A cyberattack on a third-party vendor has impacted employment services, including unemployment benefits, in several states, according to the Associated Press. Some state employment websites have been offline since Sunday, including the ones in Tennessee and Nebraska. “We recently identified anomalous activity on our network, and immediately took [Tennessee’s] Jobs4TN system offline to halt the… Continue reading Cyberattack impacts unemployment benefits in several states
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How Max Chilton and the McMurtry Speirling conquered Goodwood
Is the Spéirling a big step forward compared with a Formula 1 car? “It’s so different. The acceleration from 0-60mph is nearly twice as quick as what I did in my fastest launch in an F1 car. That’s how rapid it is. Plus, it’s 100% torque and there are no gearchanges, so it’s completely linear… Continue reading How Max Chilton and the McMurtry Speirling conquered Goodwood
Electrification a “real threat” to affordable vehicles, says Citroen
Electrification is threatening the existence of affordable vehicles, the boss of Citroën Europe has said, as the rising price of raw materials impacts car production around the world. Speaking at the launch of the Citroën ë-C4 X, Arnaud Ribault suggested that the French manufacturer is aiming to reduce costs of its electric cars. “The work we’re all doing… Continue reading Electrification a “real threat” to affordable vehicles, says Citroen
Matt Prior: Where have all the practical fast cars gone?
At the launch of the Alpina B4 Gran Coupé, Alpina’s engineers and marketers pulled up a few charts showing pricing comparisons with rival vehicles. (Even if they’re selling a niche expensive product, it’s still a competitive marketplace.) They’re talking Audi RS models and Mercedes-AMG cars, and mostly quietly overlooking the M variants of BMW. But… Continue reading Matt Prior: Where have all the practical fast cars gone?
Nissan Ariya
Its on-paper performance stacks up well against competitiors, too. Our test car was specified in range-topping Evolve trim but with the entry-level front-wheel-drive powertrain and smaller 63kWh battery, and so offered 215bhp and 221lb ft, compared with the range-topping e4orce car’s 388bhp and 443lb ft, and an official range of 250 miles rather than the… Continue reading Nissan Ariya
China’s Tencent, Ant Group ink pact to stop secondary trading of NFTsChina does not have clear rules around NFTs.
Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and “self-regulate” their activities in the market, Chinese state media reported on Thursday. The companies were among 30 firms and institutes that have agreed to the “Digital Collectible Industry Self-Discipline Development Initiative” in which they will help… Continue reading China’s Tencent, Ant Group ink pact to stop secondary trading of NFTsChina does not have clear rules around NFTs.
US-based LaSalle raises $1.29b so far for latest Asia buyout fund
US-based real estate investment manager LaSalle Investment Management has made another close for its latest Asia-focused, closed-end private equity real estate fund at $1.29 billion, according to its latest filing. The US Securities and Exchange Commission (SEC) filing did not specify the target for the fund, LaSalle Asia Opportunity VI, but one of its limited… Continue reading US-based LaSalle raises $1.29b so far for latest Asia buyout fund
Go-Ventures said to be closing $200m second fund in Q3
Gojek’s corporate venture arm Go-Ventures is on track to close its $200-million second fund by the third quarter this year, according to sources close to the matter. Gojek will contribute 20% of the corpus as an anchor limited partner (LP), with the remaining to be raised from external investors. Go-Ventures followed a similar arrangement for… Continue reading Go-Ventures said to be closing $200m second fund in Q3
Bukalapak sees hope as Indonesians may seek smaller products to beat inflation
Teddy Oetomo, president of the major e-commerce company Bukalapak, sees a silver lining in rising prices as consumers may seek out products in smaller volumes sold by Indonesia’s ubiquitous small and midsize family-owned warung retail shops. “We see the possibility that if there is inflation, there will be downtrading from consumers,” Oetomo said on Wednesday, citing the example of changes… Continue reading Bukalapak sees hope as Indonesians may seek smaller products to beat inflation
Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting
Miniso Group Holding Ltd., a New York-listed Chinese take on Japanese retailer Muji, will go ahead with a second listing in Hong Kong next month, as more Chinese companies seek IPOs in the Asian tech hub to hedge against getting booted from US exchanges. Miniso aims to sell 41.1 million ordinary shares for as much… Continue reading Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting