Keywords: Competition
A European cloud industry association has called on regulators to take temporary action against Broadcom over recent changes to its VMware partner program. The group, Cloud Infrastructure Services Providers in Europe (CISPE), is urging the European Commission to intervene and prevent the termination......
AMD has named Samsung Electronics as its primary supplier of next generation HBM4 memory for its upcoming AI accelerators, deepening ties as competition intensifies in high performance semiconductor infrastructure. Chief executive Lisa Su traveled to South Korea for the first time since taking the role......
German automaker BMW is aiming to strengthen its position in China by launching its next-generation electric vehicle platform, known as “Neue Klasse,” as competition intensifies in the world’s largest car market. After a period marked by aggressive price reductions across the electric......
OpenAI chief executive Sam Altman faced widespread criticism after posting a message thanking software developers at a time when job cuts linked to artificial intelligence are accelerating across the technology sector. Altman wrote on X that he felt “enormous gratitude” toward people who......
Lululemon Athletica on Tuesday projected annual revenue and profit slightly below Wall Street expectations, reflecting ongoing challenges in a competitive market and internal governance issues. The announcement comes amid a period of leadership change and strategic uncertainty for the company. Lululemon......
Morocco will host a decisive stage of the international surfing calendar when the Pro Taghazout Bay QS 4,000 takes place from March 22 to 29 at Anchor Point. The event marks the final stop of the 2025-2026 World Surf League Qualifying Series for Europe and a crucial late-season contest for Africa, where......
Volkswagen plans to eliminate about 50,000 jobs in Germany by 2030 as the automaker accelerates restructuring efforts following a sharp decline in annual profits. The announcement came as the company reported earnings at their lowest level since the 2016 diesel emissions scandal. Chief executive Oliver......
Volkswagen reported a sharp decline in profits for 2025, with operating earnings falling by more than half as U.S. tariffs and intensifying competition in China weighed on the German automaker’s performance. The company said it expects only a modest recovery in 2026 as it adapts to what executives......
Volkswagen said it expects its operating margin to improve to between 4.0 percent and 5.5 percent in 2026 after a challenging 2025 marked by tariffs, rising competition from Chinese automakers, and the high cost of shifting toward electric vehicles. The German carmaker reported an operating margin of......
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