Volkswagen will hold a series of capital markets days to present the results of mock listing exercises at each of its brand groups and its software and battery units, according to two sources familiar with the matter.
Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in a way that would benefit both China and the United States, in Xi’s first meeting with a foreign entrepreneur in years.
Intel plans to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as part of a multi-billion-dollar investment drive across Europe to build chip capacity, it said on Friday.
Meta Platforms said on Friday a policy that was put in place to curb the spread of misinformation related to COVID-19 on Facebook and Instagram would no longer be in effect globally.
Amazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive with rivals, saying the site doesn’t meet its standards.
Memory chipmaker Micron Technology on Friday warned of a bigger hit to global revenue from a Chinese ban on sale of its chips to key domestic industries, sending the company’s shares down more than 2% in early trading.
Alphabet’s Google on Friday sued a Los Angeles man and his companies in San Jose, California federal court, claiming he created hundreds of fake business listings on its platforms and sold them to real businesses to lure in unsuspecting customers.
The widow of murdered Saudi journalist Jamal Khashoggi says in a lawsuit that surveillance software built by the Israeli surveillance company NSO Group was used to spy on her messages in the months leading up to her husband’s death.
Volkswagen and a technology partner have mastered a battery manufacturing process called dry coating which if scaled up could cut the cost of cell production by hundreds of millions of euros a year, its battery chief said on Friday.
