Future of Enterprise

24 Jan 2025

Rivian says other automakers 'knocking on door' about tech from VW joint venture

A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.

Taiwan's HTC to sell part of XR unit to Google for $250 million

23 Jan 2025

Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company.

Indian IT sector's talent management to evolve, Infosys CTO says at Davos

22 Jan 2025

Infosys expects the way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer said in an interview Davos, Switzerland.

Spain's Indra appoints Angel Escribano as new chairman

20 Jan 2025

Spanish defence and technology company Indra on Sunday said it has appointed Angel Escribano as its new chairman, after former chairman Marc Murtra accepted telecom giant Telefonica’s offer to become chief executive.

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.

10 Jan 2025

Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

South Korea’s Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local giants with established petrol and hybrid vehicle technologies.

China's Xpeng plans to hire more than 6,000 workers in 2025

03 Jan 2025

Chinese electric vehicle maker Xpeng will hire more than 6,000 workers in 2025, founder and CEO He Xiaopeng said on Tuesday.

Qualcomm secures key win in chips trial against Arm

23 Dec 2024

Qualcomm’s central processors are properly licensed under an agreement with Arm Holdings, a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker’s expansion into the laptop market.

Sony to become top shareholder of media powerhouse Kadokawa

19 Dec 2024

Sony Group said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa, raising its stake in the Japanese media powerhouse to around 10% and becoming Kadokawa’s top shareholder.

Bain and KKR battle for Fuji Soft heats up as Bain goes hostile

18 Dec 2024

Bain Capital said on Wednesday it plans to launch a tender offer for Fuji Soft shares even without the backing of the Japanese firm’s board should a second-round bid from rival suitor KKR fail.

Lockheed forms subsidiary to help defense companies adopt AI

17 Dec 2024