×

Enterprise Innovation

  • BRUSSELS— The European Union is opening an investigation into Apple's acquisition of song-recognition app Shazam to make sure it doesn't limit consumer choice too much. Apple said in December it would buy the maker of the popular song-recognition app, which Apple's digital assistant Siri had been competing with. EU Antitrust Commissioner Margrethe...

  • SHANGHAI— Missed paying dues on your Communist Party membership? A state-owned Chinese bank has opened an automated branch equipped with facial-scanning software, a virtual reality room, a hologram machine, talking robots and touchscreens for paying utility bills and Communist Party fees, among other functions. Beijing- based China Construction Bank says...

  • China's aging society is not good for entrepreneuers

    China needs to solve its own "demographic problems" by increasing its fertility rate, says James Liang of Ctrip.

  • PARIS, April 20- Air France launched on Friday a new consultation period with staff members to try to end a strike dispute over pay that has so far cost it 220 million euros, with the company's head saying his job was on the line. Air France said its latest pay offer of a 7 percent wage increase over 4 years had not received the majority of signatures required by 1200...

  • Formula One: New owners, new vision

    CNBC's James Wright looks at the history of Formula One while Geoff Cutmore speaks to Sean Bratches, the company's managing director of commercial operations.

  • April 18- Amazon.com Inc announced a new feature within its Amazon shopping app to cater to international customers shopping for U.S. goods, targeting Brazil, China, Germany and Spanish-speaking markets. That task may be easier said that done in Brazil, Latin America's largest economy, where Amazon has shown signs in recent months of expanding its local...

  • LONDON, April 18- Asset manager Allianz Global Investors is to offer British retail clients the chance to pay a lower yearly fee for some of its UK equity funds if they are prepared to give up a slice of any outperformance. AllianzGI, which said its performance-fee option would be simple to understand and rival the cost attraction of passive products, follows the...

  • *Yanan tries lottery to decide which projects go ahead this year. SHANGHAI, April 18- The city of Yanan, a major wind power base in northwest China's Shaanxi province, has introduced a lottery system to decide which wind projects will go ahead this year, a sign that grid constraints are forcing local governments to restrict capacity. China has been aggressively...

  • After the move, Eni's head of development operations and technology, Roberto Casula, said it might raise its investment in Commonwealth Fusion System, a firm created by the Massachusetts Institute of Technology, which is developing the project. Casula and MIT declined to give the size of Eni's current stake, and the Eni executive could not say at this stage how...

  • After the move, Eni's head of development operations and technology, Roberto Casula, said it might raise its investment in Commonwealth Fusion System, a firm created by the Massachusetts Institute of Technology, which is developing the project. Casula and MIT declined to give the size of Eni's current stake, and the Eni executive could not say at this stage how...

  • HAMBURG, April 13- Satellite technology to provide Wi-Fi on board planes has matured to a point where more and more airlines are looking to use it, triggering a "gold rush" among suppliers. That brings opportunities for a vast array of companies, from satellite firms such as Viasat and Inmarsat, to connectivity providers such as Gogo, Global Eagle, and Panasonic...

  • After the move, Eni's head of development operations and technology, Roberto Casula, said it might raise its investment in Commonwealth Fusion System, a firm created by the Massachusetts Institute of Technology, which is developing the project. Casula and MIT declined to give the size of Eni's current stake, and the Eni executive could not say at this stage how...

  • After the move, Eni's head of development operations and technology, Roberto Casula, said it might raise its investment in Commonwealth Fusion System, a firm created by the Massachusetts Institute of Technology, which is developing the project. Casula and MIT declined to give the size of Eni's current stake, and the Eni executive could not say at this stage how...

  • Incoming Volkswagen Chief Executive Herbert Diess speaks about the competition his company faces.

  • *But higher R&D spending, better education helps China close gap. Washington's allegation that the Chinese have engaged in intellectual property theft over many years- which is denied by Beijing- is a central reason for the worsening trade conflict between the U.S. and China. "With the number of scientists China is training every year it will eventually catch up,...

  • BUFFALO, N.Y.— Buffalo, New York, is inviting tourists to eat their way through a new "wing trail" featuring a dozen chicken wing hot spots. Tourism officials unveiled the Buffalo Wing Trail on Thursday at the Anchor Bar, where the Buffalo wing took flight in 1964.. Visit Buffalo Niagara President Patrick Kaler says that with the success of food and beverage trails...

  • ALBUQUERQUE, N.M.— Two western senators are proposing to expand access to a $4 billion federal program that has allowed public schools and libraries throughout the U.S. to obtain high-speed internet at affordable rates as one way to close the digital divide that persists across American Indian communities and other rural areas. Federal Communications...

  • April 12- Uber Technologies Inc will connect U.S. riders directly to emergency number 911 from this summer, the latest in a package of measures designed to improve the global ride hailing company's popular image. Riders will also be able to designate up to five friends and family members as trusted contacts and share trip details with them during every ride,...

  • Senior executives believe they are leading innovative workplace cultures. Workers disagree, according to a new EY study. The result: Fresh ideas are being lost.

  • April 12- Uber Technologies Inc said on Thursday it unveiled new safety features including an emergency button that will connect U.S. riders directly to 911.. The world's largest ride-hailing company said a dedicated "safety center" feature will be available on its app that will include information on driver screening processes, insurance protections and...