UK chip designer Arm cuts jobs after takeover collapse
Semiconductor designer Arm plans to axe up to 15 percent of staff, it said Tuesday, after Japanese owner SoftBank failed to offload the subsidiary to US chip giant Nvidia.
Mar 15, 2022
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Page 2 - News tagged with business plans
Business
Sweden, Denmark dig deeper to save SAS
The Swedish and Danish governments have agreed to stump up more cash to bail out ailing airline SAS in a recapitalisation plan that was finalised on Friday, the Scandinavian carrier announced.
Oct 23, 2020
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Business
Siemens' energy unit spinoff lags expectations in market debut
German industrial giant Siemens on Monday spun off its energy division, with a below-expectations valuation of 16 billion euros, in one of the largest stock market debuts in Europe this year.
Sep 28, 2020
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Business
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.
May 27, 2020
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Robotics
Robots 'not evil' says Boston Dynamics as humanoids go viral
As videos of robot-like dogs made by Boston Dynamics go viral on the internet, the humanoids' uncanny abilities have also sparked worries that they could become a threat to humans.
Nov 7, 2019
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Business
Air France must capitalise on home market: AF-KLM chief
Air France has resolved difficult staff relations that led to debilitating strikes and must now reposition itself in the ultra-competitive airline industry to take advantage of its home turf, according to Ben Smith, the head ...
Nov 5, 2019
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Hardware
Qualcomm lowers price, remote access barriers to 5G
Qualcomm plans to integrate its 5G modem in mid-range Snapdragon 600 and 700 series phones next year. What that brings to consumers is some good news about affording 5G without tears. Expect mid-tiered Snapdragon chipsets ...
