VW embarks on $50 billion electrification plan
Volkswagen plans to spend 44 billion euros ($50 billion) on electric cars, autonomous driving and new mobility services by …read more Source: Reuters Tech News
Uncategorized
Europe 5G network buildout to trigger deals, won’t bust capex budgets
The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies …read more Source: Reuters Tech News
VW says could build up to 15 million electric cars
Volkswagen could build up to 15 million electric cars over several years on its new electric vehicle production platform, …read more Source: Reuters Tech News
Volkswagen to spend 44 billion euros on electric, autonomous cars by 2023
Volkswagen on Friday said it will spend 44 billion euros on electric cars, digitalization, autonomous driving and new mobility …read more Source: Reuters Tech News
Supply glut mars Turing effect for Nvidia shares
Worries about how fast the computing world will transition to Nvidia Corp’s next generation “Turing” graphic chips helped knock …read more Source: Reuters Tech News
EU executive poised to propose tariffs on Chinese e-bikes
The European Commission is set to propose final duties to curb cheap imports of Chinese electric bicycles that European producers …read more Source: Reuters Tech News
T-Mobile says Sprint deal may close as early as first-quarter next year
T-Mobile US Inc’s Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp …read more Source: Reuters Tech News
BlackBerry to buy cybersecurity firm Cylance for $1.4 billion
BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash …read more Source: Reuters Tech News
India’s Flipkart Group fashion unit chief denies he is quitting
The chief of Flipkart Group’s Myntra-Jabong fashion business on Friday denied a media report that he will quit after a …read more Source: Reuters Tech News
‘Crypto hangover’ hammers Nvidia’s outlook, shares drop 17 percent
Chip designer Nvidia Corp on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips …read more Source: Reuters Tech News