The recent Australian bushfires have impacted the lives of thousands of people, businesses and dozens of towns throughout the country. An estimated one billion native animals were also killed during the bushfires and more than 11 million hectares of habitat has been impacted – an area comparable to the size of countries such as, Iceland,… Continue reading [BEYOND NEWS] LG AUSTRALIA RESPONDS TO BUSHFIRE RELIEF EFFORT WITH MUCH NEEDED FUNDS & FUN
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Data-Driven Development Process
In the beginning of our journey, we have been hard at work building the fundamental blocks and tools for our AI Driver: the mapping and perception pipeline, the planning and control stack, the infrastructure to record, replay, and simulate data, and the dedicated compute platform. With the basic features in place, we have evolved into… Continue reading Data-Driven Development Process
Spanish plant owned by Denso, Fujitsu preparing to halt production as virus causes shortages
MADRID (Reuters) – A Spanish plant owned by Denso Corp and Fujitsu Ltd is prepared to halt some production of auto electronics components if necessary because of a shortage of parts from China due to the coronavirus outbreak. The factory in Malaga expects to suspend its first production line – which assembles car audio components… Continue reading Spanish plant owned by Denso, Fujitsu preparing to halt production as virus causes shortages
China’s CATL seeks to raise $2.85b for EV battery projects
China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital. The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday. The company… Continue reading China’s CATL seeks to raise $2.85b for EV battery projects
China’s CATL aims to raise $2.85 bln for EV battery projects
A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. Picture taken August 8, 2018. REUTERS/Stringer BEIJING (Reuters) – CATL (300750.SZ), China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a… Continue reading China’s CATL aims to raise $2.85 bln for EV battery projects
US Coronavirus Prep, a Fatal Tesla Crash Ruling, and More News
The US is making coronavirus plans and Tesla has new demands, but first: a cartoon about tricky beauty tutorials. Here’s the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! Today’s News Could the US contain a coronavirus outbreak? On… Continue reading US Coronavirus Prep, a Fatal Tesla Crash Ruling, and More News
Former Executive Director of Nonprofit Sentenced for Illegally Diverting Charity Funds to Unnamed State Senator and Convicted Lobbyist
A former executive director of South Arkansas Youth Services (SAYS), an Arkansas-based nonprofit, was sentenced today to 30 months in prison followed by three years of supervised release for conspiring to unlawfully divert over $380,000 from the charity to an Arkansas state senator and the lobbying firm of a convicted lobbyist. Assistant Attorney General Brian… Continue reading Former Executive Director of Nonprofit Sentenced for Illegally Diverting Charity Funds to Unnamed State Senator and Convicted Lobbyist
Takeda Bases PvP Biologics Buyout on Promising Early Celiac Drug Data
February 26th, 2020 Xconomy San Diego — About three years ago fledgling San Diego-based startup PvP Biologics announced a $35 million deal with Takeda Pharmaceutical that gave the Japan pharma giant rights to acquire the company down the line. That day is here. Takeda (NYSE: TAK) acquired the company for an undisclosed amount up front,… Continue reading Takeda Bases PvP Biologics Buyout on Promising Early Celiac Drug Data
Ford COO Jim Farley lays out brutal reality for investors in first public speech
CLOSE After days of watching the stock price sink faster than competitors, and concerns about the strategic direction of Ford Motor Co., incoming chief operating officer Jim Farley took to the stage to make his first public speech in New York early Wednesday. Investor expectations were high — and ultimately unmet — that he would announce a significant and dramatic plan for re-positioning the company. … Continue reading Ford COO Jim Farley lays out brutal reality for investors in first public speech
Driverless car startup Pony.ai raises $462 million at a $3 billion valuation – VentureBeat
In a sign that investors’ enthusiasm for driverless cars hasn’t dampened yet, Pony.ai today secured a whopping $462 million in fresh funding, $400 million of which came from Toyota. The capital infusion brings the Guangzhou- and Fremont, California-based startup’s total raised to about $800 million at a valuation north of $3 billion (up from $1… Continue reading Driverless car startup Pony.ai raises $462 million at a $3 billion valuation – VentureBeat