Category: Automotive

Lenovo announces its first 16-inch Legion gaming laptop

The new flagship device will be available next month for at least $4,399. Lenovo has introduced its new flagship gaming laptop at IFA 2023, and it’s the first 16-inch model under the company’s Legion brand. Called the Lenovo Legion 9i, it’s powered by the 13th-gen Intel Core i9 processor and can be equipped with up… Continue reading Lenovo announces its first 16-inch Legion gaming laptop

LAX Area Charging Depot Carries a Heavy Hertz EV Load

Paul Gioupis, founder and CEO of Zeem Solutions, shows how Hertz rental EVs are lined up and prepped for charging at the Zeem lot near LAX. Photo: Martin Romjue / Bobit As electric vehicles gain a foothold share of the fleet and ground transportation markets, it only follows that drivers can now reserve EVs from… Continue reading LAX Area Charging Depot Carries a Heavy Hertz EV Load

LINE MAN Wongnai targets IPO by 2025, starts appointing advisors: CFOThe company sees a listing in Bangkok but would also consider a dual listing in a…

Thai food delivery startup Line Man Wongnai has begun appointing advisors to prepare for an initial public offering and is targeting a listing as soon as 2025, according to a senior executive at the Southeast Asian unicorn. The company sees a listing in Bangkok as its base case but would also consider a dual listing… Continue reading LINE MAN Wongnai targets IPO by 2025, starts appointing advisors: CFOThe company sees a listing in Bangkok but would also consider a dual listing in a…

Canadian pension fund CPP Investments trims staff as it steps back from China deals

CPP Investments, Canada’s biggest pension fund, has laid off at least five investment professionals at its Hong Kong office as it steps back from deals in China, three people with knowledge of the matter said. Most were on the fund’s private equity team and were informed early last month, according to two of the people.… Continue reading Canadian pension fund CPP Investments trims staff as it steps back from China deals

Indonesia’s INA and Singapore’s GDS team up to co-invest in data centres

Indonesia’s sovereign wealth fund INA and GDS, a leading developer and operator of data centres in Asia, have announced a partnership to develop and expand data centres in the archipelago. Both parties plan to form an equity joint venture, which will serve as a vehicle for developing a countrywide data centre platform. The first project… Continue reading Indonesia’s INA and Singapore’s GDS team up to co-invest in data centres

Arm prepares to meet investors ahead of blockbuster IPO: sources

Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter. Arm, owned by SoftBank Group Corp, is expected to set a price range for its offering next week, the sources said,… Continue reading Arm prepares to meet investors ahead of blockbuster IPO: sources

Malaysia to allocate $1.8b to fund national industrial masterplan

Malaysia’s trade ministry said on Friday the government will allocate 8.2 billion ringgit ($1.77 billion) to fund a national industrial masterplan to be implemented by 2030. The plan aims to develop a more robust manufacturing sector, by boosting the competitiveness of small and medium-sized businesses and through the creation of high-skilled jobs, the ministry said… Continue reading Malaysia to allocate $1.8b to fund national industrial masterplan

@Groupe PSA: OP DTM goes Rallye000566

Before the German Touring Car Masters (DTM) started the second half of the season at the DEKRA Lausitzring at the end of August, four drivers kicked up a lot of dust in advance. Maro Engel (Monaco), Laurin Heinrich (Würzburg), Clemens Schmid (Austria) and Kelvin van der Linde (South Africa) competed against each other in the… Continue reading @Groupe PSA: OP DTM goes Rallye000566

Aviation cyber security market to grow by USD 38.08 billion from 2022 to 2027 | The network security segment will be significant during the forecast period – Technavio

NEW YORK, Sept. 1, 2023 /PRNewswire/ — The aviation cyber security market size is set to grow by USD 38.08 billion between 2022 and 2027 and register a CAGR of 9.4%, according to Technavio’s latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way… Continue reading Aviation cyber security market to grow by USD 38.08 billion from 2022 to 2027 | The network security segment will be significant during the forecast period – Technavio