Flextronics and Huawei has announced that they have expanded their existing supply chain partnership to include services such as reverse logistics and configure-to-order (CTO) products in Hungary. Flextronics currently provides product manufacturing and services to Huawei in China, India, Brazil. The announcement marks the fifth major region where the companies partner globally.
Flextronics and Huawei Expand Strategic Supply Chain Partnership Into Hungary
Just in
IT
IBM to acquire HashiCorp for $6.4B
IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI
OpenAI introduces new enterprise features
OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web
Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC
Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry
Square expands offline payments globally
Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web
U.S. bans noncompete agreements for nearly all jobs — NPR
The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu.