Reuters exclusively reported that China’s Huawei Technologies has asked Mercedes Benz (MBGn.DE) and Volkswagen’s Audi if they are interested in buying small stakes in its smart car software and components firm, according to three people with knowledge of the discussions.The move is aimed at expanding its partnerships beyond Chinese brands, they said. Huawei (HWT.UL), the...
Category: Technology
Illumina to divest cancer test maker Grail after antitrust battles
Gene sequencing company Illumina said on Sunday it will divest cancer diagnostic test maker Grail after battling both U.S. and European antitrust enforcers.
Adobe and Figma call off $20 billion acquisition after regulatory scrutiny
Adobe and Figma announced they would cancel the $20 billion acquisition after scrutiny from the U.K.’s CMA and the Justice Department.
Apple makes surprise decision to pause some Watch sales before Christmas over patent dispute
The decision stems from an intellectual property disagreement between Apple and Masimo over the Blood Oxygen feature.
Meta’s stock is wrapping up a record year, spurred by cost cuts that followed a disastrous 2022
Meta is closing out its best year ever for investors, validating CEO Mark Zuckerberg’s “year of efficiency” declaration.
Tesla to raise pay for hourly Nevada Gigafactory workers in January — move could stave off union interest
The adjustments also represent a 10% or greater raise for most hourly workers, adding anywhere from $2 to $8.30 an hour to their pay.
The techno-optimists and doomsdayers inside Silicon Valley’s most dangerous AI debate
The generative AI debate is dividing the tech industry and bringing terms like ‘e/acc’ and ‘decel’ into public conversations.
Activision Blizzard agrees to settle California case alleging discrimination against women
A proposed discrimination settlement would lead to a $46 million fund for female Activision Blizzard employees and contractors from 2015 to 2020.
DocuSign shares spike on report company is exploring a sale
DocuSign shares jumped on Friday after the Wall Street Journal reported the software company has hired advisors for a potential sale
Fake TikTok accounts spread disinformation on Russia-Ukraine war to millions
Fake TikTok accounts have been spreading disinformation on Russia’s war in Ukraine to millions of people, new data from the Chinese social media giant shows.