Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed — and bankers are betting a buzzing deal pipeline means a continued near-term surge. The total fee pool for 2021 equity capital market (ECM) deals in South Korea is now… Continue reading Investment banks in South Korea pocket record fees this year amid IPO boom
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China market regulator okays Ping An’s acquisition of New Founder Group
China‘s market regulator has approved Ping An Life Insurance’s acquisition of a majority stake in New Founder Group, which was established after Founder Group started court-led restructuring proceedings last year. The anti-trust bureau of the State Administration for Market Regulation issued the approval on its website on Tuesday, without disclosing financial details of the deal. Ping An Insurance Group said in April that its subsidiary Ping An Life would acquire a 51.1%… Continue reading China market regulator okays Ping An’s acquisition of New Founder Group
Car-sharing startup Turo has filed confidentially for an IPO
Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be offered in the IPO and the price range have not yet been determined, the company said in a statement. Turo declined to provide additional information to… Continue reading Car-sharing startup Turo has filed confidentially for an IPO
The 2022 Toyota GR 86 brings performance to the people
Alex Kalogiannis Contributor Automotive writer, editor and host for hire. Bylines: Gear Patrol, DriveTribe, Forbes, Others. The sports car market can seem like an exclusive club, one reserved for those with enough extra cash and garage space to make such a highly impractical passion purchase. More often than not, these prestige items are billed with… Continue reading The 2022 Toyota GR 86 brings performance to the people
CES 2022 to require proof of vaccination from attendees
The Consumer Technology Association (CTA) announced that it will demand attendees of the Jan 5, 2022 CES conference show proof of COVID-19 vaccination before entry. CTA CEO Gary Shapiro said vaccines were the “best hope” for ending the pandemic and added that the organization wanted to play a part in encouraging people to get vaccinated… Continue reading CES 2022 to require proof of vaccination from attendees
Microsoft hires former Uber exec to lead a new consumer apps effort
Microsoft is hiring Manik Gupta, the former head of product at Uber, in a renewed effort to boost Microsoft’s consumer apps. Gupta will be responsible for Microsoft Teams consumer, Skype, and GroupMe, and he will report directly to Jeff Teper, Microsoft’s head of Microsoft 365 collaboration. Gupta spent four years at Uber running the various… Continue reading Microsoft hires former Uber exec to lead a new consumer apps effort
A Tesla Model 3 crashed at a school, injuring 6 children and an adult. An 8-year-old boy was airlifted to hospital.
A crash involving a Tesla Model 3 left an eight-year-old boy with serious injuries. Seven people were injured in the crash Monday at a school in southern England, local police said. The driver wasn’t injured, police added. Loading Something is loading. A Tesla Model 3 crash at a school in southern England left six children… Continue reading A Tesla Model 3 crashed at a school, injuring 6 children and an adult. An 8-year-old boy was airlifted to hospital.
Firefighters tackling a Tesla blaze in Austin said they had to use 40 times more water than for a regular vehicle fire because of the car’s lithium battery cells
Firefighters used 40 times more water to contain a Tesla fire than for a regular car fire, they said. They struggled because of the lithium battery cells powering the Tesla Model X, they said. Tesla maintains that its electric cars are the “safest in the world.” Loading Something is loading. Firefighters had to use 40… Continue reading Firefighters tackling a Tesla blaze in Austin said they had to use 40 times more water than for a regular vehicle fire because of the car’s lithium battery cells
There’s finally a new Densha de Go! train controller, and it’s awesome
Imagine if you were really into a video game series, but no one released a controller that let you play it properly for 14 years. Unfortunately, that’s exactly the situation that fans of Densha De Go! found themselves in until recently. Taito’s quirky train-driving franchise has been around since the mid-‘90s across countless systems and… Continue reading There’s finally a new Densha de Go! train controller, and it’s awesome
Make Amazing DIY Tech With 75% Off This ESP32 Training Package
As coding and engineering become less about specialized skills and more tools anyone can use, the future is opening up to amazing possibilities. Among those are the power of microcontrollers to create your own gear, and the Ultimate ESP32 Course Bundle opens the door to some truly amazing DIY gear. Typically $200, it’s on sale… Continue reading Make Amazing DIY Tech With 75% Off This ESP32 Training Package