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Porsche sports cars to live on in EV era

Bloomberg Porsche AG will pursue a three-pronged strategy to diversify its lineup as the German manufacturer gears up for the rollout of its first all-electric sports car next year to tackle a fundamental industry shift towards battery-powered vehicles. “There will be a triad: plug-in hybrids, emotional sports cars with combustion engines and sporty electric vehicles,” Chief Executive Officer Oliver Blume ...

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Tencent’s Meituan app to rival WeChat

Bloomberg Meituan is the kind of Chinese technology company few people outside the country understand. That’s because its services aren’t quite like anything you might find abroad. Meituan has a restaurant review feature sort of like Yelp, but its app also lets you order off the menu from your phone the minute you sit down. You can settle your check ...

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‘Flying cars across US skies within 10 years’

Bloomberg Flying cars will be zipping across US skies within the coming decade—at least that’s what Uber Technologies’ CEO Dara Khosrowshahi predicts. “There will be people flying around Dallas, Texas,” Khosrowshahi said at the DLD tech conference in Munich. “I think it’s going to happen within the next ten years.” Back down on the ground, the Uber CEO cited congested ...

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