Siemens’ supervisory board plans to accelerate its tech transition by expanding the management board from five to seven members. Siemens announced Peter Koerte and Veronika Bienert…
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Legal experts suggest Apple might benefit now that Alphabet’s Google lost its antitrust case, potentially aiding Apple’s own defense. A federal judge largely supported antitrust enforcers…
Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing. It also projects Q3 revenue below estimates…
Toyota’s global production fell in June, marking the fifth consecutive month due to a home market scandal and China’s price war. Japan’s top automaker’s global output…
Video game voice actors and motion-capture performers have called for a walkout due to failed labor contract discussions. This latest Hollywood work stoppage centers around demands…
According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery plant in the…
Geopolitical rivalries, especially U.S.-China trade battles, now top inflation concerns for sovereign wealth funds and central banks. Global conflicts, like Russia-Ukraine war and trade restrictions, now…
Nvidia is developing China-compatible AI chips adhering to U.S. export controls, according to three informed sources. The AI chip company introduced its “Blackwell” chip family in…
Asian equities fell Thursday, driven by chip stocks, as U.S.-China trade tensions rose. Meanwhile, the yen remained firm. The U.S. dollar hovered near a four-month low,…
Morgan Stanley’s Q2 profit exceeded expectations due to a surge in investment banking and trading revenues, despite muted wealth management. The bank, like Bank of America…