Tech
Older carmakers join Formula E in the race for electric cars
Older automakers are catching up with electric car leaders such as Tesla rely on their Formula E electric car racing teams for innovation to create
Ericsson appoints Lars Sandstrom as new CFO
Swedish telecoms equipment maker Ericsson said Tuesday it has appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander. Sandstrom
Apple paid a $13.7m fine to Russia
US technology giant Apple has paid Russia a 1.2 billion ruble ($13.65 million) fine imposed over the company’s alleged abuse of its dominant market position
France’s FDJ offers $2.8bn to Swedish online gaming company Kindred
French gaming company La Francaise des Jeux has offered to buy Swedish online peer Kindred Group. The company said on Monday that the deal would
CD Projekt plans to begin production of Polaris in 2024
Polish video game maker CD Projekt intends to start the production phase of the next game in its blockbuster “The Witcher” series this year, new
Voice-activated AI startup ElevenLabs has achieved unicorn status
Artificial intelligence startup ElevenLabs has achieved unicorn status after its latest round of fundraising. ElevenLabs reported that it had raised $80m in Series B funding
Google is investing $1bn in a data centre in the UK
Google will invest $1 billion to build a data centre near London, the US tech giant said on Thursday, in its latest investment in the
Microsoft claims state-sponsored Russian hackers spied on its executives
Microsoft said a Russian state-sponsored group hacked into its corporate systems on 12 January. The Russian group was able to access a “very small percentage”
Musk denied reports that his AI company received $500 million in funding
Elon Musk said a report that his artificial intelligence (AI) company xAI has received a $500 million commitment from investors to reach its $1 billion
TSMC’s fourth-quarter profit fell 19% and beat market expectations
Taiwanese chip maker TSMC reported a 19% drop in fourth-quarter net profit as global economic woes hit demand for chips used in applications from cars