Toshiba gets majority shareholders’ nod for JIP-led consortium’s $14bn takeover
Following the completion of the takeover, which is expected to take place as early as in December 2023,…
Technology
Google turns to CJEU to make final bid to reverse €2.4bn EU antitrust fine
20 Sep 23The case revolves around a fine imposed on the internet major by EU Competition Commissioner Margrethe Vestager in…
TikTok penalised €345m by Irish DPC over handling of children data
19 Sep 23According to the Irish regulator, the voluntary inquiry was initiated to assess TikTok's compliance with GDPR obligations concerning…
Databricks raises $500m in Series I at $43bn valuation
15 Sep 23The funding round was led by funds and accounts advised by T. Rowe Price Associates and had participation…
UK to set up £900m supercomputer research facility Isambard-AI in Bristol
14 Sep 23Dubbed Isambard-AI, the new AI Research Resource (AIRR) will act as a national facility to assist researchers and…
Intel to divest 10% stake in IMS Nanofabrication to TSMC
13 Sep 23After the transaction, which is expected to be completed in Q4 2023, Intel will retain majority ownership of…
GlobalFoundries officially opens $4bn expansion fab in Singapore
12 Sep 23The US-based semiconductor manufacturer said that the 23,000m2 semiconductor facility will manufacture an additional 450,000 300mm wafers per…
Nvidia partners with Tata and Reliance to advance AI in India
11 Sep 23Nvidia will collaborate with Tata Group to offer AI computing infrastructure and platforms for developing AI solutions, and…
SAP to acquire Germany-based EAM software firm LeanIX
08 Sep 23Through the acquisition of the EAM software firm, SAP aims to expand its business transformation portfolio to enable…
TCS secures £800m contract to transform Jaguar Land Rover’s digital estate
07 Sep 23The Indian IT services firm will build a new future-ready, strategic technology architecture to support JLR’s Reimagine strategy…