XLerate and AAA have a total of 39 auction sites across 19 states, as well as growing digital and mobile auction businesses and related financing. Logos: XLerate Group and America’s Auto Auction XLerate Group (XLerate), the parent company of America’s Auto Auction (AAA), has officially begun rebranding the 16 XLerate Group auctions to the AAA… Continue reading XLerate Group Rebrands Auctions Under New Banner
Category: News Type
Services activity at 11-year high despite high inflation
May data recorded a 23rd successive month of rising input prices at Indian service providers. The rate of inflation climbed to the highest in 16-and-a-half years of data collection, according to the report. Activity in India’s services sector rose to an 11-year high in May as new business picked up and demand recovered following the… Continue reading Services activity at 11-year high despite high inflation
Automakers, banks knock Indian shares off four-week highs
The Nifty Auto index led losses among sub-indexes with a 1.8% drop. BENGALURU – A bout of late selling in automakers and banks knocked India’s blue-chip stock indexes off four-week highs and into negative territory on Friday, although strength in information technology shares and Reliance Industries helped limit the decline. The NSE Nifty 50 index… Continue reading Automakers, banks knock Indian shares off four-week highs
Autocar Professional’s June 1 issue is out
The June 1 issue of Autocar Professional is a 56-page issue is a mix of deep insights, analysis and news developments. Stellantis’ game planWe get you a lowdown on why Carlos Tavares is betting big on India. The CEO of Stellantis makes it clear that the company is here to stay and has a clearly… Continue reading Autocar Professional’s June 1 issue is out
Tesla finally prepares to launch photos of referral program prize winners to space
Tesla is finally preparing to honor its referral program prize and launch photos of owners who won into space. Back in 2018, Tesla had a referral program to help sell vehicles where owners could share a referral code with new buyers who would receive Supercharging credits. In exchange, referrers would get prizes based on how… Continue reading Tesla finally prepares to launch photos of referral program prize winners to space
There May Be a Secret Reason Sheryl Sandberg Is Leaving Facebook
The plot thickens. Leaning Out Sheryl Sandberg, the outgoing COO of Facebook-now-known-as-Meta, made major waves this week when she announced her departure from the social media giant that she was instrumental in building. But while there seem to be some practical reasons for the decision — Facebook’s rebrand, personal and family life — The Wall… Continue reading There May Be a Secret Reason Sheryl Sandberg Is Leaving Facebook
Japan Tested a Giant Turbine That Generates Electricity Using Deep Ocean Currents
And the test went great. Deep Ocean In the wake of the devastating nuclear meltdown at Japan’s Fukushima nuclear plant in 2011, officials have been hunting for new sources of green energy — and they’re leaving no stone unturned. A heavy machinery maker in Japan called IHI Corp has successfully tested a prototype of a… Continue reading Japan Tested a Giant Turbine That Generates Electricity Using Deep Ocean Currents
Amazon’s consumer chief Dave Clark is departing the company
Dave Clark, who headed Amazon’s worldwide consumer operations, announced he is resigning after 23 years at the company. The former Kentucky warehouse manager was in charge of overseeing the company’s retail business as well as its warehouse and shipping operations, which expanded due to the pandemic. Clark tweeted the announcement today along with an email… Continue reading Amazon’s consumer chief Dave Clark is departing the company
5G voice calls arrive for some T-Mobile customers in Salt Lake City and Portland
Telecoms have been slow to hop on the 5G bandwagon — your smartphone normally relies on 4G or LTE for old-fashioned phone calls. But T-Mobile is venturing forward by launching its commercial Voice over 5G service today in limited areas of Portland and Salt Lake City. For now, only customers with Samsung Galaxy S21 5G… Continue reading 5G voice calls arrive for some T-Mobile customers in Salt Lake City and Portland
Hyundai says it’s the first to pilot a large autonomous ship across the ocean
Autonomous ships just took a small but important step forward. Hyundai’s Avikus subsidiary says it has completed the world’s first autonomous navigation of a large ship across the ocean. The Prism Courage (pictured) left Freeport in the Gulf of Mexico on May 1st, and used Avikus’ AI-powered HiNAS 2.0 system to steer the vessel for… Continue reading Hyundai says it’s the first to pilot a large autonomous ship across the ocean