Search results for "ai systems"

Japan's Hitachi acquires GlobalLogic for $9.6 billion

Hitachi Ltd. is buying U.S. digital engineering services company GlobalLogic Inc. for $9.6 billion, the Japanese industrial, electronic and construction conglomerate said Wednesday. Tokyo-based Hitachi said the acquisition of the Silicon Valley company will strengthen Hitachi’s digital operations in a wide range of businesses, including IT, energy, industry and mobility. It will speed up efforts […]

AT&T, Ericsson execs head The Next G Alliance’s 6G R&D efforts

Executives from U.S. telecoms provider AT&T and Swedish Ericsson have been announced as The Next G Alliance’s chair and vice chair respectively following an election conducted by the Alliance for Telecommunications Industry Solutions (ATIS). According to a statement by ATIS, Andre Fuetsch, Executive Vice President & Chief Technology Officer, AT&T, has been named chair of […]

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

The gate of China Europe ‍international business school

China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing over trade, technology and human rights. On Monday, that image shattered when the European Union joined Washington, Britain and Canada in imposing sanctions on Chinese officials over accusations they abused ethnic minorities. Beijing […]

US charges Swiss 'hacktivist' for data theft and leaks

The Justice Department has charged a Swiss hacker with computer intrusion and identity theft, just over a week after the hacker took credit for helping to break into the online systems of a U.S. security-camera startup. An indictment against 21-year-old Till Kottmann was brought Thursday by a grand jury in the Seattle-based Western District of […]

Walmart, Tencent, Japan Post acquire 13% of troubled Rakuten

Japanese e-commerce giant Rakuten sold on Monday 13 percent of its shares, worth $2.2 billion, to several new investors, as the company attempts to strengthen its balance sheet, while rolling out a more aggressive mobile strategy. The new investors into Rakuten are Japan Post – the country’s largest insurer and bank by deposit, as well […]

'Big burden' for schools trying to give kids internet access

When the coronavirus pandemic shut down schools, educators had to figure out how to get kids online. Fast. In a patchwork approach born of desperation, they scrounged wireless hot spots, struck deals with cable companies and even created networks of their own. With federal relief money and assistance from state governments and philanthropists, they have […]

Clubhouse Media Group launches an innovative Creator advisory panel

Clubhouse, the growing social media conglomerate that also encompasses a digital studio subsidiary, software division, and an worldwide network of professionally operated content and influencer houses, announced this week its new content Creator advisory panel—a first for the industry. The seven-member committee will be composed of professionals across various sectors, including peer influencers, Clubhouse executives […]

GM partner LG to invest $4.5 billion in US battery operation

LG Energy Solution will invest more than $4.5 billion in U.S. battery production by 2025 as more automakers commit to churning electric vehicles sooner than anyone had expected. The Korean company, which has a joint venture with U.S. automaker General Motors, said the investment will help create 10,000 jobs, including subcontractors. GM and LG are […]