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TSMC's US plant unlikely to get latest chip tech before Taiwan, CEO says
17 Jan 2025

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

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.
Microsoft launches Copilot Chat for businesses to boost AI adoption

Microsoft launches Copilot Chat for businesses to boost AI adoption

16 Jan 2025
Microsoft on Wednesday rolled out a chat service allowing businesses to use on-demand AI agents for routine tasks, betting on the pay-as-you-go model to drive up the adoption of the technology.
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'
15 Jan 2025

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

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

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

14 Jan 2025
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.
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.
Hydro buys remaining shares in Hydrovolt from Northvolt

Hydro buys remaining shares in Hydrovolt from Northvolt

13 Jan 2025
Norway’s Hydro said on Monday it has agreed to buy the remaining shares in battery recycler Hydrovolt from Swedish electric-vehicle battery maker Northvolt for 78 million Norwegian crowns ($6.79 million). 
Hyundai launches $18,000 EV in Japan to penetrate EV-wary market
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.
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.
Honeywell, NXP Semiconductors expand partnership to develop aviation technology

Honeywell, NXP Semiconductors expand partnership to develop aviation technology

09 Jan 2025
Honeywell and NXP Semiconductors will expand their partnership to develop AI-driven technology for aviation and autonomous flying, the companies said on Wednesday.
Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows

Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows

09 Jan 2025
U.S. asset management firm Vanguard Group increased its stake in independent power producer Talen Energy Corp to 10.4%, according to a filing on Wednesday.
Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

08 Jan 2025
Aurora Innovation’s shares rose 35% on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany’s Continental to deploy driverless trucks.

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