AMD’s upcoming Ryzen 7000 chips will mark another major milestone for the company: they’ll be the first desktop processors running 5 nanometer cores. During her Computex keynote presentation today, AMD CEO Lisa Su confirmed that Ryzen 7000 chips will launch this fall. Under the hood, they’ll feature dual 5nm Zen 4 cores, as well as… Continue reading AMD’s Ryzen 7000 desktop chips are coming this fall with 5nm Zen 4 cores
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Metaverse app BUD raises $37m in second funding round in just 3 months …
BUD, a virtual platform that allows users to create and share 3D interactive content with friends, has raised $36.8 million in its second funding round in three months, led by Sequoia Capital India. It had raised a $15-million Series A round in February, and with the latest new infusion, BUD’s total financing has reached over… Continue reading Metaverse app BUD raises $37m in second funding round in just 3 months …
Philippine tech retailer Upson International files for up to $103m IPO
Upson International Corp (UIC), the largest retailer of personal computers and information technology products in the Philippines, said on Monday it has filed for an IPO of up to 5.4 billion pesos ($103.81 million). UIC plans to offer up to 986.8 million shares, including an over-allotment option of up to 98.7 million shares, at a maximum price of 5.50 pesos ($0.11) each. In Philippine filings, prices of initial public offerings (IPOs) are typically set above… Continue reading Philippine tech retailer Upson International files for up to $103m IPO
Vantage Point: GoTo’s capital raising plan may take pressure off near-term US listing
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Japan’s Mitsui, Nomura to acquire Australian forestry asset manager New Forests
Japan’s diversified conglomerate Mitsui & Co and financial services group Nomura Holdings have agreed to acquire Australia-headquartered nature-based real asset manager New Forests. Mitsui, which has been a shareholder in New Forests since 2016 with a 23% stake, will increase its holding to 49%, and Nomura will become a 41% shareholder while the remaining 10%… Continue reading Japan’s Mitsui, Nomura to acquire Australian forestry asset manager New Forests
German Handelsblatt: Car manufacturer: BMW production manager: If the gas supply is reduced, the car industry is threatened with standstill004355
bmw The automotive industry needs natural gas for the drying ovens in the paint shop, among other things. (Photo: dpa) According to production director Milan Nedeljkovic, BMW is at risk of standstill if the gas supply is reduced. “Around 37 percent of German natural gas consumption is attributable to our branch of industry,” Nedeljkovic told… Continue reading German Handelsblatt: Car manufacturer: BMW production manager: If the gas supply is reduced, the car industry is threatened with standstill004355
Auto OEMs to invest USD 515 bn on EV-related technology, plant upgrades: Report
According to global technology intelligence firm ABI Research, auto OEMs will invest an estimated USD 515 billion in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years. New Delhi: Growth in the electric vehicle (EV) market worldwide has been particularly impressive over the last three years. Sales of electric cars hit… Continue reading Auto OEMs to invest USD 515 bn on EV-related technology, plant upgrades: Report
India-Australia Free Trade Agreement: Why the FTA is different, unprecedented
The India-Australia Economic Cooperation and Trade Agreement (IAECTA) was signed in April year was hailed as a watershed moment by the leaders on both sides. It is estimated to double trade between the two nations and generate one million jobs. In 2020, the total goods and services trade between India and Australia was about $18… Continue reading India-Australia Free Trade Agreement: Why the FTA is different, unprecedented
Demand side needs to be addressed in phase-II of hydrogen policy: Hetal Gandhi, CRISIL Research
Hetal Gandhi New Delhi: In an exclusive interaction with ETEnergyWorld, Hetal Gandhi, director, CRISIL Research, talks to us about the intricacies of the green hydrogen market, latest technologies at work, her expectations from the yet to be released second phase of the hydrogen policy, and much more. Edited excerpts: Do you think India has announced… Continue reading Demand side needs to be addressed in phase-II of hydrogen policy: Hetal Gandhi, CRISIL Research
Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states from Kurnool plant
Greenko Group will supply green power to ArcelorMittal, Ayana Renewable Power and three states from its 5,230 MW renewable energy plant being set up here, a top company official said. The plant which is being set up at a cost of USD 3 billion is the world’s largest renewable energy storage project. Global steel giant… Continue reading Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states from Kurnool plant