Huawei Technologies Co’s latest joint venture drove up the stocks in the automobile industry, displaying the technology giant’s ability to attract investors despite China’s uncertain and fluctuating stock market. Huawei Technologies signed an agreement and established a joint venture with Changan Automobile as the communications technology and mobile phone company expands its network in the …
Ford Motor lowers its EV battery plant ambitions in Michigan. Low and slow consumer demand for electric vehicles and rising labor costs prompted the company to scale back plans for the $3.5 billion battery plant and cut costs. In February, Ford executives CEO Jim Farley and Chair Bill Ford announced the company’s battery factor plans. …
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In its 2023 fiscal fourth quarter, Apple reported a net profit increase of 10.7% annually despite a slight drop in total sales. The American technology company’s net profit until September 30 rose to over $22.95 billion due to a surge in the sales of iPhone and services business. However, the company’s revenue dropped around 1% …
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CIOCoverage is an official Media Partner with Big Data Conference Europe 2023 starting from November 21st 2023. Big Data Conference Europe 2023 is a four-day event that focuses on technical discussions in the areas of Big Data, High Load, Data Science, Machine Learning and AI. The conference comprises a series of workshops and sessions, aimed …
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CIOCoverage is an official Media Partner with Testcon Europe 2023 starting from Octobrt 24th 2023. TestCon Europe is the biggest software testing conference in Europe for everyone willing to learn testing trends, best practices and make their contribution to the smoother software development cycle and quality. The event features the hottest topics in industry covering: …
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CIOCoverage is an official Media Partner with Advanced Forum on Telehealth 2023 starting from November 15th 2023. Hosted by American Conference Institute, the Advanced Legal, Regulatory and Compliance Forum on Telehealth takes place this November in New York City with two days of comprehensive panel discussions and strategy sessions which will equip you with the …
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CIOCoverage is an official Media Partner with Import Compliance & Enforcement 20233 starting from November 7th 2023. Back by popular demand! Join U.S. imports/customs controls experts and supply chain professionals at ACI’s Advanced Forum on Import Compliance and Enforcement, taking place November 7–8, 2023, in Washington, D.C. Connect with an established community of global import …
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Amazon Web Services (AWS) has inked a pivotal agreement with two key stakeholders in the nation’s space sector – the Indian Space Research Organization (ISRO) and the Indian National Space Promotion and Authorization Centre (IN-SPACe). The underlying ethos of this partnership is to infuse the vast capabilities of cloud computing into the world of space …
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Birmingham, Britain’s second-largest city, declared bankruptcy on Tuesday. The announcement was followed by a notice to suspend all non-essential spending after being charged equal pay claims of £760 million (around $954 million). The city joins other UK councils like Thurrock, Northamptonshire, Slough, Woking, and Croydon in declaring bankruptcy. However, unlike other city councils that increased …
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According to the European Automobile Manufacturers Association (ACEA), over a fifth of cars sold in the European Union were fully electric vehicles. Fully electric models accounted for 21% of the sales in the EU, making it the first time EVs constituted over a fifth of total sales in the union, despite being a slow number …
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