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Samsung misses analyst profit estimates

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Bloomberg Samsung Electronics Co. missed analyst profit estimates as South Korea’s surging currency and year-end bonuses outweighed display orders from Apple Inc. for the new iPhone X. Operating income was 15.1 trillion won ($14.2 billion) in the three months ended in December, missing the average of estimates by 1 trillion won. Shares fell in Seoul after the result. Samsung is ...

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Baidu plugs ‘Apollo 2.0’ self-driving platform at CES

Chinese search engine baidu

Bloomberg Baidu Inc. unveiled a souped-up version of its open self-driving platform, declaring rapid progress with partners from Microsoft Corp. to TomTom NV in developing autonomous cars for China and beyond. China’s largest search engine used the Consumer Electronics Show in Las Vegas to announce an upgrade for its Apollo software, which it says will allow cars to drive on ...

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Didi moves to shake up bike-sharing business

Bike sharing services in shenzhen

Bloomberg Didi Chuxing became China’s reigning car-hailing service by pummeling Uber into submission. Now it wants to do the same in bike-sharing, joining an increasingly pitched battle between arch-foes Mobike and Ofo. Didi declared it wants to become a “comprehensive” platform for bike-sharing, co-opting struggling No. 3 player Bluegogo and starting its own two-wheeler service. That’s a departure from a ...

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