The German federal government has approved a new project to relaunch its electric vehicle subsidy program. Set to take effect next year, this revamped program aims to breathe new life into Germany’s struggling electric car market. The German government plans to allocate
SAP revealed its acquisition of the German startup LeanIX, a software service designed to assist companies in mapping out their architecture. The acquisition comes to complement the Signavio purchase in 2021, when SAP acquired the German business process automation company for a
The European Commission has formally validated the classification of tech companies and their services as “gatekeepers” under the rigorous Digital Markets Act (DMA). These companies were initially included in a provisional list released in early July, and they predominantly comprise major American
The EU’s antitrust commissioner, Margrethe Vestager, said that the deal could “undermine the supply of tools for interactive product design and digital asset creation” and that it could “remove an important competitive force.” Long story short: The EU’s investigation will also look
ANIS and 138 other IT companies in Romania ask the Government not to adopt tax measures that would affect over 80% of IT engineers. The signatories of the memorandum say that they have drawn attention to both the short time for adjusting
Tesla and its main competitors in China have reached an agreement to abandon the practice of “abnormal” pricing on the world’s largest EV market. Sixteen auto manufacturers, including BYD, Nio, Xpeng, and Geely, are set to sign an accord aimed at ending
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts consolidated operating revenue of 133.2 million RON in the first quarter of 2023, a 113% increase compared to the same period last year, a turnover of
Nvidia, one of the leading manufacturers of artificial intelligence (AI) chips, experienced a significant decline in its stock prices by over 3%. The drop can be attributed to reports suggesting that the Biden administration is considering imposing new restrictions on the export
Sony has announced that in the first quarter of this year, the PS5 sold an impressive 6.3 million units, setting a new record for Q1 console sales across all generations and platforms. After supply chain issues from the pandemic were resolved late last year,
Safetech Innovations US, Inc. marks an important milestone in the company’s expansion strategy. By opening a subsidiary in the USA, Safetech Innovations S.A. is tapping into one of the world’s largest markets, which presents a wealth of opportunities for growth and development.
Bittnet, a leading provider of IT services and solutions, is exploring new horizons for its business by considering an expansion into Europe. The company is currently eyeing the Czech Republic as its first target, with plans to acquire a local firm to