Zap Buys Bulk of China's Jonway Auto

ZAP, the Santa Rosa, Calif.-based developer of low-speed electric vehicles, says it has closed a deal to buy a 51 percent stake in China’s Zhijiang Jonway Automobile Co. for $29.03 million in cash.

ZAP Deal Going Splat

UPDATED: Another project from electric car developer ZAP (s ZAAP) looks like it’s hit the rails (hat tip AutoblogGreen). The penny stock…

SBC Scores a VoIP Homerun

The Wall Street Journal reports that SBC Communications will build an Internet phone service for 50,000 Ford Motor Co. employees in 110…