Bloomberg Xiaomi Corp. unveiled plans to invest about $10 billion over the next decade on manufacturing electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market. Billionaire co-founder Lei Jun announced his intention to lead a new standalone division and spearhead the smartphone giant’s drive into vast but unfamiliar territory, in what he called his final major ...

Bloomberg Google promised not to silence workers who talk about their pay, part of a settlement resolving one of the first legal complaints filed by a new union representing hundreds of employees and contract workers at the internet giant. “We will not tell you that you cannot discuss policies with other employees,” states the notice to staff, signed by an ...

Bloomberg John Krafcik stepped down as chief executive officer of Alphabet Inc.’s Waymo self-driving vehicle division, making way for two tech industry veterans to jointly take over the business, the company said in a memo. Krafcik, 59, will be replaced by Tekedra Mawakana, Waymo’s chief operating officer, and Dmitri Dolgov, chief technical officer, who will serve as co-CEOs. Mawakana was ...