Companies


    • Google inks major Android auto partnership

      Google inks major Android auto partnership

      Google will integrate its Android operating system into cars produced by Renault, Nissan and Mitsubishi, a move that will put its tech products within easy reach of millions of drivers, news wires reported. The partnership, announced on Tuesday by the French-Japanese auto alliance, will allow the automakers to install Google Maps, Google Play Store and Google Assistant in vehicles starting in 2021.

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    • Amazon's employees leaked data for bribes

      Amazon's employees leaked data for bribes

      Amazon is investigating allegations that some of its employees have offered to leak confidential information and delete negative product reviews in exchange for money. According to a media report, released on Sunday, the company's staff members have peddled corporate data - such as sales metrics and the personal details of reviewers - to sellers in exchange for payments ranging from roughly $80 to more than $2,000 so that independent merchants can use to try to get higher rankings for their products in searches on the site.

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    • T-Mobile strikes $3.5bn 5G deal with Ericsson

      T-Mobile strikes $3.5bn 5G deal with Ericsson

      Now that the 5G standards are complete (both standalone and the kind that piggybacks on LTE), US carriers are rushing to pump up the hype ahead of initial trials and deployments. After striking a $3.5 billion deal with Nokia a mere week and a half earlier to help build a 5G network, America's' third-largest wireless carrier T-Mobile has now announced a similar multiyear deal with Swedish supplier Ericsson.

       

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    • Alibaba teams up with Russian tech giant

      Alibaba teams up with Russian tech giant

      Mail.ru, the Russia firm that offers a range of internet services including social media, email and food delivery to 100m registered users, has teamed up with China's top e-commerce player Alibaba to launch AliExpress Russia - a JV that they hope will function as a “one-stop destination” for communication, social media, shopping and games. Mail.ru backer MegaFon, a telecom firm, and the country’s sovereign wealth fund RDIF (Russian Direct Investment Fund) have also invested undisclosed amounts into the newly-formed organisation.

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    • Japan's Renesas buys US-based IDT for $7bn

      Japan's Renesas buys US-based IDT for $7bn

      Japan-based semiconductor firm Renesas - one of the world’s largest supplier of chips for the automotive industry - is buying US chip company IDT (Integrated Device Technology) for $6.7bn - its second major acquisition as it deepens its push into semiconductors for self-driving cars.

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    • VW investors seek €10bn damages over Dieselgate

      VW investors seek €10bn damages over Dieselgate

      Volkswagen’s bill for cheating on diesel emissions could potentially top €30bn as a legal battle with thousands of investors heats up in the German car manufacturer's own backyard as a court in the town of Braunsweig, just 20 miles from VW's Wolfsburg headquarters, has started today the first court case against the carmaker over the diesel scandal. 

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    • Jack Ma remains Alibaba chairman, a company spokesman says

      Jack Ma remains Alibaba chairman, a company spokesman says

      Alibaba co-founder and executive chairman Jack Ma will remain as executive chairman, and will unveil a succession strategy on Monday on his 54th birthday, South China Morning Post reported on Saturday, citing a company spokesman. Ma will unveil a succession plan to groom younger talent on Monday but “will remain executive chairman while the plan is carried out,” the newspaper, owned by Alibaba, said.

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    • EU clears Apple's acquisition of Shazam

      EU clears Apple's acquisition of Shazam

      Apple's plan to buy Shazam, the UK-based app that can identify any song playing nearby, has been finally given the green light from European regulators. After months of in-depth investigations the European Commission announced today its approval of Apple's acquisition of the British music recognition app, concluding that the merger would not adversely affect competition in the European Economic Area or any substantial part of it.

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    • Amazon has become America's second $1 trillion company

      Amazon has become America's second $1 trillion company

      On Tuesday, Amazon briefly became the second publicly traded company after Apple to reach $1 trillion in market cap. Although the stock closed below the magic number, it's remarkable how quickly it joined the trillion-dollar club. It took Apple 38 years, while Amazon did it in just 21. Both companies got there by consistently improving their core products. But Amazon has also diversified its portfolio very quickly, dominating in areas ranging from online retail to cloud.

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