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A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG’s luxury Audi unit.
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Tesla chief announces termination of customer referral program to save cost
Elon Musk said the whole referral incentive system, which was launched in 2015, will come to an end.
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Fossil to sell smartwatch technology worth $40m to Google, shares rise
Fossil said it would sell its intellectual property related to a smartwatch technology currently under development to Google for $40 million.
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Huawei to invest $100bn in reconstructing network system
Huawei will increase its investment to achieve goals to rebuild its network system in the next five years.
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