Rimac And BMW Collaborate on Batteries for Future BMW Models
Rimac Technology announced a long-term partnership with BMW Group to provide high-voltage battery units for BMW’s product range.
Consumers Willing to Pay 9.7 Percent Sustainability Premium
Consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, according to the PwC 2024 Voice of the Consumer Survey.
Siemens and Foxconn Start New Collaboration
Siemens and Hon Hai Technology Group (Foxconn) have signed a memorandum of understanding (MoU) to drive digital transformation and sustainability in smart manufacturing platforms.
CROZ Successfully Held Its 16th QED Conference
QED, a biz-tech conference organized by CROZ for 16 years, aimed to bring industry professionals together in one place to learn and connect.
AWS to Establish €7.8 Billion Worth European Sovereign Cloud
Amazon Web Services outlined a plan to establish an independent cloud in Europe.
Workplace Transformation Will Boost European AR/VR Spending in 2024
According to IDC, European augmented reality and virtual reality (AR/VR) spending will reach $4.8 billion in 2024.
Regulators Approve Vodafone Spain Sale
The country’s regulators approved Vodafone’s sale of its Spain operations to Zegona Communications.
Consumers Willing to Pay 9.7 Percent Sustainability Premium
Consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, according to the PwC 2024 Voice of the Consumer Survey.
Digital Wallets Transaction Value to Surpass $16 Trillion by 2028
The total value of digital wallet transactions will rise from $9 trillion in 2023 to surpass $16 trillion in 2028, a rise of 77%, according to Juniper Research.
Telefonica Records a Large Jump in Profit in 2Q23
Telefonica accelerated growth during the second quarter of the year.
AMD Reports Lower Revenue and Profits in 2Q23
AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.
Pangu-Weather Model Now Available on ECMWF Website
Huawei Cloud's Pangu-Weather Model, an AI model for global weather forecasting, is now available on the website of the European Centre for Medium-Range Weather Forecasts (ECMWF).
IBM Completed Acquisition of Apptio
IBM completed its acquisition of Apptio after receiving all required regulatory approvals.
Shanghai Ranked Number 1 Smart City for Asia in 2023
A new study from Juniper Research has selected Shanghai as the leading smart city in Asia in 2023.
Foxconn Confirms Moving to Rotating CEO
Foxconn confirmed a shift to a rotating CEO system, with the heads of the company’s six business groups each having a stint in the top position.
Siemens and Foxconn Start New Collaboration
Siemens and Hon Hai Technology Group (Foxconn) have signed a memorandum of understanding (MoU) to drive digital transformation and sustainability in smart manufacturing platforms.
Samsung and O2 Telefónica Germany Launch vRAN and Open RAN
Samsung and O2 Telefónica have launched their first virtualized RAN (vRAN) and Open RAN commercial site in Germany.
Google Offers Gemini and AI Image Tools on Mid-Tier Pixel
Google pointed to the inclusion of a range of AI tools already offered in its highest-end smartphones in the forthcoming Pixel 8a.
Intel Builds the World’s Largest Neuromorphic System
Intel has built the world's largest neuromorphic system code-named Hala Point.
Samsung Weary on Smartphone Recovery in H2
Samsung forecasts double-digit profitability in its mobile division on a full-year basis.
Germany to Subsidize Chip Industry with €20 Billion
The German government prepared an amount of €20 billion to be distributed by 2027 to bolster the semiconductor industry.
America Movil Increases Its Stake in A1 Group
America Movil increased its stake in A1 Telekom Austria by a further 5.5% for an undisclosed sum.
Smartphone Shipments Continue to Decline in 2Q23
Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter of 2023, according to preliminary data from IDC.
T-Mobile Had the Highest Q2 Subscriber Adds in Eight Years
T-Mobile US reported post-paid phone additions of 760,000 in the second quarter of 2023.
IBM and NASA Open Source Geospatial AI Foundation Model
IBM and open-source AI platform Hugging Face announced that IBM's watsonx.ai geospatial foundation model - built from NASA's satellite data - will now be openly available on Hugging Face.