Amazon.com Inc on Thursday said it shifted part of the computing for its Alexa voice assistant to its own custom-designed chips, aiming to make the work faster and cheaper while moving it away from chips supplied by Nvidia Corp.
European private equity fund EQT is holding preliminary talks with KPN NV over a possible takeover bid that could value the largest Dutch telecommunications company at about US$13 billion, a source with knowledge of the matter said.
Goldman Sachs Group Inc has invited 60 executives to become partners, from Jan. 1, 2021, making the latest batch one of the bank's smallest since the mid-1990s.
Embattled conglomerate Thyssenkrupp is reviewing ways to keep its electrolysis unit Uhde as demand for large-scale production of hydrogen is expected to increase, three people familiar with the matter told Reuters.
The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be limited by a raging COVID-19 pandemic and lack of additional fiscal stimulus.
Fiat Chrysler and Engie EPS, a division of French utility Engie that focuses on energy storage systems and microgrids, plan to set up a joint venture to take full advantage of an expected boom in electric mobility.
Democratic U.S. President-elect Joe Biden's team has tapped a mix of progressives and centrist policy experts, including former derivatives market regulator Gary Gensler, to work on a transition plan for financial industry oversight. nL1N2HW38V]
MILAN: Italy's shipbuilding group Fincantieri said on Thursday its unit NexTech signed an agreement with IBM and a unit of Atlantia's Autostrade per l'Italia to jointly implement a monitoring system for highway bridges, overpasses and tunnels. The new platform will use drones, artificial ...
Embattled conglomerate Thyssenkrupp is reviewing ways to keep its electrolysis unit Uhde as demand for large-scale production of hydrogen is expected to increase, three people familiar with the matter told Reuters.
The explosive surge in U.S. coronavirus cases this fall has left a question hanging: When will the economy take its own turn for the worse?
