TNW News : Business

ChangXin Memory Technologies has agreed to supply Tencent with roughly $3bn of memory chips, two people familiar with the matter told Reuters, in a deal that would bind one of China’s largest cloud operators to its largest homegrown DRAM maker. Neither company has confirmed the agreement publicly, and the figure comes from sourcing rather than […]

TNW News : Business

North America has more than 280,000 independent auto repair shops. Most run on workflows a 1990s small business owner would recognise: phone-based scheduling, paper repair orders, manual parts ordering. The global auto repair software market is projected to grow from $3.4 billion in 2026 to $8.6 billion by 2033, a 14.2% CAGR, according to Persistence […]

TNW News : Business

Volkswagen reportedly wants to cut 100,000 jobs, about 15% of its workforce, and close German plants. It would be the biggest overhaul in the carmaker’s history, and the unions are vowing to fight. Europe’s car industry is shrinking, and its biggest name is leading the retreat. Volkswagen reportedly plans to cut around 100,000 jobs at […]

TNW News : Business

Germany’s financial regulator is reviewing a disclosure tied to the About You takeover. Zalando says it is formal and not material. The market disagreed, briefly. It took one regulatory headline to wipe a fifth off Zalando’s value. Shares in the German online fashion retailer fell as much as 20% in Tradegate premarket trading on Friday […]

Tech Insider : Business, Technology
Sarah Friar speaks during a conference in New York
OpenAI CFO Sarah Friar leads one of the most popular AI companies among chief information officers, said RBC.
TNW News : Business

Every satellite company eventually looks down at the much larger market on the ground, and SpaceX appears ready to make the move. The company has told investors it plans to launch a Starlink mobile service for US consumers, the Financial Times reported on 26 June, citing people familiar with the matter. If it happens, it […]

TNW News : Business

Most teams don’t go shopping for the best contract management software until something slips. A renewal auto-fires nobody approved. A signed agreement sits in someone’s inbox instead of a searchable record. An auditor asks for a contract trail and the scramble begins. The right platform turns that mess into one organized system, and in 2026 […]

TNW News : Business

The AI boom has been an abstract thing for most consumers, a story about data centres and model launches happening somewhere else. This week it arrived somewhere concrete: the price of a Mac. Apple is raising prices on Macs and iPads to offset the soaring cost of memory and storage chips, the bill for an […]

TNW News : Business

Less than three years ago, residents of Green Charter Township, a rural community of roughly 3,000 people in central Michigan, packed a hall to celebrate what they saw as a victory for local democracy. They had recalled every member of their town board and installed replacements who promptly killed a $2.36 billion electric vehicle battery plant proposed […]