In China, the cars are becoming smarter. Last week, Alibaba Group Holding Ltd. and Foxconn Technology Co. Ltd. led a $348 million fundraising round for Guangzhou Xiaopeng Motors Technology Co. Ltd., a three-year-old startup developing internet-connected, electric cars. The investment might seem an odd one for online retailer Alibaba. But it’s part of a larger vision for transportation that includes ...

I have some bad news, and some probably-not-terrible news about Apple Inc. The bad news was Apple didn’t have a terrific holiday season for its most important product. Apple said that it sold 1.2 percent fewer iPhones in the three months ended December 30 than it did in the same period of 2016. Analysts had expected those unit sales to ...

The fintech dating game is on in Paris. Entrepreneurs in Europe’s financial-technology sector are pushing low-cost payments solutions to steal market share from banks, hoping the challenge they pose will spur the lenders to buy them or seek partnerships with them. Many startups are eyeing deals or potential backing in Paris to meet the top executives of French finance, from ...