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
As we edge towards the end of February 2024, the Information Technology (IT) sector continues to navigate through turbulent waters. The recent data from layoffs.fyi paints a concerning picture: since the beginning of January, 182 tech companies have announced layoffs, affecting a
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
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