Category: News Site

Biotech Roundup: Drug Pricing Promises, Bone Disease Data, IPO Plans & More

January 10th, 2020 Xconomy National —  A letter signed by 215 people involved in the biopharma industry, including CEOs and investors, published Wednesday promised to put the “interests of patients first.” Six CEOs, including five who run public companies, co-authored the letter. Signatories agreed to what they dubbed a New Commitment to Patients, a list… Continue reading Biotech Roundup: Drug Pricing Promises, Bone Disease Data, IPO Plans & More

Tesla is challenging hackers to crack its car, and it is putting ~$1 million on the line

Tesla has been investing more in its cybersecurity over the last few years, and now it is returning to Pwn2Own to challenge hackers to crack its cars with ~$1 million on the line and a few Model 3 vehicles. Last year, Tesla went to Vancouver for Pwn2Own, which is a hacking competition run by Trend… Continue reading Tesla is challenging hackers to crack its car, and it is putting ~$1 million on the line

FCA approves Opteven acquisition of WMS Group

The FCA has given its approval to Opteven’s acquisition of The WMS Group. The deal was officially signed on 8 January. Opteven already has an operational presence in UK, managing the approved used warranty programme on behalf of Volkswagen Financial Services UK.  The group has ambitions to continue to grow their presence throughout Europe. WMS… Continue reading FCA approves Opteven acquisition of WMS Group

GM to revive Hummer name with electric pickups, SUVs: sources

FILE PHOTO: Workers leave the General Motors CAMI car assembly plant where the GMC Terrain and Chevrolet Equinox are built, in Ingersoll, Ontario, Canada, January 27, 2017. REUTERS/Geoff Robins WASHINGTON (Reuters) – General Motors Co (GM.N) will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and… Continue reading GM to revive Hummer name with electric pickups, SUVs: sources

TCS gets Supreme Court’s stay on NCLAT order reinstating Mistry as director

The Supreme Court has also stayed in toto the NCLAT order restoring Mistry as executive chairman of the Tata Group NEW DELHI: India’s largest IT services firm Tata Consultancy Services (TCS) on Friday said the Supreme Court has stayed the NCLAT order that directed the reinstatement of Cyrus Mistry as a director of the company.… Continue reading TCS gets Supreme Court’s stay on NCLAT order reinstating Mistry as director

BMW X1 xDrive25e Plug-In Hybrid Priced In The UK

INTRODUCING THE NEW BMW X1 XDRIVE25e – FOLLOWED BY THE BMW X2 XDRIVE25e • Featuring plug-in hybrid Technology with an electric-only range of up to 35 miles*• Latest-generation lithium-ion battery• BMW X1 xDrive25e priced from £38,200. Available to order from 09th January, with customer deliveries from March 2020• BMW X2 xDrive25e** available from summer 2020 The… Continue reading BMW X1 xDrive25e Plug-In Hybrid Priced In The UK

UPDATE 1-Uber to take exit ramp in Colombia after “arbitrary” court ruling

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez BOGOTA (Reuters) – Uber Technologies Inc (UBER.N) will stop operating in Colombia at the end of this month, following a court order late last year which the ride-hailing company on Friday called “arbitrary”… Continue reading UPDATE 1-Uber to take exit ramp in Colombia after “arbitrary” court ruling

Price war wipes out half of China’s EV battery makers

BEIJING — China’s electric-vehicle battery industry slowed in 2019 as the country’s automakers remain mired in the doldrums. The industry has been realigning since the beginning of last year, with smaller players gradually being edged out. This comes against a backdrop of heavy borrowing throughout the auto industry supply chain as EV sales stall and… Continue reading Price war wipes out half of China’s EV battery makers