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Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say
13 Dec 2024

Exclusive-Singapore, Vietnam firms in talks for new undersea cables, sources say

Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fiber-optic cables that would boost the region’s data centre industry, people familiar with the discussions said.
Amazon successfully tests using delivery drones in Italy

Amazon successfully tests using delivery drones in Italy

06 Dec 2024
Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service.
Amazon announces new slate of AI models

Amazon announces new slate of AI models

04 Dec 2024
Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

03 Dec 2024
The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Huawei launches Mate 70 smartphone as new US chip curbs loom

Huawei launches Mate 70 smartphone as new US chip curbs loom

26 Nov 2024
Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, marking a significant step in its premium smartphone comeback while showcasing its own operating system in a clean break away from U.S. technology.
Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say
21 Nov 2024

Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say

China’s Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to U.S. restrictions, said two people familiar with the matter.
Roblox taps former Roku executive Parampath to aid advertising push

Roblox taps former Roku executive Parampath to aid advertising push

19 Nov 2024
Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.
Qualcomm chip sales to Chinese smartphone makers fuel strong results

Qualcomm chip sales to Chinese smartphone makers fuel strong results

07 Nov 2024
Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits from a wave of launches of flagship Chinese smartphones.
TI profit beats points to China automotive chip rebound as industrial weakness persists

TI profit beats points to China automotive chip rebound as industrial weakness persists

23 Oct 2024
Texas Instruments beat third-quarter profit estimates on Tuesday, helped by a recovery in orders for its analog chips across segments and improving demand from China’s automotive market, sending its shares up 4% in extended trading.
Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

18 Oct 2024
Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said. 
Space startups see funding growth as investors bet on capex-intensive ventures, report says
10 Oct 2024

Space startups see funding growth as investors bet on capex-intensive ventures, report says

Space startups raised $1.9 billion in the third quarter, up nearly a fifth from a year earlier, fueled by strong investor interest in rocket launchers and satellite manufacturers, according to a Seraphim Space report on Thursday.
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.
Verizon to Acquire Frontier Communications in $20 Billion All-Cash Deal

Verizon to Acquire Frontier Communications in $20 Billion All-Cash Deal

06 Sep 2024
Verizon announced on Thursday its agreement to acquire Frontier Communications in an all-cash deal valued at $20 billion.
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.

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