Taiwan’s TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia’s most valuable company.
The German government and mobile phone carriers have agreed in principle on steps to phase components by Chinese technology companies out of the nation’s 5G wireless network over the next five years, two people familiar with the matter told Reuters on Wednesday.
BNP Paribas has entered into a comprehensive partnership agreement with Mistral AI, covering all its current and future commercial models, the French bank said on Tuesday.
Shares in Capita jumped nearly 23% in early trading on Tuesday after the British outsourcing firm agreed to sell its standalone software business Capita One to a unit of MRI Software in a deal worth 200 million pounds ($256 million).
The mood among space tech investors is optimistic. Investment in it will help Europe to withstand shocks, especially those caused by the changing climate
Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, the second writedown on its acquisition of Vonage.
Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.
For decades, traditional insurance has served the needs of majority of the population, but it has also inevitably excluded certain segments who either cannot afford premiums or struggle to find a product to suit their requirements
Developing financial literacy is essential, not only for breaking generational cycles of debt but also to give people the skills needed for a successful life
UBS is seeing a shift in the way clients are interacting with their bankers powered by artificial intelligence, the head of the Swiss bank’s domestic business Sabine Keller-Busse said on Tuesday.
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