TOKYO Japanese automotive supplier Denso will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as

LEHI, Utah--(BUSINESS WIRE)--Jun 14, 2023--

The United Arab Emirates set stricter target for reducing carbon emissions as it prepares to host a major

Sonos has released the Move 2, an updated version of its chunky speaker for the outdoors. The Move was released in September 2019, as Sonos’s first battery-operated and semi-portable speaker. It was joined later by the Sonos Roam, which comes in a much smaller and lighter form factor that is intended to be more easily carried around, and the Move has focused on uses such as carrying a speaker into the garden or moving it from room to room. Now Sonos has revealed an updated version of that Move, focusing largely on sound quality and its battery. It will cost $449, or the same in pounds – slightly more than the previous Move, which sold for $399 – and will be available on 20 September. The improvements to the sound bring what Sonos says is a “completely overhauled” design of the speakers. That allows for stereo sound and other improvements to the audio quality. The improvements to the battery double the playtime from the version of the Move, increasing it to up to 24 hours. It also includes a USB-C port that can send power out the other way: charging up a phone or other electronics, for instance. Audio can also go into the speaker through that input. After being largely resisted to adding line-in connections to its speakers, Sonos has recently brought USB-C inputs to its latest releases, though still requires customers to buy a line-in adapter separately. And it comes in a new olive colour, alongside the black and white of the original Sonos. That is matched with a new design on the user interface, first unveiled with Sonos’s recent Era speakers, which include a slider for volume control. Otherwise, the Move looks almost identical to its predecessor. It has the same level of water resistance and features WiFi and Bluetooth, though it has the option to bring two Moves together for stereo sound when they are connected to WiFi. Read More Starship ‘ready to launch’, Elon Musk says Elon Musk vows to sue ADL for calling him antisemitic over X campaign Apple is dropping leather from iPhone cases and Watch bands, report claims

TOKYO--(BUSINESS WIRE)--Jul 20, 2023--

X users who are not prepared to pay may soon be blocked from accessing popular social media app

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Daniel Zhang, the former CEO of Alibaba, has stepped down from his position in the tech giant’s cloud division, in a move that has shocked industry leaders. The 51-one-year-old had taken charge of the cloud division just months ago. Since the announcement by Alibaba, the component stock dropped 3 per cent on Monday in Hong Kong. “The board of our company expresses its deepest appreciation to Mr Zhang for his contributions to Alibaba Group over the past 16 years,” Alibaba said in a statement. Eddie Yongming Wu will succeed Mr Zhang as the acting chairman and CEO of its cloud unit, according to the statement. Nearly three months ago, Mr Zhang quit as company chief and said that he wanted to take care of the spin-off of its cloud business. Now, as Alibaba announced his exit from the cloud division amid the biggest-ever restructuring of the company, Mr Zhang’s exit has come as a surprise to analysts. “We were surprised by the announcement,” Citi analysts wrote on Monday. “Mr Zhang may have wanted to step back from the public spotlight, in our view,” they added, according to CNN. The cloud division is currently estimated to be worth $41bn - $60bn. However, analysts said the reams of data it oversees puts it at risk of facing regulatory scrutiny from both domestic and international regulators. Alibaba split into six business groups – including cloud, e-commerce, logistics, media and entertainment – in March in a major restructuring. “Daniel has expressed his wish to transition away from his role as chairman and CEO of Cloud Intelligence Group,” Alibaba said in the letter. “Following careful consideration, the Alibaba board respected and accepted Daniel’s decision and appointed Eddie as acting chairman and CEO of Cloud Intelligence Group, effectively immediately.” Citi analyst Alicia Yap was quoted as saying by CNBC on Monday that “investors may be concerned that the timing and process of AliCloud’s spin-off may be affected”. She added that Citi will continue to monitor developments and that they are awaiting any new announcements. CNN reported that in an internal letter to employees, Joseph C Tsai, chairman of Alibaba Group, said that he and Mr Wu are looking forward to embracing “the next phase” of Alibaba’s development. “This past March, we embarked on our most ambitious reorganisation in Alibaba’s 24-year history – “1+6+N” – in order to position the company for the future,” he wrote on Sunday, referring to the company’s organisational structure after the restructuring – 1 holding company, six business groups and various businesses. “Under Daniel’s and our team’s dedicated efforts, the reorganisation is making steady progress while our business continues to grow.” Read More Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program Chinese livestreamers set their sights on TikTok sales to shoppers in the US and Europe How Google reshaped the world – and is about to do it all over again Update your iPhone immediately The new iPhone could be the most expensive ever by far

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Apple has been told it must recall every iPhone 12 sold in the country if it cannot fix the problem.

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The biggest oil producer in the United Arab Emirates awarded contracts worth almost $17 billion to develop an