ServiceNow said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker’s largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.
In brief, by misunderstanding the causes of misbehaviour issues. I know it’s best practice to restate your premise since some readers skip over an article’s title.
General Motors on Monday announced the hiring of its first chief artificial intelligence officer as the automaker looks to use the technology more in its vehicles and in other parts of its business.
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
Samsung Electronics on Tuesday nominated its chip business chief Jun Young-hyun and Chief Technology Officer Song Jai-hyuk to join its board, as the tech giant looks to boost competitiveness in its struggling semiconductor business.
Sony raised on Thursday its operating profit forecast for the year ending in March by 2% to 1.34 trillion yen ($8.70 billion), citing the strength of its gaming business.
When Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help provide better access the promising Chinese market.
Singapore’s Keppel posted a 5% rise in its full-year underlying profit on Wednesday, as earnings for its connectivity segment were boosted by strong demand for digital infrastructure required for artificial intelligence-based services.
French software company Dassault Systemes on Tuesday forecast revenue growth of between 6% and 8% for 2025, above the 5% rise seen last year, counting on its competitive positioning after its software revenue improved in the fourth quarter.
Influential shareholder adviser ISS wants Siemens to return to in-person annual general meetings and has recommended shareholders vote against allowing virtual meetings in the coming years, according to a proposal seen by Reuters.
STMicroelectronics, one of Europe’s largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025, as the downturn seen in its key markets drags on into the new year.
A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.
Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company.
Infosys expects the way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer said in an interview Davos, Switzerland.
Spanish defence and technology company Indra on Sunday said it has appointed Angel Escribano as its new chairman, after former chairman Marc Murtra accepted telecom giant Telefonica’s offer to become chief executive.