DoorDash says it is laying off around 1,250 employees in the latest instance of belt tightening at a well-known tech company. CEO Tony Xu wrote in a note to employees that DoorDash sped up hiring during the COVID-19 pandemic to catch up with its growth, since the company was actually undersized as of early 2020.… Continue reading DoorDash is laying off around 1,250 corporate employees
Category: Tech News
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San Francisco approves use of remote-controlled robots to kill suspects
/ Robots can be armed with explosives to “contact, incapacitate, or disorient violent, armed, or dangerous suspect” in “extreme circumstances, says the SFPD Remote-controlled robots like this are often used by police departments to examine, disarm, or detonate bombs.Image: DENIS CHARLET/AFP via Getty Images San Francisco’s police will be allowed to use remote-controlled robots to… Continue reading San Francisco approves use of remote-controlled robots to kill suspects
Honda to launch fuel cell vehicle in 2024
Honda will launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover. The automaker said it will produce the CR-V variant at its Performance Manufacturing Center (PMC) in Marysville, Ohio, as part of its strategy to go fully electric by 2040 and carbon neutral by 2050. Instead of a battery, fuel… Continue reading Honda to launch fuel cell vehicle in 2024
Honda is the latest automaker to bring hands-free highway driving tech to the US
/ The company plans on introducing more advanced driver-assist technology in the US by the end of the decade. By 2030, hands-free driving will come standard on all Honda vehicles. Image: Honda Honda will bring its hands-free highway driver-assist technology to the US by the end of the decade, making it the latest automaker to… Continue reading Honda is the latest automaker to bring hands-free highway driving tech to the US
Amazon Kindle Scribe review: absolutely adequate
E-Reader Reviews Amazon’s biggest Kindle ever is also the first to let you pair it with a stylus for note-taking. But crummy document syncing and lackluster software hold this E Ink device back. Last year, I bought my first new car since 2003. Every day, I would call a friend or family member to tell… Continue reading Amazon Kindle Scribe review: absolutely adequate
Axiata, Telenor complete merger of Celcom and Digi
Axiata Group Berhad (Axiata) and Telenor Asia Pte Ltd (Telenor) on Wednesday announced the completion of the merger of Malaysian cellular arm Celcom Axiata Bhd with Norwegian Telenor Group’s unit Digi.Com, making the merged entity one of the largest technology companies on Bursa Malaysia. Axiata and Telenor will both hold equal ownership in Celcom Digi… Continue reading Axiata, Telenor complete merger of Celcom and Digi
BYD races to the top of China’s car market in NovemberTesla’s retail sales in China also nearly doubled in November from a year earlier.
BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in the world’s largest auto market. Tesla’s retail sales in China also nearly doubled in November, from a year earlier, after the U.S. automaker… Continue reading BYD races to the top of China’s car market in NovemberTesla’s retail sales in China also nearly doubled in November from a year earlier.
Hong Kong’s IPO market seen bouncing back as 100 firms line up for share sale
Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets including the Middle-East and Southeast Asia, the chairman of the city’s bourse operator said. China’s economic slowdown, a sweeping regulatory crackdown that has tightened scrutiny over companies’ fundraising outside mainland… Continue reading Hong Kong’s IPO market seen bouncing back as 100 firms line up for share sale
KKR closes tender offer to buy Japan’s Hitachi Transport System
Global private equity (PE) powerhouse KKR has closed its deal for a 100% stake in Japanese multinational conglomerate Hitachi’s logistics subsidiary Hitachi Transport System (HTS), as per a company announcement on Wednesday. In addition to the shares acquired during the cash tender offer worth 51.11%, KKR will buy the remaining shares of HTS through a… Continue reading KKR closes tender offer to buy Japan’s Hitachi Transport System
Gogoro to pilot battery swapping and Smartscooters in Philippines next year
Gogoro, the Taiwanese company that’s commercializing battery swapping ecosystems for electric scooters, is targeting the Philippines as its next market. The startup said Tuesday it has partnered with Filipino conglomerate Ayala Corporation, telecomms provider Globe and corporate venture builder 917Ventures to launch a B2B battery swapping pilot in Manila in the first quarter of 2023.… Continue reading Gogoro to pilot battery swapping and Smartscooters in Philippines next year