T-Mobile is still suffering from data breaches, although its latest headache may be more reflective of the phone business at large. The carrier has confirmed to Bleeping Computer that a recent data breach stemmed from SIM swapping attacks. Intruders compromised a “very small number” of customers by reassigning SIM cards or viewing “limited” account info,… Continue reading T-Mobile pins latest data breach on SIM swapping
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‘Fortnite’ is back online (updated)
If you had planned to play Fortnite today, you may want to make other plans. At the moment, many players are finding it impossible to log in to their accounts and play games. At 1:13PM ET, Epic Games said it was investigating “an issue,” and promised to share more information once it had a solution… Continue reading ‘Fortnite’ is back online (updated)
South Korea’s SK Hynix completes first phase of $9b acquisition of Intel’s NAND …
South Korea’s SK Hynix Inc said it had completed the first phase of its acquisition of Intel Corp’s NAND flash memory chip business, after it received regulatory nods from eight countries including China. In exchange, SK Hynix will pay $7 billion out of the deal’s total $9 billion price tag, the world’s second-largest memory chip maker said in a… Continue reading South Korea’s SK Hynix completes first phase of $9b acquisition of Intel’s NAND …
How China’s new offshore listing rules will work — an explainer
Two Chinese regulators announced draft rules for Chinese firms’ offshore listings over the past week, providing some clarity on how they plan to scrutinize capital market activities amid a broader regulatory crackdown. What are the new rules for offshore listing? The China Securities and Regulatory Commission (CSRC) on Dec. 24 proposed tightening rules governing Chinese companies listing abroad, which… Continue reading How China’s new offshore listing rules will work — an explainer
China’s Didi may enter Hong Kong bourse through ‘listing by introduction’
China’s ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising capital or issuing new stock as it seeks to delist from New York, two people with knowledge of the matter said. The plans come as Didi is moving towards withdrawing from the New York Stock Exchange under… Continue reading China’s Didi may enter Hong Kong bourse through ‘listing by introduction’
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NIO is a one-of-a-kind company with a unique philosophy and goal. We aim to bring blue skies across the globe by providing technological solutions to some of the most difficult problems facing humanity. To achieve this goal, we’ve brought together some of the best and brightest people from across the globe. Now, we’d like to… Continue reading @Nio: 000331
A vehicle burned at Canoo’s headquarters after a battery test
A vehicle at EV startup Canoo burned on August 24th after lithium-ion batteries left inside the car started a fire. The local fire department was able to extinguish the blaze and no one was injured, according to an incident report obtained by The Verge. The fire happened in the parking lot outside Canoo’s Torrance, California… Continue reading A vehicle burned at Canoo’s headquarters after a battery test
Renren Announces Unaudited First Half 2021 Financial Results
PHOENIX, Dec. 29, 2021 /PRNewswire/ — Renren Inc. (NYSE: RENN) (“Renren” or the “Company”), which operates two US-based SaaS businesses, Chime Technologies Inc. (“Chime”) and Trucker Path Inc. (“Trucker Path”), today announced its unaudited financial results for the six months ended June 30, 2021. First Half of 2021 Highlights Except where specified otherwise, the following commentary… Continue reading Renren Announces Unaudited First Half 2021 Financial Results
Ford Bronco buyers are putting down cold cash, not trading in old vehicles
The biggest trade-in for a coveted 2021 Ford Bronco is actually not the Jeep Wrangler, as folks might expect in the war for off-road dominance. It’s a cash game these days for an SUV that made its comeback after an absence that lasted a quarter of a century — then launched during COVID-19. Go to Source
2022 Lucid Air electric luxury sedan may be best car in the world by middle of next year
NEWARK, Calif. — By the middle of 2022, the Lucid Air electric luxury sedan may be the best car in the world. After a day driving the new EV and another touring Lucid’s Silicon Valley HQ/tech center, I’m convinced the fast, elegant and advanced Air is, like the iPhone, one of those rare products that… Continue reading 2022 Lucid Air electric luxury sedan may be best car in the world by middle of next year