/ NHTSA is assessing Tesla’s ‘partial driving automation system’ after identifying four incidents including one that killed a pedestrian. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. Share this story Image: Owen Grove… Continue reading Feds are investigating Tesla ‘Full Self-Driving’ crashes in reduced visibility
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Hong Kong regulators set to fast-track company listingsThere is currently no set timeframe to approve or reject an application.
Hong Kong‘s bourse and securities regulator on Friday moved to shorten the approval time for company listings, the latest effort to boost the attractiveness of Hong Kong as a global venue for initial public offerings (IPO). Hong Kong Exchanges and Clearing (HKEX) said it would communicate closely with the Securities and Futures Commission (SFC) to keep the timeframe for flagging concerns on listing applications… Continue reading Hong Kong regulators set to fast-track company listingsThere is currently no set timeframe to approve or reject an application.
Zomato to consider fundraising ahead of smaller rival Swiggy’s IPOZomato is eyeing a fundraising of $1.01b, surpassing the $450m Swiggy aims to garner…
Indian food delivery giant Zomato has announced that its board will consider raising funds via a qualified institutional placement (QIP) at a shareholder meeting on October 22, just weeks ahead of its rival Swiggy’s planned IPO on Indian bourses. According to CNBC-TV18, Zomato is eyeing a fundraising of Rs 8,500 crore ($1.01 billion), significantly surpassing… Continue reading Zomato to consider fundraising ahead of smaller rival Swiggy’s IPOZomato is eyeing a fundraising of $1.01b, surpassing the $450m Swiggy aims to garner…
The future of the Kindle with Panos Panay
/ On The Vergecast: what’s next for the biggest thing in e-readers, Apple’s new iPad Mini, a shakeup at Google, and more. By David Pierce, editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. Share this story Amazon launched four new Kindles… Continue reading The future of the Kindle with Panos Panay
Qualcomm cancels its miniature Windows on Arm PC
/ A simple HDMI port may have taken down a key Snapdragon dev kit. By Tom Warren, a senior editor and author of Notepad, who has been covering all things Microsoft, PC, and tech for over 20 years. Share this story Image: Qualcomm Qualcomm has canceled its Snapdragon Dev Kit, the miniature Windows on Arm… Continue reading Qualcomm cancels its miniature Windows on Arm PC
Hong Kong marks busiest IPO week in nearly two years, riding on China stimulusBankers and lawyers think China’s recent policy stimulus has opened the …
Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 billion, giving bankers and investors confidence the two-year share sale freeze could be easing. Bankers and lawyers think China’s recent policy stimulus has opened the way for new IPOs but warned those… Continue reading Hong Kong marks busiest IPO week in nearly two years, riding on China stimulusBankers and lawyers think China’s recent policy stimulus has opened the …
China stocks rise after central bank speeds up stimulus measuresA slew of mixed economic data kept up pressure on policymakers for more stimulus.
Chinese stocks rose on Friday after the central bank urged swift adoption of financial policies to support capital markets and flagged more rate cuts, but a slew of mixed economic data kept up pressure on policymakers for more stimulus. After a morning of choppy action, the blue-chip CSI300 Index .CSI300 was up 0.63%, while the… Continue reading China stocks rise after central bank speeds up stimulus measuresA slew of mixed economic data kept up pressure on policymakers for more stimulus.
Fuji Soft founder supports Bain’s buyout offer over KKR’sBain’s offer values the Japanese company at $4 billion.
Fuji Soft founder and shareholder Hiroshi Nozawa said in a letter to the company, seen by Reuters, that he supports U.S. buyout fund Bain Capital’s takeover bid for the Japanese software developer. Bain made a binding offer on Oct. 11 to buy Fuji Soft for 9,450 yen a share, valuing the Japanese company at $4… Continue reading Fuji Soft founder supports Bain’s buyout offer over KKR’sBain’s offer values the Japanese company at $4 billion.
Top investor group sweetens bid for Australia’s Hotel Property in $506m dealEarlier this month, Hotel Property Investments rejected the previous offer…
Real estate firm Charter Hall and pension fund Hostplus have bumped up their bid for Australia’s Hotel Property Investments, now valuing the pub landlord at A$755.8 million ($506.61 million). Charter Hall Retail REIT, managed by the property investor, and Hostplus have now sweetened the offer to A$3.85 from A$3.65 per Hotel Property share it does… Continue reading Top investor group sweetens bid for Australia’s Hotel Property in $506m dealEarlier this month, Hotel Property Investments rejected the previous offer…
Mitsubishi to acquire 6.5% stake in GCash’s parent Mynt for $320mMitsubishi is acquiring 50% of AC Ventures, which holds 13% stake in Mynt.
Mitsubishi Corporation is acquiring about 6.5% of Global Fintech Innovations Inc (Mynt), the parent company of Philippines’ major finance super app GCash, according to regulatory filings. In a disclosure to The Philippine Stock Exchange, conglomerate Ayala Corporation said it has agreed to sell half of its wholly-owned subsidiary AC Ventures Holdings Corporation (ACV) to Mitsubishi… Continue reading Mitsubishi to acquire 6.5% stake in GCash’s parent Mynt for $320mMitsubishi is acquiring 50% of AC Ventures, which holds 13% stake in Mynt.