Bloomberg BMW AG long tried to bill its flagship 7 Series sedan as the more fun-to-drive alternative to similar offerings from Mercedes-Benz AG. As the rivalry goes electric, the German manufacturer is trying to also win over people sitting in the back. The i7 boasts a luxurious interior that includes a flatscreen lowering from the ceiling to entertain passengers …

Bloomberg The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope. The landmark Digital Services Act (DSA) is the EU’s answer to what it sees as a failure by tech giants to combat illegal content on their platforms. Noncompliance could cost companies as …

Bloomberg For years, Volkswagen’s poor performance in the US fuelled debate among the company’s managers about whether Europe’s biggest carmaker should simply pack up and leave. According to Chief Executive Officer Herbert Diess, that’s no longer remotely an option. “We are going nowhere,” Diess said in a recent interview with CBS’s 60 Minutes. “No, we have to come back in …