Walmart-owned Indian e-commerce major Flipkart has infused $358.2 million more into its marketplace business, Flipkart Marketplace, according to filings with Singapore’s Accounting Corporate and Regulatory Authority (ACRA). Flipkart, which competes with Amazon.com in India’s booming e-commerce space, carried out the investment through Flipkart Private Ltd, the filings showed. Flipkart is incorporated in Singapore. Flipkart Private… Continue reading India’s Flipkart infuses another $358m into marketplace unit
Category: Automotive
Black former Tesla worker payout for racial bias slashed from $15M to $3.2M
Owen Diaz, the Black former elevator operator at Tesla’s Fremont factory, has seen his payout in a racial bias lawsuit slashed from $15 million to $3.2 million. Monday’s verdict from a federal jury in San Francisco came after a week-long trial, in which Tesla was once again found to have failed to prevent severe racial… Continue reading Black former Tesla worker payout for racial bias slashed from $15M to $3.2M
Seeing Machines’ world-leading interior sensing technology on show in suite and in car at 27th ESV 2023 in Yokohama, Japan
CANBERRA, Australia, April 3, 2023 /PRNewswire/ — Seeing Machines Limited (AIM: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, will exhibit its world-leading interior sensing technology alongside the 27th International Technical Conference on the Enhanced Safety of Vehicles (ESV) Conference 2023 at PACIFICO Yokohama, Japan, from… Continue reading Seeing Machines’ world-leading interior sensing technology on show in suite and in car at 27th ESV 2023 in Yokohama, Japan
Small Satellite Market worth $7.0 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, March 31, 2023 /PRNewswire/ — The small satellite market is estimated at USD 3.2 billion in 2023 and is projected to reach USD 7.0 billion by 2028, at a CAGR of 16.8 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The increasing capabilities of small satellites through the integration of the… Continue reading Small Satellite Market worth $7.0 billion by 2028 – Exclusive Report by MarketsandMarkets™
Venturi Astrolab’s FLEX rover to launch to the Moon on an upcoming SpaceX mission
MONACO, March 31, 2023 /PRNewswire/ — In three years’ time, the Monegasque Venturi Group will write the most impressive page in its history: in 2026, the FLEX (Flexible Logistics and Exploration) rover, the result of an international collaboration (see below), will head for the Moon. The American company SpaceX will be responsible for transporting the… Continue reading Venturi Astrolab’s FLEX rover to launch to the Moon on an upcoming SpaceX mission
Travelport Secures $200 Million Investment to Fuel Momentum and Further Propel Tech Innovation
Company Owners, Siris Capital Group and Elliott Management, Boost Investment Following Strong Q1 Results, Including a Restructuring of Debt, Further Strengthening the Company’s Balance Sheet LANGLEY, United Kingdom, March 31, 2023 /PRNewswire/ — Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, today announced a $200 million investment… Continue reading Travelport Secures $200 Million Investment to Fuel Momentum and Further Propel Tech Innovation
HL Mando Awarded “2022 Supplier of the Year” by General Motors Company (GM)
“It is a great honor that we have received the Supplier of the Year Award from GM for three consecutive years,” said Senior President and CEO Steve (Seong-hyeon) Cho of HL Mando. SEOUL, South Korea, March 31, 2023 /PRNewswire/ — HL Mando, a company specializing in autonomous driving solutions for electric vehicles, was named a “2022… Continue reading HL Mando Awarded “2022 Supplier of the Year” by General Motors Company (GM)
Heze Peony International Communication Forum to Be Held on April 9, Sharing the Story of Peony with the World
HEZE, China, March 31, 2023 /PRNewswire/ — The Heze Peony International Communication Forum will be held at Huimengtai of Heze on April 9, hosted by the Publicity Department of the CPC Shandong Provincial Committee and the China Foreign Language Publishing Administration. Continue Reading Heze Peony International Communication Forum Peony is beautiful, dignified and graceful as the most typical… Continue reading Heze Peony International Communication Forum to Be Held on April 9, Sharing the Story of Peony with the World
Tenth Anniversary of DDPAI – Ten Years of Image Connection
SHENZHEN, China, March 31, 2023 /PRNewswire/ — With the intelligentization of automobiles and the rapid changes in mobility, as a pathfinder and game changer of the times, DDPAI has taken the initiative to reform and reconstruct the three main scenes of people, vehicles, and homes, establishing connections with image technology and innovating smart mobility. Leading… Continue reading Tenth Anniversary of DDPAI – Ten Years of Image Connection
How data intelligence is tackling the climate crisis delivering better outcomes for the planet and the bottom line
2022 Geotab Sustainability & Impact Report provides a blueprint for carbon reduction LONDON, March 31, 2023 /PRNewswire/ — Geotab Inc. (“Geotab”) — a global leader in connected transportation solutions — today released its 2022 Sustainability and Impact Report, titled “Unlocking the power of data for a sustainable future,” which outlines the company’s environmental, social and ethical… Continue reading How data intelligence is tackling the climate crisis delivering better outcomes for the planet and the bottom line