On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years. Schneider Electric expects its India data-centre bus…
The €33-per-share proposal lands at a slight discount to Friday’s price, but with Uber already sitting on a quarter of the company and DoorDash circling, the bid is the start of the negotiation, not the end of it. Delivery Hero confirmed on Saturday th…
The European Central Bank is calling banks in for a meeting on Tuesday to address the cybersecurity risks created by a new generation of AI models that can find and exploit software vulnerabilities faster than any human team. The meeting follows months…
The Nikkei broke 65,000 for the first time on Monday, and SoftBank, the listed proxy for both OpenAI and Arm, did much of the lifting. SoftBank Group shares hit a record high in Tokyo on Monday, carrying the Nikkei 225 above 65,000 for the first time a…
He Tingbo used a Shanghai keynote to argue that cutting signal-propagation time, not shrinking transistors, is the new frontier, and that Huawei has been quietly building chips around the idea for six years. Huawei used the opening day of the IEEE Inte…
Wingtech Technology has filed a lawsuit against its own subsidiary, Nexperia, in a Chinese court. The case, lodged at the Dongguan Intermediate People’s Court, seeks at least 8 billion yuan, roughly $1.1 billion, in damages. It is the first major legal…
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, has withheld its vote on the reappointment of John Elkann to Meta’s board of directors. The fund said it believes the Stellantis chairman and Exor CEO does not have eno…
The London-based beauty and wellness booking platform has joined the UK unicorn club at a $1bn-plus valuation, in a deal that lands while the broader SaaS complex is busy arguing about its own funeral. Fresha, the London-based booking and payments plat…
Operazione Tutto Chiaro hit more than 100 sites across Italy, France, and Germany, targeting a system that rebroadcast legitimate subscription codes every three minutes. Italy’s Guardia di Finanza said on Friday it had dismantled an audiovisual piracy …
$21.6bn quarter, AI revenue nearly doubles, full year crowned the best in the company’s history. Lenovo posted Q4 revenue of $21.6bn, up 27% year-on-year and roughly $2.2bn ahead of consensus, sending shares up about 15% on Friday in Hong Kong. Net pro…