Possible_Terrorism_Warfare – Page 1264 – I wish I had more to offer

Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens

Micromobility startup Helbiz, which now operates across Europe and the USA, is merging with a special purpose acquisition company (SPAC) to become a publicly listed company, giving it a war chest to potentially roll-up smaller competitors in the space, as well as the resources to expand into “cloud” or “ghost” kitchens as part of a… Continue reading Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens

Chipmaker Xilinx says car supply crunch goes beyond semiconductors

TAIPEI — U.S. chipmaker Xilinx has warned that the supply crunch affecting the auto industry will not be quickly resolved, saying problems extend beyond semiconductor manufacturing to supplies of other materials and components. Victor Peng, Xilinx president and CEO, told Nikkei Asia in an interview that he hoped a serious shortage would not be prolonged… Continue reading Chipmaker Xilinx says car supply crunch goes beyond semiconductors

Panasonic enjoys lift from Tesla but perils lurk ahead

OSAKA — Panasonic now expects group net profit of 150 billion yen ($1.43 billion) for the year ending in March, the company said Tuesday, as its battery supply business with U.S. electric-vehicle maker Tesla is expected to go into the black over a 12-month period for the first time. The figure still represents a 34% slide for the year,… Continue reading Panasonic enjoys lift from Tesla but perils lurk ahead

Insurance rates based on where, when, and how you drive with HERE and Movingdots

More than help drivers when an accident occurs, companies like Movingdots are trying to reduce the number of overall accidents by putting data to work. “Insurance and reinsurance are essential in society as they take away the uncertainty… of an [accidental] event in exchange for a premium,” explains co-CEO of Movingdots, Donato Genovese. But, too often,… Continue reading Insurance rates based on where, when, and how you drive with HERE and Movingdots

Roper Technologies Dips 7% On 1Q Profit Outlook Miss

InvestorPlace Reddit’s r/WallStreetBets Just Took Down a Hedge Fund. You’ll Love What Comes Next. As a member of r/WallStreetBets, a popular Reddit forum, let me tell you this: It wasn’t supposed to ever happen. Our happy band of rag-tag investors was supposed to use our little corner of the internet to exchange risky stock investment… Continue reading Roper Technologies Dips 7% On 1Q Profit Outlook Miss

Faraday Future CEO on going public via SPAC merger

Hyundai wrestles with the risks of embracing Apple

By Hyunjoo Jin, Stephen Nellis 5 Min Read SEOUL/SAN FRANCISCO (Reuters) – Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal. FILE PHOTO: The Hyundai booth displays the company… Continue reading Hyundai wrestles with the risks of embracing Apple

Nidec chief predicts a $3,000-car era with spread of EVs

TOKYO — Car prices will fall to below $3,000 each, creating new demand in India, Africa and the Middle East, said Shigenobu Nagamori, chairman and CEO of the world’s largest motor maker Nidec, on Monday. “The price of a car will drop to as low as 300,000 yen ($2,890), resulting in a spike in demand… Continue reading Nidec chief predicts a $3,000-car era with spread of EVs

China’s BYD raises $4bn war chest to combat Tesla

GUANGZHOU — Chinese electric vehicle maker BYD has raised 29.9 billion Hong Kong dollars ($3.85 billion) from a stock sale, with the proceeds to fortify the company against Tesla’s successful forays in its backyard. BYD issued 133 million new shares in Hong Kong’s stock market priced at HK$225 each, the company said Thursday. This represents roughly… Continue reading China’s BYD raises $4bn war chest to combat Tesla

Elon Musk said it was ‘Not a Flamethrower’

After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018… Continue reading Elon Musk said it was ‘Not a Flamethrower’