GM, Magna and Wipro team up for automotive software marketplace
GENERAL Motors, auto parts supplier Magna and IT company Wipro said on Tuesday (Mar 5) they were working together to create a...
India's tech sector growth rate seen halving to 3.8% in FY24
INDIA’S technology sector is expected to grow at a slower pace this fiscal year as clients hold back spending and delay decision-making...
Japan chipmaker Renesas to buy software company Altium for A$9.1 billion
JAPANESE chipmaker Renesas Electronics said on Thursday (Feb 15) said it had agreed to buy Australian-listed electronics design company Altium for A$9.1...
Silent outdoor cinemas, eco-friendly skincare and healthy snacks made by ex-offenders: How small local enterprises are making an impact on society
WHILE small businesses – especially ones rooted in sustainable and socially responsible missions – often begin their journey with a sense of...
Nokia Q4 operating profit down 27%, beats forecast on margin boost
FINNISH telecom equipment supplier Nokia on Thursday (Jan 25) reported a 27 per cent drop in fourth-quarter operating profit, hurt by lower...
Bosch aims to cut 1,200 jobs in software division by end 2026
AUTOMOTIVE supplier Bosch wants to cut 1,200 jobs in its software development division by the end of 2026, a company spokesperson said...
Fujitsu won’t bid for UK public contracts during Post Office inquiry
FUJITSU has promised it won’t bid for more UK government contracts until the outcome of a public inquiry into the Post Office...
India’s TCS to diversify to other markets amid US weakness
INDIA’S No1 software services exporter Tata Consultancy Services (TCS) is planning to focus more on markets such as Japan, Latin America and...
Unity Software to cut 1,800 employees, about 25% of staff
UNITY Software, which replaced its chief executive officer in October, plans to reduce its workforce by 25 per cent, eliminating about 1,800...
MicroStrategy’s Bitcoin holdings top US$8 billion with latest purchase
MICROSTRATEGY, the enterprise software maker which has made buying Bitcoin part of its corporate strategy, increased its total holdings of the cryptocurrency...