Just two years after the launch of the original EOS R6, Canon has unveiled its successor, the $2,500 EOS R6 Mark II. It brings a number of key improvements, like a higher-resolution 24.2-megapixel sensor and faster shooting speeds. Most importantly, Canon has significantly reduced the previous model’s issues with overheating. The EOS R6 was the… Continue reading Canon R6-II hands-on: Faster, more resolution and reduced heating issues
Category: Automotive
Wholesale Vehicle Market Climate Heads Into a Cooldown
The average model year of wholesale vehicles sold in the third quarter reached 2015.6 compared to 2014.6 in 3Q 2021, according to the AutoIMS Industry View report. A 2016 Mercedes-Benz GLS pictured here would be more typical of the age of vehicles recently resold. Photo: Bobit The latest third quarter data from AutoIMS indicates changing… Continue reading Wholesale Vehicle Market Climate Heads Into a Cooldown
India: SaaS unicorn Amagi bags $105m in fresh funding from General AtlanticAmagi turned unicorn after raising $95 million in a funding round led by Ac…
Cloud-based media SaaS company Amagi has raised about $105 million (Rs 875 crore) in a mix of primary and secondary funding from private equity firm General Atlantic. According to the company’s latest filing with the Registrar of Companies (RoC), its board has passed a special resolution to issue 3,35,854 Series F compulsory convertible preference shares… Continue reading India: SaaS unicorn Amagi bags $105m in fresh funding from General AtlanticAmagi turned unicorn after raising $95 million in a funding round led by Ac…
India may let Chinese electronics firms enter via JVs with local companies, says report
The Indian government is open to letting Chinese companies enter the country’s high-tech electronics sector should they set up manufacturing plants in partnerships with local companies, the Economic Times newspaper reported on Wednesday, citing officials. A joint venture (JV) proposal could be cleared if the Indian partner holds a majority stake and controls the board, according to the report, although it said no conditions have… Continue reading India may let Chinese electronics firms enter via JVs with local companies, says report
Tencent, China Unicom gain nod to set up ‘mixed ownership’ company
Chinese tech giant Tencent Holdings and state-owned telecommunications firm China Unicom have received regulatory approval to set up a so-called “mixed ownership” company, a public document showed on Wednesday. China has been accelerating its push for mixed-ownership reforms in an effort to boost the competitiveness of state firms. It was not immediately clear what the planned company would do. Shares in China Unicom surged 10% in Shanghai, forcing a temporary suspension of trade. Trade… Continue reading Tencent, China Unicom gain nod to set up ‘mixed ownership’ company
Canva-backer Blackbird raises Australia’s biggest VC fund at $640m
Australian venture capital firm Blackbird announced that it raised A$1 billion (about $640 million) for a new fund that will invest in general companies in Australia and New Zealand. The venture investor, which counts Canva and robotics firm Zoox in its portfolio, said the fifth fund is Australia’s largest fund to date and doubles the… Continue reading Canva-backer Blackbird raises Australia’s biggest VC fund at $640m
India Digest: Lotus Herbals picks up 20% in Yogic Secrets; Roha Dyechem buys Saraf Foods
Lotus Herbals Pvt Ltd has bought a 20% stake in nutraceutical products startup Yogic Secrets Healthcare. Separately, Roha Dyechem, a manufacturer of synthetic and natural colours, has acquired Saraf Foods Ltd, a freeze-dried agricultural product company. Lotus Herbals invests in Yogic Secrets Lotus Herbals Pvt Ltd said it has bought a 20% stake in nutraceutical… Continue reading India Digest: Lotus Herbals picks up 20% in Yogic Secrets; Roha Dyechem buys Saraf Foods
AutoNation’s CEO Warns of Used-Car Price Drop as Rising Rates Curb Demand – Yahoo Finance
(Bloomberg) — AutoNation Inc., the biggest US chain of car dealerships, warned that used-vehicle prices are softening as rising interest rates curb demand from more price-sensitive buyers. Most Read from Bloomberg The company said Thursday that third-quarter earnings rose to $6 a share excluding some items. That was below the $6.29 a share average of… Continue reading AutoNation’s CEO Warns of Used-Car Price Drop as Rising Rates Curb Demand – Yahoo Finance
@VINFAST: News Release CATL and VinFast reach global strategic cooperation to promote global e-mobility Vingroup OSAKA, JAPAN – Media…
News release by Vingroup OSAKA, JAPAN | November 01, 2022 09:30 AM Eastern Daylight Time OSAKA, JAPAN – Media OutReach – 1 November 2022 – Contemporary Amperex Technology Company (“CATL”) and VinFast Trading & Manufacturing Joint Stock Company (“VinFast”) announced a Memorandum of Understanding for Global Strategic Cooperation to expand collaboration in areas including CIIC… Continue reading @VINFAST: News Release CATL and VinFast reach global strategic cooperation to promote global e-mobility Vingroup OSAKA, JAPAN – Media…
Auto Wholesales in October 2022: YoY dispatches in green; sequential decline across PVs, 2Ws
New Delhi: The easing of supply chain constraints helped OEMs increase production and wholesales in October 2022. This time, last year, the unprecedented semiconductor shortage, fuel price hike, increase in input costs, and the consequent vehicle price rise marred the October sales. Thus, the low base of last year has also contributed to the wholesale… Continue reading Auto Wholesales in October 2022: YoY dispatches in green; sequential decline across PVs, 2Ws