Given recent market turmoil, it would easy to overlook the upcoming IPO of Niu Technologies, a Chinese manufacturer of electric mopeds. The $95 million the company plans to raise is a pittance compared to the billions burnt by Tesla Inc. But, the technologies developed by Niu and other pioneers of electric two-wheel vehicles will transform transportation as much as anything ...

Bloomberg The staggering growth of cloud computing can’t go on forever. And reports from tech companies that make data-center hardware and sell the services suggest the industry’s expansion is cooling. Western Digital Corp., a maker of memory chips, neatly listed everything that is suddenly wrong with the technology industry when it gave a disappointing forecast. A boom in spending by ...

Bloomberg In Haidilao International Holding Ltd.’s hotpot restaurants, robots are replacing chefs and waiters. Asia’s biggest listed restaurant chain by market value is partnering with Japan’s Panasonic Corp. to open what the two companies say is the world’s first eatery with a fully automated kitchen on October 28 in Beijing. At the new Haidilao restaurant, robots will take orders, prepare ...