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AT&T secures $850 million from sale-leaseback of real estate to Reign Capital
27 Jan 2025

AT&T secures $850 million from sale-leaseback of real estate to Reign Capital

AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that house its legacy copper networks to real estate development firm Reign Capital. 
China's DeepSeek sets off AI market rout

China's DeepSeek sets off AI market rout

27 Jan 2025
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the profitability of AI and the sector’s voracious demand for high-tech chips.
Rivian says other automakers 'knocking on door' about tech from VW joint venture

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

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

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

24 Jan 2025
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.
Taiwan's HTC to sell part of XR unit to Google for $250 million
23 Jan 2025

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

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

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.
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

EU takes China to WTO over high-tech patent royalties

21 Jan 2025
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.
TSMC says all its sites operating following Taiwan quake

TSMC says all its sites operating following Taiwan quake

21 Jan 2025
Chipmaker TSMC said on Tuesday that all its sites were operating following an overnight 6.4 magnitude earthquake in southern Taiwan that was centred on a mountainous rural area and caused only minor damage and light injuries.
Spain's Indra appoints Angel Escribano as new chairman
20 Jan 2025

Spain's Indra appoints Angel Escribano as new chairman

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.
India's Wipro eyes best day in four years on echoing IT peers' demand revival hopes

India's Wipro eyes best day in four years on echoing IT peers' demand revival hopes

20 Jan 2025
Wipro’s shares surged about 8% on Monday, set for their best day in nearly four years, after India’s No. 4 IT services company joined its peers in signaling a revival in demand.
TSMC's US plant unlikely to get latest chip tech before Taiwan, CEO says

TSMC's US plant unlikely to get latest chip tech before Taiwan, CEO says

17 Jan 2025
TSMC’s new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex compliance issues, local construction regulations and various permitting requirements, the Taiwanese company’s CEO said.
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. 
Exclusive-Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say

Exclusive-Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say

16 Jan 2025
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

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