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Ghosn received 8m euro in 'improper' payments: Nissan

Former Nissan boss Carlos Ghosn received nearly eight million euros in “improper payments” from a Netherlands-based joint venture, the Japanese car giant alleged Friday, threatening to sue to recover the funds. 20 more words

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Netflix shares slip as spending weighs on profits

Netflix shares swung lower Thursday as spending on original shows at the leading streaming television service weighed on quarterly revenue and competition heated up.

from Phys.org – latest science and technology news stories… 10 more words

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Google acquires Fossil smartwatch tech for $40 mn

Google agreed to pay $40 million for the smartwatch technology of the fashion and accessory group Fossil, the companies said Thursday, enabling the California tech giant to expand in the growing wearable tech market. 20 more words

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Japan satellite blasts into space to deliver artificial meteors

A rocket carrying a satellite on a mission to deliver the world’s first artificial meteor shower blasted into space on Friday, Japanese scientists said.

from Phys.org – latest science and technology news stories… 11 more words

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Tesla recalls 14,000 cars in China over Takata airbags

Electric-vehicle maker Tesla will recall over 14,000 Model S cars in China as part of the global automotive sector’s effort to replace potentially dangerous airbags made by Takata, China’s market regulator announced on Friday. 21 more words

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Grand jury charges four Audi managers in emissions case

A federal grand jury in Detroit has indicted four Audi engineering managers from Germany in a widening diesel emissions cheating scandal.

from Phys.org – latest science and technology news stories… 12 more words

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Oxford says no to additional Huawei funding

Oxford University has decided to forgo further funding from Chinese tech giant Huawei as scrutiny grows in Europe over the telecom company’s relationship with the Beijing government. 19 more words

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