BMW announced its first major investment in Romania, a collaboration with Japanese company NTT Data to establish an IT development center in Cluj-Napoca. This strategic partnership aims to bolster BMW Group IT in Europe, focusing on developing IT projects and innovations for various sectors within BMW, including production, development, human resources, sales, and financial services.

Japan and the UK, two major IT markets, raise questions about the overall health of the global IT market in 2024.  Here are some potential impacts to consider: Negative impacts: Possible counterpoints and positive signals: Overall, the impact of Japan and the UK’s recessions on the global IT market is difficult to predict with certainty.

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has announced its ambitious plan to construct a second fabrication plant (fab) in Japan. This move comes as a response to rising customer demand and aims to bolster Japan’s position as a leading chip manufacturing center. Why Japan? TSMC’s expansion in Kyushu aligns with the Japanese government’s

The European Union’s antitrust regulators are set to block Amazon’s $1.7 billion acquisition of iRobot, the maker of Roomba robot vacuums, according to people familiar with the matter. The decision, which could be announced as soon as this week, would be a major setback for the tech giant, which had been hoping to expand its

To encourage its drivers to switch to electric vehicles, Uber has announced exclusive incentives for its drivers for the purchase of Tesla’s Model 3 and Model Y. This initiative, which includes incentives of up to $2,000, is designed to complement the existing federal tax credits available for electric vehicles. Andrew Macdonald, Senior Vice President for