The battle for consumer attention in China’s electric car market is being fought over touches of “tech luxury” that car buyers in other markets have never seen.
A group of Chinese chip companies led by Huawei Technologies and backed by the country’s government aims to produce high-bandwidth memory (HBM) semiconductors, a key component in AI chips by 2026, The Information reported on Thursday.
Brokerage BGC Group said on Thursday its exchange platform FMX Futures was valued at $667 million after securing investment from a consortium including Bank of America and Citigroup .
The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion, including debt, according to people familiar with the matter.
Tractor Supply beat Wall Street expectations for first-quarter profit on Thursday, as easing transport costs and steady demand for the farming supplies retailer’s pet food and gardening products bolstered its margins.
Austrian privacy activist Max Schrems on Thursday received backing from an adviser to Europe’s top court in his fight against Meta Platforms over personalised advertising based on processing of personal data.
ASML’s new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe’s biggest tech company through the US/China “chip war”, while maintaining the group’s lead over rivals and managing the current AI boom.
Apple has rejected Spotify’s new version of its iOS app with in-app pricing information for users in the European Union, the audio streaming firm said on Thursday.
Amazon.com’s cloud-computing arm said it would invest $11 billion in Indiana to build data centers, marking the state’s largest capital investment, and promising at least 1,000 jobs.
