Singapore-based private equity firm Affirma Capital announced that it has agreed to invest $100 million in South Korean cloud managed service provider Metanet Tplatform, which targets to go public in 2023. The deal marks Affirma’s third investment in South Korea through its 500-billion won ($435 million) fifth Korea fund, Ascenta V. It also marks the… Continue reading SG’s Affirma Capital invests $100m in Korean cloud services provider Metanet
Tag: Mobility
Ex-Nissan exec Kelly wants boardroom, not criminal, trial – The Independent
Nearly three years later, former Nissan executive Greg Kelly is still wondering why the questions that led to his arrest and trial in Japan weren’t simply taken up in the automaker’s corporate boardroom. Kelly, an American lawyer who worked for three decades for Nissan Motor Co., is awaiting a verdict in his trial on charges… Continue reading Ex-Nissan exec Kelly wants boardroom, not criminal, trial – The Independent
Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry, Finds Frost & Sullivan
For further information on this analysis, Global Powertrain Outlook 2021, please visit: http://frost.ly/66d “Conventional ICE-powered vehicles face intense competition from powertrain electrification, resulting in lower cost and increased range. Further, with the declining trend of ICE-powered vehicles sales, EVs (BEVs and PHEVs) and even full hybrid electric vehicles (FHEVs) are likely to grow at an impressive… Continue reading Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry, Finds Frost & Sullivan
LG Records 6G THz Band Milestone
August 19, 2021 LG Records 6G THz Band Milestone Open share list Share this content. Successfully Transfers Data Over 100 Meters on 6G THz Band,Leads Development of 6G Communication Technology SEOUL, Aug. 19, 2021 — LG Electronics (LG) successfully demonstrated the transmission and reception of wireless 6G terahertz (THz) data over 100 meters in an… Continue reading LG Records 6G THz Band Milestone
Technology · August 18, 2021 · 10:05 PM UTCMusk’s ‘AI Day’ confronts tough questions about Tesla’s technologyAt Tesla’s “Autonomy Day” event in April …
The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton SAN FRANCISCO, Aug 18 (Reuters) – At Tesla’s “Autonomy Day” event in April 2019, Chief Executive Elon Musk said that by mid-2020 Tesla (TSLA.O) would have over a million self-driving vehicles where riders… Continue reading Technology · August 18, 2021 · 10:05 PM UTCMusk’s ‘AI Day’ confronts tough questions about Tesla’s technologyAt Tesla’s “Autonomy Day” event in April …
@Hyundai: GENESIS PREVIEWS THE IMAGES OF GV60
– The GV60 represents the brand’s first electric vehicle based on dedicated EV platform– Embodies the most dynamic and futuristic exterior design based on ‘Athletic Elegance’– Genesis’ ‘Beauty of White Space’ interior now features EV exclusive details and enhanced sense of space. SEOUL, KOREA – August 19, 2021 – Genesis today officially revealed exterior and… Continue reading @Hyundai: GENESIS PREVIEWS THE IMAGES OF GV60
China Aims Its Propaganda Firehose at the BBC
Chinese trolls and fake news websites have been attacking the BBC in a bid to undermine its credibility, new research published today claims. The online influence operation, which is being linked to the Chinese Communist Party (CCP), is seemingly a response to the BBC’s reporting on human rights abuses against Uyghur Muslims and state-backed misinformation… Continue reading China Aims Its Propaganda Firehose at the BBC
Last-mile delivery firm Airlift nets $85m — the largest ever round for a Pakistan startup
Airlift Technology, an online shopping delivery startup in Pakistan, announced raising $85 million in a Series B funding round, co-led by Harry Stebbings from 20VC and Josh Buckley from Buckley Ventures Ltd. The funding round is the largest-ever round for a Pakistani startup and is equivalent to the entire amount raised by local startups so… Continue reading Last-mile delivery firm Airlift nets $85m — the largest ever round for a Pakistan startup
Uber is showing ads in its core app for the first time — a feature former CEO Travis Kalanick once rejected as bad for users — as it seeks profitability (UBER)
Uber has started showing some ads in its core ride-hailing app as it seeks new revenue models. Its CEO said the company was on track to surpass a $300 million run rate in ad revenue next year. Travis Kalanick opposed ads in the app because they would hurt the user experience, a source said. Uber… Continue reading Uber is showing ads in its core app for the first time — a feature former CEO Travis Kalanick once rejected as bad for users — as it seeks profitability (UBER)
Two senators are calling on the FTC to investigate Tesla’s ‘deceptive and unfair’ claims about Autopilot and Full Self-Driving software (TSLA)
Sens. Blumenthal and Markey have asked the FTC to investigate Tesla over its Autopilot claims. The company’s self-driving technology has been involved in numerous accidents and fatalities. Musk’s statements “demonstrate a deeply concerning disregard for the safety of those on the road,” they said. Loading Something is loading. Two US senators have called on the… Continue reading Two senators are calling on the FTC to investigate Tesla’s ‘deceptive and unfair’ claims about Autopilot and Full Self-Driving software (TSLA)