Search results for "big tech companies"

Biden, Scholz Vow to Punish Russia for War in Ukraine

U.S. President Joe Biden and German Chancellor Olaf Scholz vowed on Friday to keep imposing costs on Russia for its war in Ukraine, now in its second year, as an EU official said any arms provided by China to Russia would trigger sanctions. Biden and Scholz met in private in the Oval Office for over […]

The World This Week

1. Lithium Price Slide Deepens as China Battery Giant Bets on Cheaper Inputs By now, it is out in the open that the COVID-19 pandemic played a remarkable role in hastening the global reliance on lithium for EV batteries as the world pushes to reduce carbon emissions as it marches on a path towards an […]

SoftBank’s Arm Rebuffs London by Choosing U.S. Listing

Arm, the chip designer owned by Japan’s SoftBank, said on Friday it would pursue a U.S.-only listing this year, dashing the British government’s hopes that the tech giant would return to the London stock market. The company did not completely rule out an eventual London listing, saying it intended to consider a subsequent IPO there […]

Family Office of Nintendo Heirs Says Patience Is a Super Power

The investment firm managing nearly $1.5 billion of assets for members of Nintendo’s founding family is willing to play a long game when it comes to portfolio companies and can wait more than a decade to see a turnaround, a top executive said. That timeline helps explain why Yamauchi-No.10 Family Office shows no sign of […]

A World Without Fossil Fuels Is Still Far From Perfect

The hunger for fossil fuel is not what it once was. The urgent need for a sustainable solution to help limit environmental damage has showcased that fossil fuels are not the only way to go. Fuel alternatives started becoming mainstream, making life easier for companies in various sectors by helping them reduce costs and become […]

Visa, Mastercard Pause Crypto Push in Wake of Industry Meltdown - Sources

U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters. The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and […]

Factbox - Want Billions to Make Us Chips? Here Is how to Get Them

The Biden administration, which is making a $52 billion push to build more chips in the United States, said on Tuesday that it would require companies winning taxpayer funds for the initiative to give back excess profits and provide affordable childcare. As of 2020, the U.S. share of modern global chip manufacturing capacity had fallen […]

The Telco That Put Principle Before Profit

UAE Telco du hoped that digital fasting would help to instill self-reflection during Ramadan. Not too long ago, one of the highest profile companies in the United Arab Emirates conducted an experiment during Ramadan. The company was Emirates Integrated Telecommunications Company (EITC) and the experiment was for telco du to create a ‘technology fast’ within […]