Back in 2018, former Apple employee Xiaolang Zhang was arrested at San Jose International Airport where he was going to board a last-minute flight to China. Zhang was accused of transferring a 25-page document that includes the engineering schematics of a circuit board for the company’s self-driving vehicle, along with technical manuals describing Apple’s prototype,… Continue reading Former Apple employee pleads guilty to stealing self-driving car secrets
Category: Automotive
Anchorage: Most Expensive Rental Car Rates
Cheap Car Rental found out that Anchorage had the most expensive rental rates at $949 per week for the cheapest car. However, in general, car rental customers now spend around 15% less compared to August 2021. Photo: Canva The Alaskan city of Anchorage is the most expensive U.S. destination for renting a vehicle this summer,… Continue reading Anchorage: Most Expensive Rental Car Rates
German Handelsblatt: Automaker: Battery raw materials from Canada: VW wants to enter the mining business005014
Angesichts drohender Engpässe bei wichtigen Rohstoffen für die Batterieproduktion will Volkswagen verstärkt auf Kanada setzen. Der Autobauer und die kanadische Regierung unterzeichnen an diesem Dienstag eine Absichtserklärung zum Ausbau der Elektromobilität, wie das Handelsblatt vorab erfahren hat. Beide Parteien vereinbaren darin, zu prüfen, wie Kanada zur Rohstoffversorgung von VW beitragen kann.Eine zentrale Rolle spielt die… Continue reading German Handelsblatt: Automaker: Battery raw materials from Canada: VW wants to enter the mining business005014
Indian digital wellness platform Mojocare raises $20m from B Capital’s Ascent Fund, othersExisting investors Chiratae Ventures, Sequoia India’s Surge …
Digital wellness platform Mojocare has raised $20 million in a Series A round led by B Capital’s Ascent Fund and existing investors Chiratae Ventures, Sequoia India’s Surge and Better Capital. The funding round also saw participation from angel investors, including Times Group MD Vineet Jain; CRED founder Kunal Shah; and Curefoods founder Ankit Nagori. Mojocare… Continue reading Indian digital wellness platform Mojocare raises $20m from B Capital’s Ascent Fund, othersExisting investors Chiratae Ventures, Sequoia India’s Surge …
DeepWay raises $67m and 21 more deal updates from Greater China worth $277mQiming Venture Partners led DeepWay’s Series A.
DeepWay, a Baidu-backed startup that develops smart, new energy heavy-duty trucks, announced on Tuesday the completion of its first external funding round of 460 million yuan ($67.1 million) to power trucks with autonomous driving technology. Chinese venture capital (VC) major Qiming Venture Partners led the Series A round, with participation from investment firm Vlight Capital,… Continue reading DeepWay raises $67m and 21 more deal updates from Greater China worth $277mQiming Venture Partners led DeepWay’s Series A.
Zoom cuts annual profit forecast as revenue growth hits record low
Zoom Video Communications Inc on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs amid stiff competition from Microsoft Teams and Cisco WebEx. Shares of the pandemic darling fell 7% in extended trade after it reported its slowest quarterly revenue growth on record at 8%, as… Continue reading Zoom cuts annual profit forecast as revenue growth hits record low
India e-commerce firms go on hiring spree ahead of festive season
India‘s e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that begins in earnest next month. The moves come amid a tightening job market — India‘s unemployment rate fell below 7% in July for the first time since January — and persistently… Continue reading India e-commerce firms go on hiring spree ahead of festive season
New Zealand’s government transfers Kiwibank assets to new state-owned company
New Zealand’s government said on Monday it had transferred Kiwibank‘s assets to a new state-owned company, since the lender no longer fit within the long-term plans for two state entities that currently own it. Kiwibank, which is New Zealand fifth-largest retail bank, was owned by state-owned entities New Zealand Post, Accident Compensation Corporation and sovereign wealth fund New Zealand Superannuation Fund. The government said in a statement that the transaction valued at… Continue reading New Zealand’s government transfers Kiwibank assets to new state-owned company
@Nissan: 2022/08/23 Nissan Formula E announces driver lineup for Season 9 Nissan Formula E t…000828
2022/08/23 YOKOHAMA, Japan – Nissan Formula E today announces Norman Nato and Sacha Fenestraz for its all-new driver lineup ahead of Season 9 of the ABB FIA Formula E World Championship, the first campaign of the Gen3 era. Nato, a Formula E race winner, makes his full-time return to the series with the Japanese manufacturer… Continue reading @Nissan: 2022/08/23 Nissan Formula E announces driver lineup for Season 9 Nissan Formula E t…000828
@Nissan: Nissan Formula E announces driver lineup for Season 9000828
August 23, 2022 YOKOHAMA, Japan – Nissan Formula E today announces Norman Nato and Sacha Fenestraz for its all-new driver lineup ahead of Season 9 of the ABB FIA Formula E World Championship, the first campaign of the Gen3 era. Nato, a Formula E race winner, makes his full-time return to the series with the… Continue reading @Nissan: Nissan Formula E announces driver lineup for Season 9000828