GM CEO warns China’s EV price war is a ‘race to the bottom’ despite push for affordability

Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally under intense pressure. Although she called it a “race to the bottom” with many companies losing money, Barra admitted that the American automaker isn’t immune. “It has become a race to the bottom with pricing and… Continue reading GM CEO warns China’s EV price war is a ‘race to the bottom’ despite push for affordability

Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China

Carlos Tavares, chief executive officer of Stellantis NV, beside a Citroen C5 Aircross Concept automobile at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024. Bloomberg | Bloomberg | Getty Images PARIS, France — Several of Europe’s biggest carmakers unveiled low-cost electric vehicles (EVs) at the Paris Motor Show this week, seeking… Continue reading Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China

German FAZ: “Paul fought against violence in traffic, now it has killed him”007962

Almost 1,000 people gathered in front of the Parish Church of La Madeleine in Paris on Wednesday evening to commemorate the cyclist Paul Varry, who was killed nearby the previous day. They laid flowers and lit candles in front of photos of the young man on his bike. The case caused horror throughout France. The… Continue reading German FAZ: “Paul fought against violence in traffic, now it has killed him”007962

@Toyota: Toyota GAZOO Racing Unites with Toyota North American Motorsports

Toyota Racing to change name to Toyota Gazoo Racing North America in 2025 PLANO, Texas (Oct. 17, 2024) – Toyota Motor North America (TMNA) announced today that its racing division, Toyota Racing, will formally become Toyota Gazoo Racing North America prior to the start of the 2025 motorsports season with all of its motorsports efforts… Continue reading @Toyota: Toyota GAZOO Racing Unites with Toyota North American Motorsports

The Annapurna-published cycling adventure Ghost Bike is now Wheel World

Ghost Bike is dead; long live Wheel World. The scenic cycling adventure from the creators of Nidhogg was revealed in 2023 with a darker storyline. After design pivots to “make it more fun to play” (always a good idea!), the new naming convention matches its lighter tone. Initially slated for this year, the Annapurna-published game… Continue reading The Annapurna-published cycling adventure Ghost Bike is now Wheel World

SMCI Investors Have Opportunity to Lead Super Micro Computer, Inc. Securities Fraud Lawsuit

Shareholders with losses of $100,000 or more are encouraged to contact the firm.  LOS ANGELES, Oct. 17, 2024 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI). Class… Continue reading SMCI Investors Have Opportunity to Lead Super Micro Computer, Inc. Securities Fraud Lawsuit

Education Cannot Wait Announces US$20 Million Multi-Year Resilience Programme Catalytic Grant in Syria, Total ECW Funding Tops US$77 Million

The grant, implemented by a consortium led by Save the Children, targets 80,000 children and builds on ECW’s ongoing support in Syria which has already reached 610,000 girls and boys. NEW YORK, Oct. 17, 2024 /PRNewswire/ — Over the course of 13 years of conflict and crisis, Syria has faced multiple challenges, including earthquakes, economic… Continue reading Education Cannot Wait Announces US$20 Million Multi-Year Resilience Programme Catalytic Grant in Syria, Total ECW Funding Tops US$77 Million

NIPPON EXPRESS HOLDINGS schließt den Erwerb von Anteilen an der SH HoldCo GmbH ab, die damit zu einer hundertprozentigen Tochtergesellschaft wird

TOKIO, 17. Oktober 2024 /PRNewswire/ — NIPPON EXPRESS HOLDINGS, INC. (nachfolgend „NXHD”) hat mit den Gesellschaftern der SH HoldCo GmbH (nachfolgend „Simon Hegele”) eine Vereinbarung über den Erwerb sämtlicher Anteile an Simon Hegele, einer auf Kontraktlogistik in der Gesundheitsbranche spezialisierten Unternehmensgruppe mit Sitz in Deutschland, getroffen und am 30. September 2024 (japanische Zeit) einen Kaufvertrag… Continue reading NIPPON EXPRESS HOLDINGS schließt den Erwerb von Anteilen an der SH HoldCo GmbH ab, die damit zu einer hundertprozentigen Tochtergesellschaft wird

Two Sudanese brothers accused of launching a dangerous series of DDoS attacks

Newly unsealed grand jury documents revealed that two Sudanese nationals allegedly attempted to launch thousands of distributed denial of services (DDoS) attacks on systems across the world. The documents allege that these hacks aimed to cause serious financial and technical harm to government entities and companies and even physical harm in some cases. The US… Continue reading Two Sudanese brothers accused of launching a dangerous series of DDoS attacks

GBank Financial Holdings Inc. Announces Closing of $20 Million Private Placement of Common Stock

LAS VEGAS, Oct. 16, 2024 /PRNewswire/ — GBank Financial Holdings Inc. (the “Company”) (OTCQX: GBFH), the parent company of GBank (the “Bank”), is pleased to announce the completion of its $20.0 million Private Placement Offering. Raymond James & Associates, Inc. and Janney Montgomery Scott LLC served as financial advisors on the private placement (presentation link). After deducting offering… Continue reading GBank Financial Holdings Inc. Announces Closing of $20 Million Private Placement of Common Stock