FCC rejects Starlink request for nearly $900 million in broadband subsidies

Starlink can’t count on a flood of government subsidies to help expand its satellite internet service. The FCC has rejected the SpaceX unit’s bid to receive $885.5 million in aid through the Rural Digital Opportunity Fund. The broadband provider “failed to demonstrate” that it could deliver the claimed service, according to a statement. FCC chair… Continue reading FCC rejects Starlink request for nearly $900 million in broadband subsidies

Facebook still has trouble removing white supremacists, study says

Facebook’s crackdown on hate speech apparently has room for improvement. As The Washington Post explains, the non-profit watchdog Tech Transparency Project (TTP) has published a study indicating that white supremacist groups still have a significant presence on the social network. Over 80 of these racist organizations have a presence on Facebook, some of which the… Continue reading Facebook still has trouble removing white supremacists, study says

BIL and NBF at Arendalsuka: Is it possible to reach the 2025 targets?

Are the benefits turned off too soon or is the timing good? ask BIL and NBF in the event in the Samferdsseltet at Arendalsuka on Wednesday 17 August at 12. In 2025, only zero-emission passenger cars and light vans will be sold in Norway. We are not on target, especially on light vans, we are… Continue reading BIL and NBF at Arendalsuka: Is it possible to reach the 2025 targets?

Circular fashion startup Reflaunt raises $5.2m in fresh fundingThe latest funding brings Reflaunt’s valuation to $33 million.

London and Singapore-based circular fashion startup Reflaunt has raised $5.2 million in fresh funding as part of a Series A round, according to regulatory filings seen by DealStreetAsia – DATA VANTAGE. The largest contributors to its Series A round were Zurich-headquartered growth investor Bombyx Capital Partners ($3 million) and Shanghai-based Ventech China ($2 million), both… Continue reading Circular fashion startup Reflaunt raises $5.2m in fresh fundingThe latest funding brings Reflaunt’s valuation to $33 million.

China’s largest duty-free retailer readies big-ticket Hong Kong IPOThe company shelved its first Hong Kong listing plan in December, citing poor marke…

China’s largest duty-free retailer has got the go-ahead to list on Hong Kong’s stock exchange, clearing the way for its second attempt at an IPO that could be worth billions. China Tourism Group Duty Free Corp. Ltd. (CTGDF) filed updated IPO paperwork with the Hong Kong Stock Exchange on Tuesday, after getting approval from the… Continue reading China’s largest duty-free retailer readies big-ticket Hong Kong IPOThe company shelved its first Hong Kong listing plan in December, citing poor marke…

MAKE YOUR MARK: GENESIS ANNOUNCES FASHION PARTNERSHIPS IN NEW YORK CITY

Genesis announces new “Make Your Mark” campaign, inspired by G90 2023 G90 U.S. customer deliveries begin today, with the first customer taking delivery at exclusive Genesis House event Genesis announces partnerships with Vogue to bring New York Fashion Week content to consumers online Genesis announces upcoming collaborations with New York City-based fashion label MONSE NEW… Continue reading MAKE YOUR MARK: GENESIS ANNOUNCES FASHION PARTNERSHIPS IN NEW YORK CITY

ALLEGIANT TRAVEL COMPANY PRICES UPSIZED $550 MILLION OFFERING OF SENIOR SECURED NOTES

LAS VEGAS, Aug. 10, 2022 /PRNewswire/ — Allegiant Travel Company (NASDAQ: ALGT) (the “Company,” “we,” “us,” or “our”) has agreed to sell $550.0 million in aggregate principal amount of its 7.250% Senior Secured Notes due 2027 (the “Notes”) at an offering price of 99.486% of their principal amount to investors in a private offering. The… Continue reading ALLEGIANT TRAVEL COMPANY PRICES UPSIZED $550 MILLION OFFERING OF SENIOR SECURED NOTES