain purchasing momentum.