Chijet Motor Co on Wednesday agreed to go public in the United States through a merger with a blank-cheque company that gave the China-based automaker a 37% lesser valuation than what it had secured in another deal that was terminated. The deal with special purpose acquisition company (SPAC) Jupiter Wellness Acquisition Corp values Chijet at $1.6 billion, less… Continue reading Chinese automaker Chijet to merge with new SPAC at 37% lower valuation
Category: Automotive
Argo.ai, driverless startup backed by Ford and VW, is shutting down
/ The Pittsburgh-based startup, which was founded in 2016, will be absorbed into its two automotive partners. Argo had been testing its vehicles in Miami, Austin, and Washington, DC. Drew Anthony Smith Argo AI, the self-driving startup backed by Ford and Volkswagen, is shutting down, The Verge has learned. Employees were notified that an announcement… Continue reading Argo.ai, driverless startup backed by Ford and VW, is shutting down
@Toyota: Toyota Financial Services Celebrates 40 Years
In case you missed it, Toyota Financial Services (TFS) is 40. The ‘80s and TFS is having a big moment. As a matter of fact, back in the day employees at TFS were up to some pretty amazing stuff. It’s when the company got its start! Flashback to October 1982: The number one movie in… Continue reading @Toyota: Toyota Financial Services Celebrates 40 Years
Scientists Grow Superpowered THC Substance Inside Bioreactors
Image by Getty Images/Futurism Israeli biotech company BioHarvest claims to have grown a substance that features all the active ingredients of cannabis inside a bioreactor — and it’s 12 times more potent than nature’s best, The Times of Israel reports. The company is heralding the invention as a breakthrough that could make medical cannabis cheaper and… Continue reading Scientists Grow Superpowered THC Substance Inside Bioreactors
Saudi Arabia Says Its 100 Mile Skyscraper Will Have a Population of 9 Million
If it ever gets completed. Drawing The Line Saudi Arabia has broken ground on its gigantic and controversial 100-mile skyscraper city, called The Line. And judging by the astronomical scale of the operation, it’s bound to be either one of the greatest feats of modern-day engineering — or a monumental, half-trillion-dollar failure. The scale is… Continue reading Saudi Arabia Says Its 100 Mile Skyscraper Will Have a Population of 9 Million
2022 Fisher Service Award for Military Community Service Recipients Announced
$250,000 Awarded to Military Non-Profits Improving Quality of Life WASHINGTON, Oct. 26, 2022 /PRNewswire/ — Fisher House Foundation and Military Times have awarded grants totaling $250,000 to five non-profit organizations supporting military service members and their families. The Fisher Service Award for Military Community Service provides funding toward innovative programs created to improve the quality… Continue reading 2022 Fisher Service Award for Military Community Service Recipients Announced
Minneapolis-St. Paul International Airport (MSP) completes successful trial of CTS CBRS-based Private Wireless Network-as-a-Service
MSP tested the functionality of a private LTE network using CBRS spectrum for airport operations MARLBOROUGH, Mass., Oct. 26, 2022 /PRNewswire/ — Communication Technology Services (CTS), an in-building and campus connectivity solution provider, announced the successful completion of a trial of a CTS CBRS-based Private Wireless Network (PWN) with Minneapolis-St. Paul International Airport (MSP). The Private… Continue reading Minneapolis-St. Paul International Airport (MSP) completes successful trial of CTS CBRS-based Private Wireless Network-as-a-Service
Jeannie Caruso, CEO of Gaming & Leisure, “Congrats to Quick Custom Intelligence on Winning the Industry Excellence Award for the Second Year in a Row!”
SAN DIEGO, Oct. 26, 2022 /PRNewswire/ — Gaming & Leisure Magazine and Quick Custom Intelligence (“QCI”) jointly announced that the QCI Platform has been awarded the Industry Excellence Award for Deep Understanding of the Customer. The Industry Excellence awards represent specific core competencies that companies bring to the industry. “The G&L Industry Excellence Awards recognize… Continue reading Jeannie Caruso, CEO of Gaming & Leisure, “Congrats to Quick Custom Intelligence on Winning the Industry Excellence Award for the Second Year in a Row!”
Adani Group plans to invest in passenger vehicle fleet
The Ahmedabad-based group has been investing in companies to complement its airport business. The Adani Group is planning to invest in a fleet of passenger vehicles, which it will list on ride-hailing platforms such as Uber in the cities where it operates airports, sources aware of the development told ET. The conglomerate, which operates seven… Continue reading Adani Group plans to invest in passenger vehicle fleet
E-challans to replace clamping & towing of illegally parked vehicles in central Kolkata
The traffic police have devised a plan during Kali and Jagatdhatri immersions and Chhath when illegal parking often poses a challenge. Clamping and towing of vehicles parked illegally will give way to e-challans as traffic guards in central Kolkata start adopting it as a more effective way to deal with the menace. The officers-in-charge (OCs)… Continue reading E-challans to replace clamping & towing of illegally parked vehicles in central Kolkata