Michael Horn confident Volkswagen will take the necessary steps to restore customer confidence.
Publisher of Bild and Die Welt bought a $25m stake in the US news website in January.
The app's rewards system is based on 'karma' and if a person gives a free ride to someone, he/she earns a free ride.
Project Titan has been designated as a 'committed project'.
Vehicle emissions industry was already suspicious of VW results, claims head of UK testing company
The company is facing a $18bn fine, shares have fallen more than 21% and VW is asked to recall over 480,000 cars
IBTimes spoke with Dr Lee Braine of Barclays about the blockchain design space.
Dialog is diversifying its product range to cut reliance on smartphone makers such as Apple and Samsung.
Scandal concerns VW Jetta, Beetle and Golf, Audi A3 and Passat.
The £6bn floatation, including debt, will likely be the biggest on the London Stock Exchange of the year.
Conservatives attack Corbyn's debut policy as an 'ideological joyride', despite public support.
Union source tells IBTimes UK that there is 'no urgency' from London Underground as talks continue.
Merlin Entertainments reported on Thursday its sales remain down after Smiler roller-coaster crash.
IBTimes gives account of some of the goings on at London FinTech Week 2015.
Adi Ben-Ari, founder Applied Blockchain was presenting a session on smart contracts at London Fintech Week
In July, George Osborne announced a minimum 'living' wage of £7.20 hourly by 2016 and £9 by 2020.
Ruling comes in favour of passenger whose KLM flight from Quito in Ecuador to Amsterdam was delayed.
Microsoft has denied any such discrimination and said it is looking into the complaint.
Merlin, which also owns Madame Tussauds, has suffered a share price drop of almost 18% since the crash on June 2
A formal announcement on the matter is expected on 17 September in New York.
Mike Cherry, FSB policy director, spoke to IBTimes UK about the body's major business survey.
Altice hopes to expand television market by merging Suddenlink and Cablevision.
Both companies' share price jumped shortly after the news.
ARK Investment Management has become the first ETF to invest in bitcoin
World's largest clothing retailer boosted by Spanish recovery and warm weather.
The grocer announced the closures along with its half-year results, which showed the struggle of the company.
German auto giant follows Mercedes-Benz in considering new business models emerging from autonomous cars.
Commodities trader issued 1.3 billion ordinary shares for 125 pence each and the sale was completed within a day.
IBTimes spoke to Rabobank's CIO about experiments its doing around forthcoming SWIFT smart wallet platform.
R3 announced a blockchain protocol partnership which so far includes nine of the biggest banks on the planet.