Samsung Invests 267 Billion Won, Takes Top Spot in Rainbow Robotics and Forms Future Robotics Office

December 31, 2024 – In a regulatory filing on Tuesday, Rainbow Robotics, a Korean robotics company, revealed that Samsung Electronics has emerged as its largest shareholder. According to the document, Samsung acquired a significant stake in Rainbow Robotics, investing 267 billion Korean won. Prior to this transaction, Samsung Electronics held a 14.71% share, equivalent to…

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EU Gives Green Light to NVIDIA’s $700M Purchase of AI Venture Run:ai

December 31, 2024 – Chip giant NVIDIA has recently finalized the acquisition of Israeli AI startup Run:ai, following antitrust scrutiny of the deal. The European Commission granted unconditional approval for NVIDIA’s $700 million acquisition plan earlier this month. In October, the EU had flagged the transaction for antitrust review, with regulatory bodies cautioning that it…

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Napoleonic Wars to WWII: Mercedes Logo Supplier’s Journey Ends in Bankruptcy

December 30, 2024 – Gerhardi Kunststofftechnik GmbH, a German plastics technology company that survived Napoleon’s invasion, the Great Depression, and two World Wars, has succumbed to the current downturn in the European automotive industry. Established in 1796, Gerhardi Kunststofftechnik initially began manufacturing metal products. Its mastery of injection molding and hot stamping led it to…

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Cybersecurity Threat: 98% of Leading EU Firms Reported Hacker Intrusions and Data Leaks in the Past Year

December 30, 2024 – According to a recent report published by SecurityScorecard, third-party data breaches have emerged as one of the greatest cybersecurity threats facing businesses in the European Union. The security company’s latest research, which analyzed the top 100 companies in Europe, revealed that 98% of these organizations have suffered hacker attacks and experienced…

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Japan’s Semiconductor Leaders Unite for Talent Development and Acquisition

December 30, 2024 – According to a report by Kyodo News, six domestic semiconductor companies in Japan, including Sony Group’s semiconductor subsidiary and Kioxia, have begun collaborating to cultivate and acquire talent. As part of this initiative, engineers from these companies are introducing their work content and career planning to university students. The aim of…

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Toyota Unveils RAV4 ‘Darkside’ Concept, Blending Sci-Fi with Reality for Future Mobility

December 27, 2024 – Toyota Motor Corporation has recently announced plans to unveil a special performance edition called the “Darkside” during next year’s Tokyo Motor Show. While the automaker has remained tight-lipped about specific details of the model, they did reveal that the “Darkside” performance edition is a futuristic concept car, showcasing a new look…

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