Shareholders of Indonesia’s largest coal miner PT Bumi Resources on Tuesday approved a share sale plan worth $1.6 billion to companies controlled by billionaire Anthoni Salim, aimed at helping the miner repay longstanding debt. Bumi would issue a maximum 200 billion new shares, 85% of which are to be bought by Hong Kong-based Mach Energy Ltd while Treasure… Continue reading Indonesian miner Bumi Resources to sell stake worth $1.6b to Salim-backed firms
Category: Tech News
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Delta Airlines will invest up to $200 million in Joby Aviation to create a ‘home-to-airport’ air taxi service
/ The companies aim to launch a service to transport passengers to a nearby airport from so-called ‘vertiports’ located throughout a city Delta Airlines will invest $60 million in Joby Aviation, a leading electric air taxi startup, to create a “home-to-airport” service using the startup’s five-seat electric vertical takeoff and landing (eVTOL) aircraft, the companies… Continue reading Delta Airlines will invest up to $200 million in Joby Aviation to create a ‘home-to-airport’ air taxi service
GM created a new energy business to sell batteries and solar panels in bid to dethrone Tesla
GM Energy is making a grab for a piece of the $150 billion energy generation and storage market. The automaker wants to shore up the grid in preparation for a tidal wave of new EVs. Share this story GM Energy will sell EV chargers, external batteries, and other accessories for its electric vehicle owners.GM General… Continue reading GM created a new energy business to sell batteries and solar panels in bid to dethrone Tesla
Sony’s excellent WH-1000XM5 headphones are down to $348 for Prime Day
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. For our money, Sony’s WH-1000XM5 is the best… Continue reading Sony’s excellent WH-1000XM5 headphones are down to $348 for Prime Day
Apple’s second-gen AirPods Pro drop to their lowest price ever for Prime Day
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. Apple’s second-gen AirPods Pro haven’t even been available… Continue reading Apple’s second-gen AirPods Pro drop to their lowest price ever for Prime Day
The best October Prime Day deals on Amazon devices we could find
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. Amazon Prime Day is the best time of… Continue reading The best October Prime Day deals on Amazon devices we could find
Waymo’s cafeteria workers are forming a union
The cafeteria workers at Waymo’s offices are forming a union, according to NBC News. As the news organization notes, that makes them the latest group of people to organize at one of Silicon Valley’s most prominent companies. Waymo’s food service personnel are also following in the footsteps of the 4,000 Google cafeteria workers who quietly… Continue reading Waymo’s cafeteria workers are forming a union
Crypto exchange Coinbase secures licence to operate in Singapore
Coinbase Singapore has received an in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services in the city-state. With this approval, which was granted under the Payment Services Act, the company can now have individuals and institutions accessing digital payment token services through its platform, it said on Tuesday. So… Continue reading Crypto exchange Coinbase secures licence to operate in Singapore
Data Vantage: FinAccel, Wahyoo and NirogStreet snap up new funding
FinAccel, the parent of buy now, pay later (BNPL) platform Kredivo, received $94 million last week from investors, including Square Peg Capital, Jungle Ventures and Mirae Asset, last week, according to regulatory filings. The capital injection is part of an ongoing Series D round in which the company seeks to raise up to $135 million.… Continue reading Data Vantage: FinAccel, Wahyoo and NirogStreet snap up new funding
Clean Technica: Tesla Model Y Germany’s Best Selling Vehicle in September, Beating Iconic VW Golf002306
Germany, Europe’s largest auto market, saw plugin electric vehicles take 32.2% share in September, up from 28.7% year on year. Full electrics grew more than plugin hybrids. Overall auto volume was 224,864 units, up 14% from last year, and down some 8% from September 2019’s result. The Tesla Model Y was the overall best selling… Continue reading Clean Technica: Tesla Model Y Germany’s Best Selling Vehicle in September, Beating Iconic VW Golf002306