Bloomberg A Tesla Inc electric vehicle suddenly caught fire in a Hong Kong parking lot, the Hong Kong Economic Times said, less than a month after a similar case was reported in Shanghai. The Tesla Model S had been been parked in San Po Kong Plaza for about half an hour before the battery started to emit smoke and flames ...

Bloomberg Thailand plans to sell three 700 megahertz spectrum licenses for a total of about $1.7 billion as part of an effort to develop fifth-generation wireless services. The sale at a fixed price of 17.6 billion baht each will take place on June 19, Takorn Tantasith, the secretary general of the National Broadcasting & Telecommunications Commission, said in Bangkok. The ...

Bloomberg In the months leading up to Uber Technologies Inc’s market debut, Masayoshi Son made a habit of pointing out that SoftBank Group Corp is the world’s largest investor in ride-hailing companies. Suddenly, it doesn’t seem like such an enviable position. SoftBank has lost about $16 billion in market value in the past three trading days as Uber plunged nearly ...