Toppr lays off India staff, while parent BYJU’S is reportedly looking at $1b US acquisition

For the second time in as many days, Indian edtech decacorn BYJU’s has laid-off employees at one of its subsidiaries. This time it has let go of 300 employees from Toppr, a day after it handed the pink slip to around 300 employees in WhiteHat Jr. A BYJU’s spokesperson confirmed the layoffs and added that… Continue reading Toppr lays off India staff, while parent BYJU’S is reportedly looking at $1b US acquisition

Hyundai Oilbank makes third listing attempt, gains preliminary nod for IPO

South Korean refiner Hyundai Oilbank Co Ltd has received preliminary approval for its planned initial public offering (IPO), the Korea Exchange said on Wednesday. Hyundai Oilbank, an affiliate of shipbuilder Hyundai Heavy Industries, is 73.85% owned by HD Hyundai Co Ltd as of end-March. It reported non-consolidated revenue of 20.3 trillion won and 565 billion won in operating profit in 2021, the Korea… Continue reading Hyundai Oilbank makes third listing attempt, gains preliminary nod for IPO

Velodyne Lidar CMO Sally Frykman Wins Woman of the Year Award at Sensors Converge Conference

SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Chief Marketing Officer (CMO) Sally Frykman won the 2022 Woman of the Year award from Sensors Converge and Fierce Electronics. The Best of Sensors Awards recognize the best and most innovative products, technologies, teams and people in the sensors industry. The Sensors Converge… Continue reading Velodyne Lidar CMO Sally Frykman Wins Woman of the Year Award at Sensors Converge Conference

German Handelsblatt: Auto industry: Mercedes is building new electric cars in Germany – the Rastatt plant remains004584

Production at Mercedes The manufacturer is preparing its German plants for the production of electric cars. (Photo: Reuters) Mercedes-Benz has agreed with employee representatives on a plan to switch to electric cars. As the company announced on Wednesday after weeks of negotiations, the plant in Rastatt, Baden, will remain a competence center for compact vehicles.… Continue reading German Handelsblatt: Auto industry: Mercedes is building new electric cars in Germany – the Rastatt plant remains004584

Chad Wolf, the illegal secretary

Kirstjen Nielsen’s tenure as the head of the Department of Homeland Security was perhaps best known for the family separation policy at the border. The recordings of crying toddlers, the children wrapped in silver foil blankets, the detention conditions likened to “cages” — this was her legacy. Nielsen was reviled by almost everyone from the center and… Continue reading Chad Wolf, the illegal secretary

How the TSA created two classes of travelers

Dan McCoy is the chief innovation officer at the United States Transportation Security Administration, or TSA. Welcome to Decoder. Thank you for having me, Nilay. I am a listener, so this is exciting. The experience is way different than listening, so you are in for a ride. It’s a great time to talk to you.… Continue reading How the TSA created two classes of travelers

Unsettled

Over the last two years, Elbakri’s organization has delivered food to families as part of its You Are Not Alone program, which seeks to fill the needs of people suffering financially from the pandemic. But, over the last six months, they have expanded to provide weekly food packages for Afghan refugees in the Bay Area… Continue reading Unsettled

Import Control System 2 (ICS2) Release 2: New requirements for inbound air shipments to the EU

, June 29, 2022 /PRNewswire/ — From 1 March 2023, all freight forwarders, air carriers, express couriers, and postal operators transporting goods to or through the European Union (including Norway and Switzerland) will be required to submit advance cargo information in the form of a complete entry summary declaration (ENS), under the second phase of… Continue reading Import Control System 2 (ICS2) Release 2: New requirements for inbound air shipments to the EU

DispatchTrack Launches Hybrid Routing Solution Combining Static and Dynamic Routing to Strengthen Efficiencies and Future-Proof the Last Mile

Delivers immediate results for businesses with recurring customers and daily variations in deliveries First to power multi-depot planning so businesses can centralize and build routes for more than one distribution center at a time and reduce trucks on the road CAMPBELL, Calif., June 29, 2022 /PRNewswire/ — DispatchTrack, the leading solution provider of right-time delivery management… Continue reading DispatchTrack Launches Hybrid Routing Solution Combining Static and Dynamic Routing to Strengthen Efficiencies and Future-Proof the Last Mile

TrueCar Releases Analysis of June and 2022 Second Quarter Industry Sales

“As we head into the July fourth weekend, inventory across the industry remains at or near the constrained levels we’ve been seeing throughout 2022, although demand for vehicles remains strong,” said Nick Woolard, Lead Industry Analyst at TrueCar. “We continue to see rapid growth in demand for new electric vehicles amid soaring fuel prices, with… Continue reading TrueCar Releases Analysis of June and 2022 Second Quarter Industry Sales