Category: Technology

Germany’s Robert Bosch GmbH is making a bigger bet on semiconductors with plans to spend 3 billion euros ($3 billion) to help ease a worldwide shortage of computer chips that has crimped vehicle production. The auto-parts supplier said Wednesday it will make the investment by 2026 as part of European Union and German government efforts […]

Viaplay Group AB is in talks to buy Premier Sports Ltd., as the fast-growing Nordic streaming company seeks to gain more broadcasting rights ahead of its UK launch, people with knowledge of the matter said. Stockholm-listed Viaplay aims to reach an agreement as soon as this month, one of the people said, asking not to […]

Cable and wireless firm Rogers Communications Inc. said it will give customers a credit worth five days of service as compensation for last week’s network failure, which knocked more than 10 million people offline and temporarily choked Canada’s payments system. The move is “a first step” to regain the trust of consumers, Rogers spokesperson Chloe […]

A Shanghai-listed arm of Foxconn Technology Group acquired a stake in China’s top chipmaker during its $9 billion bailout, people familiar with the matter said, the latest in a series of investments the Taiwanese-run firm has made in the mainland’s semiconductor industry. Foxconn Industrial Internet Co. invested in state-backed Tsinghua Unigroup through a fund it […]

Cybozu Inc., a Japanese provider of enterprise software, will pay out a special allowance to employees around the world to help them deal with sustained inflation. Rapid price rises in countries where Cybozu operates, including Japan, the US and Australia, have been severe enough to make annual salary increases insufficient, the company said on Wednesday. […]

The offices of UK-based IMG Media Ltd. were searched by Britain’s antitrust watchdog as part of a wider probe into how some of the nation’s top sports TV broadcasters and production firms may have colluded to buy freelance services. The Competition and Markets Authority said in a statement on Wednesday it had opened an investigation […]

A luxury cruise firm, a disputed family inheritance, and a Monaco-based tycoon fighting to protect his fortune. It sounds like the summary of the latest must-watch streaming drama, but it’s in fact a clash that’s been playing out for real over more than two decades. It’s centered on two Italian brothers, billionaire Manfredi Lefebvre d’Ovidio […]