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The Latest Breaking News from Siemens

Siemens Energy shares plunge as it seeks government bailout

Engineering group in talks with German ministers to secure 80% of an initial €10bn funding tranche

The Guardian - UK

New Piccadilly and Bakerloo line trains 'could be delayed if TfL loses funding battle'

TfL chief warns major upgrades at risk without Government support

Evening Standard

TSMC: Importance of Open Innovation Platform Is Growing, Collaboration Needed for Next-Gen Chips

This year TSMC is commemorating 15 years of its Open Innovation Platform, a multi-faceted program that brings together the foundry's suppliers, partners, and customers to help TSMC's customers better build innovative chips in an efficient and timely manner. The OIP program has grown over the years and now involves tens…

AnandTech

From analysis to the latest developments in health,
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Students fooled in the name of skill development during TDP tenure, says A.P. Finance Minister Buggana Rajendranath

Andhra Pradesh Finance Minister Buggana Rajendranath Reddy on September 22 (Friday) said that students were fooled in the name of skill training during the tenure of the Telugu Desam Party (TDP) in the State.

The Hindu

Spilling the beans: how to precision-engineer your perfect cup of coffee

Think that only a barista can conjure up a velvety flat white or a punchy espresso? Think again. With the new generation of coffee machines, you can make your own latte macchiato at the touch of a button – just the way you like it

The Guardian - UK

Siemens had no role in Skill Development scam: Andhra Pradesh CID

CID: Siemens had no role in Skill Development scam; CBN overrode officials’ recs; ED found ₹241 cr swindled; Srinivas fled abroad. #CID #Siemens #SkillDevelopment #CBN #ED #Srinivas

The Hindu

TDP warns YSRCP leaders against making derogatory remarks against Naidu’s family

TDP women's wing president Anitha warns YSRCP leaders against derogatory remarks against Naidu's family. Roja, who failed Inter, has no right to speak about Brahmani, a Stanford grad. Anitha alleges Jagan Mohan Reddy has been amassing wealth since 2004 & exploiting resources. Over 2 lakh youths benefited from skill development…

The Hindu

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‘Skill development scam’ in Andhra Pradesh is a matter of conjecture, says former MD of Siemens Suman Bose

The FIR in the alleged skill development scam was registered without doing any verification at the Centres of Excellence / Technical Skill Development Institutes that had been set up at 40 locations in Andhra Pradesh as a part of the BOT agreement signed by the A.P. State Skill Development Corporation,…

The Hindu

Chandrababu Naidu arrest: CID misleading courts, alleges Payyavula Keshav

CID Additional Director General Sanay and Additional Advocate General Sudhakar Reddy are spreading untruths against former Chief Minister Chandrababu Naidu in the skill development scam case, says TDP leader and PAC Chairman Payyavula Keshav

The Hindu

TDP government ignored officials’ objection to release funds to APSSDC, say officials

Sudhakar Reddy said the “formation of APSSDC without the Cabinet’s nod” was itself a major violation, and that the officials’ advice to roll out the larger project only after implementing it on a pilot basis in some clusters was also brushed aside.

The Hindu

Andhra Pradesh High Court stays CID proceedings against Chandrababu Naidu till September 18

The A.P. High Court directive comes in response to a petition filed by former Chief Minister Chandrababu Naidu seeking the quashing of the FIR registered against him in the alleged skill development scam, and also the remand order issued by the Vijayawada ACB Court. The High Court also posts Mr.…

The Hindu

Naidu formed Andhra Pradesh State Skill Development Corporation without approval of State Cabinet, alleges AP-CID

Even as the arrest of TDP national president N. Chandrababu Naidu in the alleged skill development corporation scam has triggered a debate over the law taking its course versus political vendetta, the prime task before the Economics Offence Wing (EOW) of the Andhra Pradesh Crime Investigation Department (AP-CID) is to…

The Hindu

Public Accounts Committee chairman rebuts CID’s allegations in Chandrababu Naidu’s remand report

PAC chairman Keshav says HC found no misuse of funds in Skill Development Project; Siemens Software purchased for ₹330 cr with 95-97% discount; 42 training centres set up; CID's remand report has inconsistencies; State govt owes explanation. #PAC #SkillDevelopment #Siemens #CID #AndhraPradesh

The Hindu

Minister Peddireddi defends Chandrababu Naidu’s arrest

Minister Reddy defends arrest of Naidu in Skill Development scam; says he wrong to oppose arrest despite claiming political experience. 90% of ₹3,356 crore project went to Siemens, 10% to state govt. Naidu resorted to scamming by spending ₹3,000 crore without reason. Central govt agencies conducted investigations & made arrests.…

The Hindu

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The Hindu

MoUs signed with Tamil Nadu’s Centres of Excellence in advanced manufacturing

The Guardian - UK

Less of a grind: the smart-tech way to make barista-style coffee at home

Espresso or flat white? The latest bean-to-cup machines can be operated from your phone, combining cutting-edge tech with artisanal flair. Find out about the coffee revolution happening in our kitchens

The Guardian - UK

Can Britain recreate a microchip industry worth its salt?

UK governments let processor manufacturing drift overseas for years. Now Covid and war have shown how vital homegrown capability is, the country is scrambling to catch up. But so is everyone else

Siemens new bean to cup coffee machine can make your brew from your phone

Add Wi-Fi to your morning cuppa with the new Siemens EQ900 range

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Evening Standard

London Underground’s new Piccadilly Line train undergoes testing in Germany

The line’s existing trains have been in use since 1975, and are expected to be replaced with the new models in 2025

Windows Central

Intel Arc Pro A60 and A60M bring double the PCIe lanes, memory, and ray tracing units to workstation PCs

Intel recently announced its Arc Pro A60 and A60M graphics cards. The GPUs offer several key specs that are twice as high as their predecessors.

Birmingham Post

Former Siemens site in Poole acquired by workspace developer for £7.75m

Property firm Kingsbridge Estates is looking to redevelop land formerly owned by the tech giant in Dorset

Fortune

The U.S. and the EU have converged on 'de-risking' from China

The U.S. and the EU have converged on 'de-risking' from China—but business leaders warn of the damage American companies could face if the trade in chips stops.

Fortune

European tech leaders speak out against new EU Data Act

Siemens and SAP CEOs say the proposed law, which is meant to boost data-sharing, would threaten trade secrets.

Al Jazeera

Czechs look to dump Russian nuclear fuel

Pressure is rising to include the Russian nuclear sector in the European Commission’s 11th sanction package plans.

TechRadar

Misconfigured registries are putting hundreds of top businesses at risk

Some Fortune 500 companies, including IBM and Siemens, were at risk of leaking sensitive information.

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