Ride-sharing platform Uber expressed concerns over potential new regulations for transport network companies by the country’s Land Transportation Franchising and Regulatory Board (LTFRB), BusinessWorld reported.
Deutsche Telekom (DT) said with six months of the year under its belt it is raising its guidance for the year, aided by a continued strong performance from its US business.
Glenn Lurie is to retire next month as AT&T embarks on a broader management shake-up tailored towards its growing ambitions in media and entertainment.
The new head of struggling Chinese content and devices company LeEco promised to restore trust in the cash-strapped company and refocus on its core businesses of smart TVs and media.
India’s third largest e-commerce company Snapdeal ended merger talks with the country’s largest online marketplace Flipkart after opting to remain independent, Reuters reported.