Aston Martin‘s shares jumped 20% on Friday after the British luxury carmaker announced an capital raising that will see Saudi Arabia’s Public Investment Fund (PIF) become its second-largest shareholder with an almost 17% stake. PIF’s 78 million pound investment, together with a 575 million pound rights issue, will allow the 109-year-old company lower its debt and… Continue reading Saudi wealth fund to become Aston Martin’s second-largest shareholder with 17% stake
Category: Tech News
Category Added in a WPeMatico Campaign
SEA Digest: CapitaLand buys Vietnam site for $720m; Keppel, KIT invest in European wind farms
CapitaLand Development is acquiring a mixed-use site in Ho Chi Minh City for $720 million, while Singapore’s Keppel Corp and Keppel Infrastructure Trust (KIT) are investing in European onshore wind farm projects. CapitaLand buys site in Vietnam for $720m CapitaLand Development (CLD) is acquiring a mixed-use site in Ho Chi Minh City for $720 million.… Continue reading SEA Digest: CapitaLand buys Vietnam site for $720m; Keppel, KIT invest in European wind farms
iFixit’s Steam Deck fan and battery replacement kits are finally in stock
The last time iFixit tried to offer replacement kits for the fans on Valve’s Steam Deck, they sold out so quickly most people didn’t even get a chance to stick a kit in a cart. In June, iFixit had a fan fix kit “drop” limited to just 100 kits. Now they’re back, and they seem… Continue reading iFixit’s Steam Deck fan and battery replacement kits are finally in stock
CVC Capital buys 18% stake in Indonesian cheese maker Mulia Boga Raya for $20mMulia Boga Raya sells cheddar cheese under the brand name Prochiz
Global private equity (PE) giant CVC Capital Partners has bought a minority stake in Indonesian cheese company PT Mulia Boga Raya Tbk for 306.13 billion rupiah ($20.41 million). The transaction was routed through CVC’s investment vehicle, Pelican Company Limited. According to a filing with the Indonesian Stock Exchange (IDX), the PE firm purchased 271.87 million… Continue reading CVC Capital buys 18% stake in Indonesian cheese maker Mulia Boga Raya for $20mMulia Boga Raya sells cheddar cheese under the brand name Prochiz
An experimental horror ARG is testing the boundaries of AI art
According to ancient Nine Inch Nails (NIN) lore, we’re living in Year Zero, which began on February 10th, 2022. It’s a period of extreme dystopia, where a fundamentalist religious government oversees an omniscient Bureau of Morality and a strange phenomenon known as “The Presence” — two massive spectral arms reaching from the sky — is… Continue reading An experimental horror ARG is testing the boundaries of AI art
Ventje VW campervan review: ‘work from home’ from anywhere
Volkswagen might build the Transporter cargo van, but Frank Westland and his team at Ventje in the Netherlands are responsible for turning it into something special: a camper that lets you take your work or family off-grid for an extended weekend and still serve as your daily driver upon return. It’s “the only car you… Continue reading Ventje VW campervan review: ‘work from home’ from anywhere
Twitter aims its most powerful weapon at Elon Musk: his own tweets
So it was a troll after all. Look, I was willing to believe I’d called it wrong after the merger agreement went through. Maybe Elon Musk was serious for a change! Maybe he really did want to own an also-ran social network! Maybe Musk was really looking forward to giving himself ulcers dealing with content… Continue reading Twitter aims its most powerful weapon at Elon Musk: his own tweets
Nothing Phone 1 review: something else
Nothing claims its new Phone 1 can “Bring us back. To us” with “deeper interactions” and “brave simplicity.” It’s not the life-changing phone that Nothing makes it out to be; it’s just a good midrange device with flashing lights on the back. The Phone 1’s unique light-up notification “glyphs” are somewhat useful, but more than… Continue reading Nothing Phone 1 review: something else
James Webb telescope can take detailed photos of our own solar system’s planets and moons
Over the past few days, NASA has released stunning photos of nebulae, groups of galaxies and even the “deepest” view of the universe taken by the James Webb Space Telescope. Now, the agency has released images of something much closer to home that everyone’s new favorite telescope — sorry, Hubble! — has captured. When the… Continue reading James Webb telescope can take detailed photos of our own solar system’s planets and moons
Masan’s German unit invests $53m in UK battery business NyoboltThe Masan unit will own a 15% stake of Nyobolt on a fully-diluted basis.
Vietnamese conglomerate Masan Group, through its indirectly-owned unit H.C. Starck Tungsten Powders (HCS), has reached agreements to invest £45 million ($53 million) in the UK-based, fast-charging Li-ion battery solutions company Nyobolt. Following the transaction, HCS will own a 15% stake in Nyobolt on a fully diluted basis. The transaction will make up the majority of… Continue reading Masan’s German unit invests $53m in UK battery business NyoboltThe Masan unit will own a 15% stake of Nyobolt on a fully-diluted basis.