At the beginning of 2025, Zalando changed its approach and announced that they are developing a strategy to build a leading pan-European e-commerce ecosystem for fashion and lifestyle around two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B).
Xiaomi raised $5.5 billion in a share sale, the company said in a statement.
Online consumer spending is set to reach $4.4 trillion in 2025, with the US contributing $1.4 trillion, according to Omdia.
With 1,830 patent applications in 2024 at the European Patent Office (EPO), Siemens ranks first among EU-based companies.
Influencer marketing spending will surpass $10 billion in the US in 2025, one year earlier than Emarketer predicted.
Vivendi reduced its stake in Telecom Italia and now owns under 20% of shares in the Italian operator.
According to the IDC report, public cloud services spending in Europe will total $221 billion in 2025 and will reach $373 billion by 2028, recording a five-year (2023-2028) compound annual growth rate (CAGR) of 20%.
Online consumer spending is set to reach $4.4 trillion in 2025, with the US contributing $1.4 trillion, according to Omdia.
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 accelerated growth during the second quarter of the year.
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.
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 its acquisition of Apptio after receiving all required regulatory approvals.
A new study from Juniper Research has selected Shanghai as the leading smart city in Asia in 2023.
The GSMA named Gopal Vittal as a permanent new chairman until the close of the current board term at the end of 2026.
Xiaomi raised $5.5 billion in a share sale, the company said in a statement.
US Federal Communications Commission chairman Brendan Carr outlined initial actions to streamline the process for removing legacy copper lines.
Jio Platforms, AMD, Cisco, and Nokia launched the Open Telecom AI Platform.
French-based quantum computing specialist Pasqal announced a new technical integration with NVIDIA.
Samsung forecasts double-digit profitability in its mobile division on a full-year basis.
The German government prepared an amount of €20 billion to be distributed by 2027 to bolster the semiconductor industry.
America Movil increased its stake in A1 Telekom Austria by a further 5.5% for an undisclosed sum.
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 US reported post-paid phone additions of 760,000 in the second quarter of 2023.
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.
