Elon Musk drops details about Tesla’s humanoid robot

Tesla Tesla is set to unveil a new humanoid robot, called Optimus, in late September. There’s been a lot of speculation surrounding Tesla’s strategy in entering the robotics market, and a recent post by boss Elon Musk sheds some new light. In the post, published in the China’s Cyberspace Administration’s official publication, Musk continued to… Continue reading Elon Musk drops details about Tesla’s humanoid robot

Tencent plans to sell all or bulk of Meituan stake worth $24b

China’s Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said. Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out… Continue reading Tencent plans to sell all or bulk of Meituan stake worth $24b

Arbe Announces Q2 2022 Financial Results

TEL AVIV, Israel, Aug. 16, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, today announced financial results for its second quarter ended June 30, 2022. Key Q2 2022 Highlights: HiRain Technologies, the leading Chinese ADAS Tier 1 supplier, declared that it is undertaking major OEM and autonomous… Continue reading Arbe Announces Q2 2022 Financial Results

$9.3 Billion Worldwide Automotive OEM Coatings Industry to 2027 – Featuring Akzo Nobel, BASF and Covestro Among Others

DUBLIN, Aug. 16, 2022 /PRNewswire/ — The “Automotive OEM Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global automotive OEM coatings market reached a value of US$ 7.13 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$… Continue reading $9.3 Billion Worldwide Automotive OEM Coatings Industry to 2027 – Featuring Akzo Nobel, BASF and Covestro Among Others

INDIA@75: Splendor, Activa power former allies 

It is nearly 30 years old as a brand but the Splendor continues to be a huge draw in the commuter motorcycle space. Its closest rival is a scooter which is a trifle younger though that has not stopped the Activa from being the leader by miles in its category. Hero and Honda were partners for over… Continue reading INDIA@75: Splendor, Activa power former allies 

@niche: Inverness Campus AV Pilot Project under way : Scotland launches its first autonomous project with Navya002090

Villeurbanne, France, August 16th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announces a […] Villeurbanne, France, August 16th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announces a new partnership with Inverness Campus to deploy a new project with a Navya Autonom®… Continue reading @niche: Inverness Campus AV Pilot Project under way : Scotland launches its first autonomous project with Navya002090

Chairman of the Board Of Avia Solutions Group Gediminas Ziemelis: predicted 46.4% CAGR growth in AI application by 2030 might affect aviation sustainability amid staff shortages

LONDON, Aug. 16, 2022 /PRNewswire/ — The emergence of new aviation technologies, from artificial intelligence (AI) to advanced air mobility, robotics, uncrewed aircraft, ultralight materials, cloud-based data systems, 3D printing, alternative fuels, biometrics, Big Data, and the internet of things (IoT), these advancements are redefining the aviation discourse, given their profound impacts on air transport… Continue reading Chairman of the Board Of Avia Solutions Group Gediminas Ziemelis: predicted 46.4% CAGR growth in AI application by 2030 might affect aviation sustainability amid staff shortages

PHANTASIA Consulting reveals radical Formula 1 concept for a new golden era

The automotive marketing strategy firm decoded the factors behind the golden eras of Formula 1 – and developed new regulations based on their findings for a new, sustainable golden era. HAMBURG, Germany, Aug. 16, 2022 /PRNewswire/ — Amidst the ongoing discussions about the Formula 1 regulations for 2026, a radical concept could disrupt the future… Continue reading PHANTASIA Consulting reveals radical Formula 1 concept for a new golden era

Apple requires employees to work out of its offices thrice a week starting in September

After multiple delays and false starts, Apple now has a solid start date for its hybrid work arrangement. According to Bloomberg and The Verge, the tech giant will start requiring employees who work in its Santa Clara Valley offices to report to office three times a week starting in the week of September 5th. They’re… Continue reading Apple requires employees to work out of its offices thrice a week starting in September

Two Sigma, Soros among big hedge funds positioned for tech comebackTech and growth stocks have come screaming back in recent weeks after a brutal H1

Two Sigma Investments, Hudson Bay Capital Management, and Soros Fund Management were among the prominent hedge funds that added stakes in mega-cap technology companies in the last quarter, positioning themselves to potentially benefit from the recent comeback in growth stocks. Two Sigma Investments, for instance, added a new position in Facebook-parent Meta Platforms Inc of slightly more than 1.5 million shares that were worth $248.5 million at the end… Continue reading Two Sigma, Soros among big hedge funds positioned for tech comebackTech and growth stocks have come screaming back in recent weeks after a brutal H1