Alphabet’s Google took a major step this year to end an EU antitrust investigation with an offer to sell its advertising marketplace AdX but European publishers rejected the proposal as insufficient, two people with direct knowledge of the matter said on Wednesday.
Alphabet’s Waymo is in talks with South Korea’s Hyundai Motor to outsource manufacturing of its self-driving vehicles, South Korean newspaper, Electronic Times, reported.
Australia’s central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version, a top policymaker said on Wednesday.
BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday.
Drivers are more likely to engage in non-driving activities, such as checking their phones or eating a sandwich, when using partial automation systems, with some easily skirting rules set to limit distractions, new research showed on Tuesday.
Intel’s foundry, or contract manufacturing business, has signed up Amazon’s cloud services unit as a customer for making custom artificial intelligence chips, the companies said on Monday, a deal that gives the chip maker a vote of confidence.
Ericsson said on Thursday it had created a joint venture to sell software with a dozen telecom operators, including Verizon, Deutsche Telekom and Reliance Jio.
The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, the government said on Friday.
Hedge funds and portfolio managers have significantly reduced their long positions in oil futures over the past two months, driven by concerns about slowing global demand and rising supply.
Derivatives exchange operator CBOE is partnering with a London-based tech firm, Globacap, to create a U.S. trading platform for shares of closely held companies, Bloomberg News reported on Wednesday.
Qualcomm has explored the possibility of acquiring portions of Intel’s design business to boost the company’s product portfolio, according to two sources familiar with the matter.
The family behind Nordstrom, one of the nation’s oldest and most storied department stores, has made a $3.8 billion offer to take the company private, according to a regulatory filing on Wednesday.
Johnson & Johnson owes shareholders of Auris Health $1 billion in damages for breaching a 2019 agreement to acquire the private developer of robotics, a Delaware judge ruled on Wednesday.
Intel will begin to generate a "meaningful" amount of revenue from its contract chip manufacturing business in 2027, the company’s CFO said at an investor conference on Wednesday.
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