A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China at valuations lower than during private funding rounds in so-called blood listings. Unlike tech sector woes elsewhere, triggered mainly by rising interest rates, the misery in China comes from frothy tech markets and disruptions from harsh COVID-19 restrictions. Public offerings at… Continue reading Chinese tech firms forced into ‘blood listings’ as capital dries up
Tag: Possible_Terrorism_Warfare
Hagerty Expands Marketplace Business Adding Digital Classifieds Platform
The platform is Hagerty’s first foray into the private party transaction segment of the collectible car market, estimated to total about 43 million insurable vehicles nationwide.[1] In 2021, Hagerty observed its insurance members buying or selling approximately 280,000 collector cars, representing $9.5 billion in value.[2] “Hagerty classifieds is about giving our members a safe, secure… Continue reading Hagerty Expands Marketplace Business Adding Digital Classifieds Platform
NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
A slowing economy continues to affect the tech industry, as NVIDIA has become one of the first chipmakers to announce a pullback on new hiring, according to memos seen by The New Indian Express and confirmed by Protocol. That lines up its comments during its latest earnings release, when it said that it expects sales of… Continue reading NVIDIA reportedly slows down hiring as it braces for a drop in gaming sales
Huge Facility to Produce 15,000 Tons of Lab Grown Meat Per Year in the US
“Our grandchildren are going to ask us why we ate slaughtered animals.” Big Meat Energy The biggest bioreactor lab designed for cultivating “no kill” meat has announced plans to open up shop in the US and produce a cluck-ton of beef. Good Meat, the lab grown meat division of Eat Just, Inc., announced via press… Continue reading Huge Facility to Produce 15,000 Tons of Lab Grown Meat Per Year in the US
Boeing’s Starliner safely returns to Earth after second test flight
Boeing’s Starliner has returned to Earth safely after docking with the International Space Station for the first time. The six-day Boeing Orbital Flight Test-2 mission came to an end when the spacecraft landed at the US Army’s White Sands Missile Range in New Mexico. It’s the first American capsule to touch down on land instead… Continue reading Boeing’s Starliner safely returns to Earth after second test flight
Quarter of UK cars produced in April were electrified
More than a quarter of all cars produced in the UK last month were electrified, official figures have revealed. In April, 16,010 electrified vehicles – either hybridised or fully electric – rolled off production lines across the country, up 2.1% on the same month a year ago. Battery-electric vehicle output was also up 38.2%. But data from… Continue reading Quarter of UK cars produced in April were electrified
Ford Foundation’s Darren Walker gets France’s highest honor
New York — Darren Walker, Ford Foundation president and preeminent connector and advocate for artists and art institutions, joined the exclusive company of global superstars like Stevie Wonder, T.S. Eliot and Meryl Streep in receiving France’s highest cultural honor. Walker was named commander of France’s Order of Arts and Letters for his work as a benefactor… Continue reading Ford Foundation’s Darren Walker gets France’s highest honor
German Manager Magazin: Volkswagen: Herbert Diess defends commitment in Xinjiang and warns of new block formation001803
Europe’s largest car manufacturer Volkswagen continues to focus on globalization despite the increasing pressure on world trade. “We have this discussion of a new block formation here,” said VW boss Herbert Diess (63) on Wednesday on the sidelines of the annual conference of the World Economic Forum in Davos in front of journalists. Both VW… Continue reading German Manager Magazin: Volkswagen: Herbert Diess defends commitment in Xinjiang and warns of new block formation001803
Finn raises $110M to expand car subscription platform in U.S., Germany
Car subscription platform Finn has raised $110 million in equity to expand in the U.S. and Europe and reach 30,000 subscriptions by the end of the year, according to the company. The funding, which brings Finn’s valuation to “more than $500 million,” comes at a time when consumers are starting to shift away from traditional… Continue reading Finn raises $110M to expand car subscription platform in U.S., Germany
‘BEAM ME UP:’ NATION’S FIRST QUANTUM DRONE PROVIDES UNRIVALED SECURITY
FAU Developing Teleportation Technology for ‘Unhackable’ Wireless Communication BOCA RATON, Fla., May 25, 2022 /PRNewswire/ — Hacked bank and Twitter accounts, malicious power outages and attempts to tamper with medical records threaten the security of the nation’s health, money, energy, society and infrastructure. Harnessing the laws of nature – namely quantum physics – a cutting-edge teleportation… Continue reading ‘BEAM ME UP:’ NATION’S FIRST QUANTUM DRONE PROVIDES UNRIVALED SECURITY