SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic alliance… Continue reading SoftBank’s Son may talk to Samsung about ‘strategic alliance’ for Arm during Seoul visitSon “may make a proposal” next month, Samsung Vice Chairman Ja…
Category: Automotive
Byju’s said to have paid $234m to Blackstone to settle dues related to Aakash deal
India’s Byju’s has paid 19 billion rupees ($234 million) to Blackstone Inc, settling its dues owed to the private equity firm as part of a $950 million deal to buy Aakash Educational, a source directly involved with the deal said on Friday. The payment made on Thursday was for a stake of about 38% owned by Blackstone… Continue reading Byju’s said to have paid $234m to Blackstone to settle dues related to Aakash deal
General partner Gavin Lee said to be quitting Wavemaker after nearly 8 years
Wavemaker Partners’ general partner, Gavin Lee, is leaving after nearly eight years at the venture capital firm, according to sources aware of the matter. Lee is known to be one of the longest-serving members in Wavemaker’s Southeast Asia investment team. Go to Source
Chinese budget ice-cream, and tea franchise Mixue files for $918m Shenzhen IPO
Chinese ice-cream and tea franchise Mixue Bingcheng Co. Ltd. has applied for an IPO on Shenzhen’s main board in which it aims to raise about 6.5 billion yuan ($918 million). Mixue — whose 21,000 milk tea shops hold about 7% of the nationwide market — plans to use the IPO proceeds to build production lines… Continue reading Chinese budget ice-cream, and tea franchise Mixue files for $918m Shenzhen IPO
Gracias a sus mejoras en seguridad mediante la tecnología, HAVAL JOLION, WEY Coffee 01 y ORA FUNKY CAT de GWM recibieron calificaciones de cinco estrellas en materia de seguridad
BAODING, China, 23 de septiembre de 2022 /PRNewswire/ — Recientemente, tres modelos de GWM, el HAVAL JOLION, el WEY Coffee 01 y el ORA FUNKY CAT (también conocido como el GOOD CAT) han obtenido calificaciones de cinco estrellas del Australasian New Car Assessment Program (ANCAP) y el European New Car Assessment Programme (Euro NCAP), respectivamente.… Continue reading Gracias a sus mejoras en seguridad mediante la tecnología, HAVAL JOLION, WEY Coffee 01 y ORA FUNKY CAT de GWM recibieron calificaciones de cinco estrellas en materia de seguridad
Xinhua Silk Road: Los expertos pronostican la llegada de un período de auge para la industria automotriz NEV de China
PEKÍN, 23 de septiembre de 2022 /PRNewswire/ — La industria de vehículos de nueva energía (NEV) de China está a punto de entrar en un período de auge tras pasar por las fases iniciales y de crecimiento, según afirmaron los expertos del Foro chino-germano sobre el desarrollo de la industria automotriz NEV el pasado miércoles.… Continue reading Xinhua Silk Road: Los expertos pronostican la llegada de un período de auge para la industria automotriz NEV de China
NASA to Cover Crew Arrival to Launch Site, Flight Readiness Review
WASHINGTON, Sept. 23, 2022 /PRNewswire/ — NASA will host two media briefings Monday, Sept. 26, in preparation for the fifth crew rotation mission with SpaceX as part of the agency’s Commercial Crew Program. NASA and SpaceX continue to target 12:46 p.m. EDT, Monday, Oct. 3, for launch of the agency’s Crew-5 mission to the International… Continue reading NASA to Cover Crew Arrival to Launch Site, Flight Readiness Review
Biggest events, coolest angles captured by Freep photographers at Detroit auto show
The long-awaited 2022 Detroit auto show has made a return after a three-year hiatus. It attracted thousands of media professionals, industry leaders — and what is said to be the world’s largest rubber duck — to Huntington Place and Hart Plaza on Wednesday and Thursday. The Buick Wildcat concept car captivated the attention of onlookers… Continue reading Biggest events, coolest angles captured by Freep photographers at Detroit auto show
GM to invest $760M in Toledo propulsion plant to make important part for EVs
General Motors will invest $760 million at its Toledo Propulsion Systems plant to prepare it to make drive units that will be used in future GM electric vehicles. The automaker said Friday that the drive units will be used in the 2024 Chevrolet Silverado EV, 2024 GMC Sierra EV and current GMC Hummer EVs. GM’s… Continue reading GM to invest $760M in Toledo propulsion plant to make important part for EVs
Ford now building its biggest, most high-tech plant in west Tennessee
Within 12 months of revealing to the world that Ford Motor Co. would build its biggest and most high-tech plant in 119 years, the automaker has laid almost 370,000 tons of stone, the weight of not just one Statue of Liberty — the iconic New York harbor sculpture gifted to the U.S. by France —… Continue reading Ford now building its biggest, most high-tech plant in west Tennessee