Volkswagen aims to boost in-house software development to 60% by 2025

Technology News. Comments Off on Volkswagen aims to boost in-house software development to 60% by 2025

18th June

Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called “Car.Software” by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.


Alibaba puts CFO in charge of investment in major management reshuffle

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17th June

China’s Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus in the face of slowing growth.


Uber to retain Careem brand for now: Careem CFO

Technology News. Comments Off on Uber to retain Careem brand for now: Careem CFO

17th June

Uber and Middle East ride-hailing business Careem will remain separate entities until at least the first quarter of 2020, when Uber’s acquisition is expected to close, Careem’s CFO said on Tuesday.