Three European entrepreneurs propose a groundbreaking undersea energy interconnection to link Europe with North America. Touted as the world’s largest subsea energy interconnection, this ambitious project aims to transfer renewable electricity bi-directionally, leveraging the sun’s movement across the sky. Project Overview The
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
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
The tech industry is facing a harsh reality check. As of January 2024, over 31,751 employees across 122 tech companies have been laid off, according to Layoffs.fyi. This staggering number, likely an underestimate due to missing data, paints a picture far from the
IBM has recently issued a bold directive to its management team across the United States, stirring up the ongoing debate about the future of work in the post-pandemic era. According to an internal memo leaked on January 16, and later confirmed by
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
SAP, the renowned German software company, has recently made headlines with its stock prices soaring by 7% to record levels. This surge is attributed to the company’s optimistic forecast for cloud revenue growth and a significant restructuring announcement, involving a workforce shift
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
We turn the spotlight on the startup odyssey with Emmett King, a founder who has adeptly traversed the vibrant and demanding startup landscape across continents. Beginning with his early business endeavors in the United States and extending to his significant impact in
Publicis Sapient, leader in digital business transformation, has recently announced a significant partnership with Google Cloud. This collaboration is set to introduce the Retail Media Network (RMN) Accelerator, a part of their Industry Value Network (IVN) initiative. This move aims to revolutionize the retail landscape by
Automotive News Europe reports that Volkswagen subsidiaries in Italy have started displaying prices reduced by up to 3,000 euros. Additionally, there are substantial discounts on optional features (known as “customer-advantages”) of up to 8,800 euros. Similarly, in Norway, the price of a