IBM closed its $34-billion purchase of Red Hat, sealing the world’s second largest technology deal ever and setting up the US technology company on a path to try and compete with top software purveyors in the cloud.
Author: Agency Staff
BMW’s first electric Mini will hit the streets by the end of the year, targeting urban buyers and giving the German manufacturer more ammunition to compete with Volkswagen and Tesla.
Billionaire Richard Branson’s Virgin Galactic plans to go public and become the world’s first listed space-tourism venture, the Wall Street Journal reported.
Jabu Mabuza, chairman of the South African power utility regarded as the biggest risk to the nation’s economy, has taken on a non-executive director role at pay-television company MultiChoice Group.
Since 2016, Facebook employees have used Stormchaser to track many viral posts, including a popular conspiracy that the company listens to users through their phone’s microphone.
Wall Street hasn’t been this pessimistic about Apple in a long time.
Tencent-backed grocery delivery start-up Missfresh is seeking new funds, according to people familiar with the matter, refilling its coffers as startup capital-raising gets tougher.
Automakers to trading houses are becoming more concerned about future supply shortages of key materials needed for electric vehicle batteries as spending on new production soars.
Apple’s Steve Jobs was singular in his ability to take a company “on a path to die” and turn it into the world’s most valuable – in part by “casting spells”, billionaire Bill Gates said.
Financial regulators must act fast to prepare for the push by US technology giants like Facebook into the financial system, according to European Central Bank executive board member Benoit Coeure.