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Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion

Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion

GTCR to Acquire Once For All from Warburg Pincus

Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus

Bahamas to Enter Agreements with Kingdom of Saudi Arabia

NASSAU, Bahamas, July 21, 2023 /PRNewswire/ — The Honourable I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation is leading a delegation of tourism officials to the Kingdom of Saudi Arabia for three days of meetings culminating in the signing of a multi-million-dollar contract with the Saudi Fund for Development… Continue reading Bahamas to Enter Agreements with Kingdom of Saudi Arabia

Waymo pushes back its self-driving truck efforts to focus on ride hailing

The company wants robotaxis to become successful first. Don’t expect to see many Waymo-powered autonomous big rigs in the near future. Waymo now plans to “push back” its driverless trucking efforts and shift its attention toward its One ride-hailing service. The move will help the company concentrate on making these self-driving taxis a “commercial success,”… Continue reading Waymo pushes back its self-driving truck efforts to focus on ride hailing

X tells advertisers to spend $1,000 per month or risk losing verification status

Musk says it’s to prevent scammers from creating millions of accounts. Amid its rebranding to X, Twitter is reportedly hardballing advertisers in an effort to increase its bottom line. Reports earlier this month suggested that Twitter’s revenue had dropped by a staggering 50 percent. The company’s latest strategy to increase revenue, according to The Wall… Continue reading X tells advertisers to spend $1,000 per month or risk losing verification status

LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023

LGES posts quarterly revenue of KRW 8.774 trillion, operating profit of KRW 461 billion in the second quarter of 2023 The company records strong first half-year performance by strengthening competitiveness amid growing EV demands in the U.S. market LGES aims for over mid-30 percent annual revenue growth despite market uncertainties, with solid product competitiveness and diverse… Continue reading LG Energy Solution Records Steady Gains in 2Q, Increases Revenue Guidance for 2023

John Lau takes legal action against Heath Zarin, EV Cornerstone

Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone

H World Announces Preliminary Q2 Operating Results

RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results

EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023

HUIZHOU, China, July 24, 2023 /PRNewswire/ — Alexander Holden, the Senior Vice President of the International OEM Department at EVE Energy (SHE: 300014), a leading lithium-ion battery manufacturer, revealed that the Company will place great importance on expanding its presence in global markets to better serve their international customers by planning green battery factories in Europe and… Continue reading EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023