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TECH 29 Oct 2018 | 3:41 AM

IBM chases Amazon into cloud with US$33bil Red Hat purchase

IBM’s purchase of Red Hat Inc is a US$33bil (RM137.90bil) bid aimed at catapulting the company into the ranks of the top cloud software competitors.

TECH 25 Jul 2018 | 4:40 AM

Ford follows GM’s Cruise move with self-driving spinoff

Ford Motor Co said it was creating a separate US$4bil unit to house its self-driving vehicle operations and is seeking outside investors, following a similar move in late May by Detroit rival General Motors Co with its Cruise Automation unit.

TECH 03 Jul 2018 | 12:00 PM

Innovative next-gen lithium-ion technology will triumph in the future battery market

New innovations, such as solid-state electrolyte lithium-ion (Li-ion) batteries, will replace existing battery technologies over the long-term.

TECH 14 Dec 2017 | 6:00 AM

Tencent fends off Spotify, Apple in China’s battle for the bands

One of China’s most-anticipated initial public offerings next year may be music to the ears of Tencent Holdings Ltd investors because of its potential to drown out any noise Spotify and Apple Music want to make in the biggest market.

TECH 29 Sep 2015 | 11:26 AM

Yahoo to spin off Alibaba stake despite no US tax ruling

Yahoo Inc said it would proceed with the planned spin-off of its stake in Alibaba Group Holding Ltd even though the IRS has declined to rule on whether the transaction would be tax free.

Technology 09 Sep 2015 | 3:32 PM

Yahoo! may have to pay taxes on Alibaba spinoff

Yahoo! Inc may have to pay taxes on the US$23bil (RM99.17bil) it hopes to get from the planned spinoff of its stake in Alibaba Group Holdings Ltd, threatening a key element of CEO Marissa Mayer's turnaround strategy.

TECH 04 Sep 2015 | 1:00 PM

Qualcomm president says splitting company may not create value

Qualcomm Inc's president Derek Aberle, under pressure from activist hedge fund Jana Partners to improve the licensing and chip design firm's stock performance, sounded a cautionary note about a potential breakup of the company.