Business

CEOs Invest Less in Corporate Social Responsibility When Their Own Money Is At Stake

CEOs Invest Less in Corporate Social Responsibility When Their Own Money Is At Stake

A study co-authored by Yale SOM’s Kelly Shue finds that when CEOs have a larger financial stake in their companies, or when they face stronger shareholder oversight, they cut back spending on corporate social responsibility efforts Should corporations invest in green production methods, offer employees generous health benefits, or allow employees time during the work…
Dassault Systèmes Reports Solid First Quarter Results and Reaffirms Full-Year Objectives

Dassault Systèmes Reports Solid First Quarter Results and Reaffirms Full-Year Objectives

Dassault Systèmes announced IFRS unaudited estimated financial results for the first quarter ended March 31, 2024. The Group's Board of Directors approved these estimated results on April 24, 2024. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix. Summary Highlights (unaudited, IFRS & non-IFRS unless…
Indra y Edge Group firman un acuerdo de colaboración para desarrollar y fabricar radares de próxima generación en Àrabes Unidos

Indra and EDGE Group sign an agreement to develop and manufacture next-generation radars in UAE

With this agreement, Indra will increase strategically and accelerate the technological and commercial development of its radars business with new opportunities in high growth international markets, a key objective of its new Strategic Plan EDGE Group today formalised a new Joint Venture (JV) agreement with Spain’s Indra Sistemas (Indra), a world-leading information technology and defence…
Huawei Releases Next-gen Smart City Solutions to Accelerate City Intelligence

Huawei Releases Next-gen Smart City Solutions to Accelerate City Intelligence

City Intelligent Twins represent a future-oriented, next-gen digital city technical architecture During MWC 2024, Huawei released its next-gen smart city solutions at a roundtable event themed "Building City Intelligent Twins to Accelerate City Intelligence". Government industry experts from Asia Pacific, Latin America, Africa, and China gathered to discuss hot smart city topics, aiming to facilitate government digitalization and accelerate city intelligence.…
AI innovation package launched by European Commission to support startups and SMEs

AI innovation package launched by European Commission to support startups and SMEs

The European Commission has launched an AI innovation package to support European startups and SMEs in the development of trustworthy AI that respects EU rules and values The AI innovation package will provide a broad range of measures to support AI startups and innovation. It is set to include a proposal to provide privileged access to supercomputers…
Creating good jobs is good business

Creating good jobs is good business

The Good Jobs Institute, founded by MIT Sloan’s Zeynep Ton, helps companies improve frontline jobs and company performance There’s a widely held belief that for places like retail stores, restaurants, and fulfillment centers to be successful, they need to squeeze everything they can out of frontline workers and offer as little in return as possible.…
AI and ESG are reshaping the design and demand of data centers, as Chinese Enterprises set their sights on global expansion

AI and ESG are reshaping the design and demand of data centers, as Chinese Enterprises set their sights on global expansion

Industry leaders at NTT’s recent Executive Session reaffirmed that Hong Kong continues to serve as a strategic springboard and key data center hub in the region At the recent China Cloud and Datacenter Convention held in Shenzhen, C-suite executives from Chinese and multinational enterprises, alongside tech leaders, convened at the Executive Roundtable, co-organized by the…
Frost & Sullivan Released the Emerging Asia-Pacific Hybrid Cloud Market Report, 2022

Frost & Sullivan Released the Emerging Asia-Pacific Hybrid Cloud Market Report, 2022

Hybrid cloud service combines the advantage of both public and private cloud, ensuring data security and resource flexibility at the same time Frost & Sullivan released Emerging Asia-Pacific Hybrid Cloud Market Report, 2022, on December 18th, 2023. Hybrid cloud is a computing environment that connects public, private and edge clouds via a virtual network. Hybrid…
TikTok pledges €12B European investment as Norway data centre nears completion

TikTok pledges €12B European investment as Norway data centre nears completion

The social media giant wants to dispel fears that Europeans are being spied on TikTok has promised to invest €12bn as part of an ongoing push to appease European regulators, who have raised suspicions that the app’s user data is being monitored by the Chinese government. In response to repeated allegations of this nature, the short-form video app…
Ahead of COP28, Schneider Electric calls for greater action on decarbonization and inclusion

Ahead of COP28, Schneider Electric calls for greater action on decarbonization and inclusion

CEO and Chairman will attend the climate conference to promote pathways to an accelerated and fair energy transition Schneider Electric, the leader in the digital transformation of energy management and automation, today called for greater collective action to decarbonize the global economy and ensure a fair and inclusive transition to net zero, and detailed the…