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TECHNOLOGY

Qualcomm interim CFO David Wise to retire

Chipmaker Qualcomm Inc said on Friday interim Chief Financial Officer Dave Wise will retire, effective immediately, and named Akash Palkhiwala as a temporary replacement.

Walmart, Tesla look to address issues surrounding solar systems

Walmart Inc and Tesla Inc are looking to address all issues surrounding the solar installations at Walmart stores, the companies said late on Thursday, two days after the retailer sued the electric carmaker for "widespread negligence" that led to repeated fires at the installations.

Xiaomi banks on phone data for finance play in India

China's Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges.

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