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LG Energy Solution cuts capex on slowing EV demand after Q4 loss
24 Jan 2025

LG Energy Solution cuts capex on slowing EV demand after Q4 loss

South Korean battery firm LG Energy Solution (LGES) said on Friday it plans to cut capital expenditure by up to 30% this year on slowing electrical vehicle demand growth, after posting a quarterly loss for the first time in three years.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports

OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports

23 Jan 2025
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
When is coaching right for your team?

When is coaching right for your team?

22 Jan 2025
The aim of coaching is to build self-efficacy through the process of exploration. Coaching is not just another meeting; it is self-development
The importance of clear pay decisions 

The importance of clear pay decisions 

22 Jan 2025
By developing clear communication strategies, organisations can build the foundation for stronger, more trusting relationships with their employees
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture

Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture

22 Jan 2025
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan’s SoftBank Group to build up to $500 billion of new AI data centers in the United States.
EU takes China to WTO over high-tech patent royalties
21 Jan 2025

EU takes China to WTO over high-tech patent royalties

The European Commission filed a complaint at the World Trade Organization on Monday against what it said was China’s "unfair and illegal" practice of setting worldwide royalty rates for EU standard essential patents without the patent owner’s consent.
KKR hires Goldman for selling stake in Philippine fintech Maya, sources say

KKR hires Goldman for selling stake in Philippine fintech Maya, sources say

17 Jan 2025
Global investment firm KKR has appointed Goldman Sachs for the sale of its significant minority stake in Philippine fintech company Maya, according to two sources with knowledge of the matter. 
Intel to spin off its venture capital arm

Intel to spin off its venture capital arm

15 Jan 2025
Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the business.
Taiwan says exclusion from new US curbs on AI tech should 'give confidence'

Taiwan says exclusion from new US curbs on AI tech should 'give confidence'

15 Jan 2025
Taiwan’s exclusion from the new U.S. curbs on artificial intelligence (AI) chip and technology exports should "give confidence" about Taipei’s own controls and respect for the law, the island’s government said on Wednesday.
Clearwater to buy software maker Enfusion for $1.5 billion in expansion push

Clearwater to buy software maker Enfusion for $1.5 billion in expansion push

14 Jan 2025
Clearwater Analytics has agreed to acquire Enfusion in a $1.5 billion cash-and-stock deal as the financial software maker looks to bolster its international presence and enter the hedge fund industry.
India's HCLTech tumbles nearly 10% after Q3 revenue miss
14 Jan 2025

India's HCLTech tumbles nearly 10% after Q3 revenue miss

Shares of HCLTech plunged nearly 10% on Tuesday, set for their worst session since September 2015, after India’s No. 3 software services provider missed quarterly revenue estimates and raised only the lower end of its full-year sales outlook.
Data quality in finance: from compliance to confidence

Data quality in finance: from compliance to confidence

13 Jan 2025
Financial institutions that prioritise data integrity and embrace solutions like DaaS will enhance efficiency, manage risks and build enduring stakeholder trust
TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand

TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand

13 Jan 2025
Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
Dubai developer DAMAC signs $1 billion deal with blockchain platform MANTRA

Dubai developer DAMAC signs $1 billion deal with blockchain platform MANTRA

10 Jan 2025
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said on Thursday.
Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

07 Jan 2025
Samsung Electronics, the world’s top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia’s strong demand for AI chips.

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