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.
India Overtakes US to Become Second-Biggest 5G Handset Market
Global 5G handset shipments grew 20% in the first half of 2024, according to Counterpoint Research.
Samsung Plans Mass Job Cuts Outside Korea
Samsung plans to slash up to 30% of its workforce outside of its home market in South Korea.
Telcos Should Drive Ethical and Responsible AI
Analysis from Omdia’s report has highlighted key regulatory considerations telcos must address when adopting AI solutions.
US Proposes Strict Reporting Rules for Tech Safety
The US is preparing new regulations requiring AI developers and cloud players to submit reports on the developments of new technologies.
SAP CTO to Face Criminal Probe
German prosecutors heaped further pressure on SAP CTO and executive board member Juergen Mueller by opening a criminal investigation into alleged sexual harassment during a company event.
Payment Card Technology Spending to Reach $13.6 Billion by 2029
A new study from Juniper Research has found that spending on card technology by card issuers will rise significantly.
India Overtakes US to Become Second-Biggest 5G Handset Market
Global 5G handset shipments grew 20% in the first half of 2024, according to Counterpoint Research.
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.
Maestri to Leave CFO Position at Apple
Apple announced that Chief Financial Officer Luca Maestri will transition from his role on January 1, 2025.
Samsung Plans Mass Job Cuts Outside Korea
Samsung plans to slash up to 30% of its workforce outside of its home market in South Korea.
China Mobile Reached One Billion Subscriptions
China Mobile confirmed the position of the largest mobile player in the world by connections.
Lenovo Unveils New Devices and Solutions in Berlin
Lenovo announced a series of new products at a special event in Berlin.
T-Mobile US Trials Satellite Emergency Alert
T-Mobile US trialed the first wireless emergency alert sent via satellite.
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.