FCC will start kicking voice providers out of its robocall database

Telecoms slow to adopt anti-robocall measures could soon face stiff punishment in the US. The Federal Communications Commission (FCC) now plans to remove seven voice service providers from its Robocall Mitigation Database for failing to comply with required anti-spam efforts, such as implementing STIR/SHAKEN call authentication to prevent spoofing. The companies have 14 days to… Continue reading FCC will start kicking voice providers out of its robocall database

German Handelsblatt: VW CEO Oliver Blume in an interview: “Whoever prepares for the capital market focuses on the essentials”005359

Two happy Porsche board members Porsche boss Oliver Blume (right) and his CFO Lutz Meschke: The two car managers celebrate the successful IPO. (Photo: IMAGO/Hannelore Förster) Mr. Blume, we should clarify this first: Are you conducting this conversation as CEO of Volkswagen or Porsche? First of all, this is a conversation with the CEO of… Continue reading German Handelsblatt: VW CEO Oliver Blume in an interview: “Whoever prepares for the capital market focuses on the essentials”005359

German Handelsblatt: Porsche and Volkswagen: Virtual IPOs planned for all group brands – VW boss trims Wolfsburg to capital market course005358

Squat for a successful start on the stock market Oliver Blume in front of the Frankfurt Stock Exchange: The double CEO of Volkswagen and Porsche can be happy. The IPO was successful. (Photo: AP) The new Volkswagen boss Oliver Blume wants to focus the entire group more on the capital market. “The brands give us… Continue reading German Handelsblatt: Porsche and Volkswagen: Virtual IPOs planned for all group brands – VW boss trims Wolfsburg to capital market course005358

UK police catch 542,000 uninsured drivers since 2018

More than half a million cars have been seized across the UK in the past four years for being driven without insurance, sparking concern that the cost of living crisis could push this number further. Since 2018, 542,370 cars have been taken off Britain’s roads, with the largest number recorded (62,900) by the Metropolitan Police… Continue reading UK police catch 542,000 uninsured drivers since 2018

Why GM’s Cruise division is bullish despite losing $5m a day

Currently reading: Why GM’s Cruise division is bullish despite losing $5m a day Europe-bound General Motors’s autonomous driving arm lost $500m in Q2 2022, but bosses anticipate a turnaround Open gallery GM CEO Mary Barra said in July that Cruise could eventually raise $50 billion per year Cruise currently uses a fleet of adapted Chevrolet… Continue reading Why GM’s Cruise division is bullish despite losing $5m a day

Audi TT RS Iconic Edition is five-pot finale for sports coupe

The third-generation Audi TT is to exit with the highly exclusive RS Iconic Edition, landing next year during the final months of production.  It arrives at the same time as the Audi R8 RWD GT – a 612bhp swansong for the TT’s V10-engined sibling, which will also bow out in 2023. It is marked out from the… Continue reading Audi TT RS Iconic Edition is five-pot finale for sports coupe

New Audi R8 RWD GT is final outing for legendary V10 supercar

Plus, there’s a new seven-stage rear traction control system that can be adjusted for the desired compromise between accuracy and flamboyance. The so-called ‘Torque Rear Drive’ mode’ appears for the first time on the new GT, allowing for a “little slippage” in setting one and “a lot of slippage” in position seven. It also distributes… Continue reading New Audi R8 RWD GT is final outing for legendary V10 supercar

New 2024 Mini Aceman gears up to rival Kia Niro EV

Mini is primed to launch the Aceman – its first new model name in 10 years – as a small electric crossover to fill the gap between the flagship Mini hatchback and Mini Countryman SUV. Due on sale in 2024, the Mini Aceman is a clean-sheet design and the first in a series of EVs… Continue reading New 2024 Mini Aceman gears up to rival Kia Niro EV

S Korea’s Naver to acquire US fashion platform Poshmark for $1.6bThe deal will combine Poshmark’s platform with Naver’s tech including image recogniti…

South Korean tech firm Naver Corp said on Tuesday it agreed to a $1.6 billion deal to buy Poshmark Inc, a U.S. secondhand fashion platform, as a strategic investment to enter the U.S. e-commerce market. The $1.6 billion includes consideration for Poshmark’s cash holdings, and the enterprise value of Poshmark is about $1.2 billion, a Naver spokesperson said. The… Continue reading S Korea’s Naver to acquire US fashion platform Poshmark for $1.6bThe deal will combine Poshmark’s platform with Naver’s tech including image recogniti…