Composition of Kamux’s Shareholders’ Nomination Board

HÄMEENLINNA, Finland , Aug. 26, 2022 /PRNewswire/ — The largest shareholders of Kamux Corporation have nominated their representatives for the Shareholders’ Nomination Board for the term 2022-2023. The Shareholders’ Nomination Board consists of four members. The right to appoint members representing the shareholders belongs to the three shareholders whose proportions of the votes of all shares of… Continue reading Composition of Kamux’s Shareholders’ Nomination Board

Duolingo is expanding into math lessons and brain training

Duolingo is holding its annual Duocon event today to show off some of what it’s working on. One of the big things the company has in the pipeline is an app called Duolingo Math, which marks its first move outside of language learning. The app has two main elements. The first is a math course… Continue reading Duolingo is expanding into math lessons and brain training

LG unveils its first curved OLED display with a 240Hz refresh rate at IFA

LG has presented its upcoming premium monitors at IFA Berlin this year, and one of the models it unveiled is a 45-inch curved display that was specifically design for more immersive gaming experiences. The company says the model (45GR95QE) is its first curved display under the UltraGear brand of gaming monitors and is also its… Continue reading LG unveils its first curved OLED display with a 240Hz refresh rate at IFA

Remarketers Group Generates Deeper Topics on EVs

The IARA Summer Roundtable hosted meetings of all its standing committees on Aug. 17, 2022 in Nashville, Tennessee, to discuss a wide array of remarketing industry topics, including the valuation and handling of used electric vehicles. Photo: Martin Romjue / Bobit Roundtables aren’t just meant to be talked over, but can be loaded up with… Continue reading Remarketers Group Generates Deeper Topics on EVs

Indian IT firms cut staff bonuses as US, European clients tighten budgets amid recessionInfosys and Wipro recently told their employees they had reduc…

India’s top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom. Infosys Ltd, India’s second-biggest IT company, and smaller rival Wipro recently told their employees they had reduced the variable pay portion of employee compensations, according to respective internal emails sent… Continue reading Indian IT firms cut staff bonuses as US, European clients tighten budgets amid recessionInfosys and Wipro recently told their employees they had reduc…

SpaceX, T-Mobile plan to connect mobile phones to satellites, boost cell coverage

US wireless carrier T-Mobile US Inc will use Elon Musk-owned SpaceX‘s Starlink satellites to provide mobile users with network access in parts of the United States, the companies announced on Thursday, outlining plans to connect users’ mobile phones directly to satellites in orbit. The new plans, which would exist alongside T-mobile‘s existing cellular services, would cut out the need for cell towers and offer service for sending texts and images where cell coverage does not currently exist, key for emergency situations… Continue reading SpaceX, T-Mobile plan to connect mobile phones to satellites, boost cell coverage

Australian BNPL firm Afterpay ends smartphone tie-up with Westpac

Afterpay, the Australian payments firm bought by Jack Dorsey’s Block Inc, and Australia’s Westpac Banking Corp ended a partnership after the firm cancelled a smartphone app it was running with the bank, the companies said. Since Block‘s $29-billion buyout earlier this year, buy-now-pay-later star Afterpay said it decided to integrate its products with its new owner’s “ecosystem” instead, which meant closing the personal finance app that was… Continue reading Australian BNPL firm Afterpay ends smartphone tie-up with Westpac

KKR-led group walks away from $15b all-cash offer for Australia’s Ramsay Health Care

Ramsay Health Care Ltd said on Friday a group led by private equity giant KKR & Co pulled the plug on a near $15 billion all-cash buyout offer for the Australian hospital operator, but a cash and stock bid remains on the table. On Thursday, Ramsay received an alternate proposal from the KKR-led consortium in that its shareholders… Continue reading KKR-led group walks away from $15b all-cash offer for Australia’s Ramsay Health Care

Sunwoda’s EV battery unit rakes in $875m from food delivery giant Meituan, others

Sunwoda Electric Vehicle Battery, an electric vehicle (EV) battery solutions provider affiliated with Chinese publicly-listed Sunwoda Electronic, has pocketed 6 billion yuan ($875.1 million) in a Series A funding round from investors including food delivery giant Meituan. One of the lead investors in the deal, Meituan made the bet through its strategic investment department, said… Continue reading Sunwoda’s EV battery unit rakes in $875m from food delivery giant Meituan, others

German Handelsblatt: Sports car: Audi enters Formula 1 with its own engine005031

Audi There had been speculation about a Formula 1 entry by the carmaker in recent years. (Photo: imago images/Michael Gstettenbauer) Audi enters the Formula 1 racing circuit. The Ingolstadt-based VW subsidiary announced on Friday that it would be competing with a specially developed drive unit from 2026. The project will be based at the Audi… Continue reading German Handelsblatt: Sports car: Audi enters Formula 1 with its own engine005031