Communication

Sberbank and Rostelecom have signed an agreement on a parity basis on increasing the capital of the Telecom 5 commercial real estate sub-fund joint venture (JV) to 8.8 billion roubles.

The two companies aim to cultivate an open mobile and AI ecosystem built on shared success, while spurring the development of new AI applications and providing global consumers with AI that “knows you better.”

Pursuant to the definitive agreement, Sberbank will subscribe for new shares in Yandex.Market for 30 billion rubles (approximately $500 million), valuing it at 60 billion rubles (approximately $1 billion) on a post-money basis, before taking into account any potential future synergies.

Apple today announced that it is working with the city of Chicago to bring coding opportunities to Chicago’s nearly 500,000 students through a citywide expansion of Apple’s Everyone Can Code program.

NEC Corporation (NEC; TSE: 6701) and Nidec Corporation announced today the successful joint development of a technology that enables highly precise, real-time remote control of Intelligent Motors, motors incorporating microcomputers through a wireless network.

FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, celebrated its annual FedEx Cares Fall Campaign in Australia and New Zealand

Nissan Motor Co., Ltd. and DeNA Co., Ltd. today unveiled the Easy Ride brand for the new robo-vehicle mobility service that the two companies are developing jointly. The companies also announced plans for a field test with public participation.

Nokia's software-defined network (SDN) venture, Nuage Networks, has been chosen by Fujitsu to expand its Cloud Service Fujitsu Enterprise Cloud Service K5

DISH Reaches Carriage Agreement with CBS Corporation

Upgraded national backbone network carries 400Gbit/s across Germany.

FedEx expects to handle between 380-400 million packages over the season, which officially starts on November 24 and runs to December 24.

WISEKEY selected by LEGIC Identsystems Ltd to become its security partner for mobile services