Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for US$1.4 billion, with plans to put the firm's technology into its smartphone, laptop and automotive processors.
Ireland has agreed to proceed with a 2013 complaint challenging Facebook's transatlantic data flows, Austrian privacy activist Max Schrems said on Wednesday, announcing he had therefore dropped legal action against Ireland's Data Protection Commission.
Sales of electric vehicles in China rose 10 percent last year, data showed Wednesday, amid a post-pandemic economic recovery and a push to establish the world's largest auto market as a leader for green technology.
U.S. stock index futures were flat on Wednesday as investors digested a recent rally to record highs on bets of a snap-back in economic activity fueled by more fiscal stimulus and vaccine rollouts.
Target Corp said on Wednesday its comparable sales rose 17.2per cent in November and December as its online sales more than doubled during the holiday period.
The Reserve Bank of India on Wednesday formed a working group to look at digital lending in the country, including lending through online platforms and mobile applications, it said in a statement.
Italian American carmaker Fiat Chrysler said on Wednesday that the payment of a planned 2.9 billion euro (US$3.5 billion) special dividend as part of its merger with France's PSA had "become unconditional".
The adviser to the EU's top court has issued a recommendation to allow data protection agencies in any EU country to take legal action against Facebook or any other tech firm even if their regional headquarters are in a different EU state.
Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the mass production of renewable hydrogen.
The data protection agency in any EU country should be able to bring legal action even if they are not the lead authority, a senior adviser to the EU's top court recommended on Wednesday in a case involving Facebook.
