300% increase in freight costs plague SMEs

Based on the shipping and logistics crisis plaguing the industry since the onset of Covid freight costs have skyrocketed 300% worsening the situation for Indian SMEs who are navigating their business amidst the global pandemic. The shipping and logistics crisis plaguing the industry since the onset of Covid freight costs have skyrocketed 300% , worsening… Continue reading 300% increase in freight costs plague SMEs

M&M revamps its design set up, Create a new Global Design Organisation and ropes in Pratap Bose to lead it

Pratap Bose, Executive Vice President and Chief Design Officer In a move to put design at the centre of its future offerings from two wheelers to trucks, Mahindra & Mahindra, the maker of XUV and Thar sports utility vehicles, on Friday announced creating a new global design organisation for the automotive and farm equipment sector.… Continue reading M&M revamps its design set up, Create a new Global Design Organisation and ropes in Pratap Bose to lead it

Argano Appoints Sri Ayyeppen Chief Revenue Officer

DALLAS, June 11, 2021 /PRNewswire/ — Argano announced today Sri Ayyeppen has been appointed Chief Revenue Officer. Ayyeppen is the co-founder and President of ArganoKeste. As CRO he will report to Argano Group CEO Chip Register. Sri will be responsible for formulating Argano’s global go-to-market offerings and sales processes in collaboration with all platform firms… Continue reading Argano Appoints Sri Ayyeppen Chief Revenue Officer

@niche: Lordstown Motors vs. Workhorse Group: Which Commercial EV Stock Is A Better Pick?000945

A rise in Government initiatives to go electric, along with a rise in demand for zero emission vehicles, especially in the logistics and e-commerce sector, could fuel the commercial electric vehicle (EV) market. According to a MarketsandMarkets research report, the electric commercial vehicle market, which was at an estimated 129,000 units last year, is expected… Continue reading @niche: Lordstown Motors vs. Workhorse Group: Which Commercial EV Stock Is A Better Pick?000945

International Partners And Government Agencies Join Arqit’s Federated Quantum System

LONDON, June 11, 2021 /PRNewswire/ — Arqit Limited (“Arqit”), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System… Continue reading International Partners And Government Agencies Join Arqit’s Federated Quantum System

Phase Four Raises $26m Series B led by New Science Ventures

Phase Four to scale production of its Maxwell engine and accelerate development of higher performance Maxwell engines Tweet this The new capital follows a year of significant growth for Phase Four.  So far in 2021, Phase Four’s Maxwell plasma propulsion engine has been launched aboard multiple commercial small satellites with still more launching throughout the… Continue reading Phase Four Raises $26m Series B led by New Science Ventures

Microsoft preps for its big Windows event with an 11-minute startup sound remix

Microsoft has decided the best way to remind people that it’s launching “what’s next for Windows” during an event on June 24th is with a song. Specifically, a “slo-fi” remix with the Windows 95, XP, and 7 startup sounds all played at 4,000 percent reduced speed. As Gizmodo helpfully points out, that slowdown brings the… Continue reading Microsoft preps for its big Windows event with an 11-minute startup sound remix

Indian early-stage VC 3one4 Capital sees strong demand for latest fund …

“We will definitely be oversubscribed. It will be more than our target of $100 million,” said Pai. “We were expecting it to take the usual one and a half or two years, but we achieved oversubscription in two and a half quarters. So the fundraising has been far ahead of expectations,” he said. The third… Continue reading Indian early-stage VC 3one4 Capital sees strong demand for latest fund …

Dominica’s Housing Revolution Provides Climate Resilient Homes to Ten Families

LONDON, June 11, 2021 /PRNewswire/ — Earlier this week, the Commonwealth of Dominica handed over ten housing units to families in the village of Cochrane. As part of the nation’s Housing Revolution, the homes are climate resilient meaning that they are constructed to withstand weather disasters. During the handing over ceremony, Prime Minister Roosevelt Skerrit… Continue reading Dominica’s Housing Revolution Provides Climate Resilient Homes to Ten Families

G-7 leaders discuss speeding shift toward electric vehicles

Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat climate change. Under one proposal contained in a document seen by Bloomberg, G-7 governments would “strive” to ensure that… Continue reading G-7 leaders discuss speeding shift toward electric vehicles