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Exclusive-Northvolt in talks for about 200 million euros in funding, sources say

Exclusive-Northvolt in talks for about 200 million euros in funding, sources say

11 Oct 2024
Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in short-term funding, three sources familiar with the matter said, as the cash-strapped Swedish battery maker seeks to stabilise its finances.
Analysis-Rio Tinto's real prize: Arcadium's lithium extraction technology

Analysis-Rio Tinto's real prize: Arcadium's lithium extraction technology

10 Oct 2024
Rio Tinto’s $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.
SupplyChainTalk: Succession planning to avoid supply chain disruptions

SupplyChainTalk: Succession planning to avoid supply chain disruptions

04 Oct 2024
Mentorship & succession planning are key to retaining supply chain talent. Learn how leaders are shaping a future-ready workforce.
Nio partners with Monolith for real-time AI EV battery testing

Nio partners with Monolith for real-time AI EV battery testing

01 Oct 2024
Nio is partnering with UK artificial intelligence software startup Monolith to test and improve electric car battery packs in real-time using the Chinese EV maker’s battery swapping service in Europe, the companies said on Tuesday.
Dell asks global sales team to work five days a week in office, memo says
27 Sep 2024

Dell asks global sales team to work five days a week in office, memo says

Dell Technologies said on Thursday that their global sales team employees who are able to work from the company offices must do so five days a week, starting Sept. 30, according to a memo seen by Reuters.
Airbnb CEO says company focused on boosting long-term stays

Airbnb CEO says company focused on boosting long-term stays

20 Sep 2024
Vacation rental company Airbnb sees a huge opportunity to grow its long-term rental business as short-term rentals are under growing scrutiny in tourist hot spots like Athens and Barcelona.
Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says

Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says

19 Sep 2024
Alphabet’s Waymo is in talks with South Korea’s Hyundai Motor to outsource manufacturing of its self-driving vehicles, South Korean newspaper, Electronic Times, reported. 
Zoom lifts revenue forecast on growing demand for AI tools used in hybrid work

Zoom lifts revenue forecast on growing demand for AI tools used in hybrid work

22 Aug 2024
Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-powered collaboration tools deployed in hybrid work models, and said Kelly Steckelberg would step down as its CFO.
China's drivers fret as robotaxis pick up pace - and passengers
13 Aug 2024

China's drivers fret as robotaxis pick up pace - and passengers

Liu Yi is among China’s 7 million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed in the face of a nationwide glut of unsold apartments.
Equinix raises annual adjusted core earnings forecast on strong data center demand

Equinix raises annual adjusted core earnings forecast on strong data center demand

08 Aug 2024
Equinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intelligence technology.
Japan's Nissan, Honda to jointly research software, start talks with Mitsubishi

Japan's Nissan, Honda to jointly research software, start talks with Mitsubishi

02 Aug 2024
Japanese automakers Nissan Motor and Honda Motor have agreed to conduct joint research into technologies for a next-generation software platform, they said in a joint statement on Thursday.
ASML beats Q2 earnings forecasts; bookings rise on AI demand

ASML beats Q2 earnings forecasts; bookings rise on AI demand

17 Jul 2024
ASML, the world’s biggest chipmaking equipment supplier, reported better-than-expected second-quarter earnings on Wednesday on strong sales to China and with higher new bookings than the first quarter.
TotalEnergies, SSE to launch EV charging company in UK and Ireland

TotalEnergies, SSE to launch EV charging company in UK and Ireland

16 Jul 2024
French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said on Tuesday.

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