Autonomous cargo drone airline Dronamics reveals it’s raised $40M, pre-Series A

Autonomous aircraft have long been thought of as having the most potential, though not in the realm of glitzy people-carrying drones so much as the more sedate world of cargo. It’s here where the economic savings could be most significant. Large, long-range drones built specifically for cargo have the potential to be faster, cheaper and… Continue reading Autonomous cargo drone airline Dronamics reveals it’s raised $40M, pre-Series A

PortAventura World opens committed to growth inside and outside the resort with the expectation of exceeding 5.3 million visitors in 2023

TARRAGONA, Spain, Feb. 17, 2023 /PRNewswire/ — PortAventura World has kicked off its longest season, which will last almost 300 days, with the expectation of exceeding 5.3 million visitors, after reaching 5.1 million in 2022. The resort, which will hold its first Carnival for several consecutive weekends, inspired by the festivities in Rio de Janeiro… Continue reading PortAventura World opens committed to growth inside and outside the resort with the expectation of exceeding 5.3 million visitors in 2023

Fleet Management Global Market Report 2023: Sector to Reach $41.54 Billion by 2031 at a 19.52%

DUBLIN, Feb. 17, 2023 /PRNewswire/ — The “Fleet Management Market – A Global and Regional Analysis: Focus on Product, Application, and Country Analysis – Analysis and Forecast, 2022-2031” report has been added to ResearchAndMarkets.com’s offering. The global fleet management market is projected to reach $41.54 billion by 2031 from $8.35 billion in 2022, growing at a CAGR… Continue reading Fleet Management Global Market Report 2023: Sector to Reach $41.54 Billion by 2031 at a 19.52%

PortAventura World opens committed to growth inside and outside the resort with the expectation of exceeding 5.3 million visitors in 2023

TARRAGONA, Spain, Feb. 17, 2023 /PRNewswire/ — PortAventura World has kicked off its longest season, which will last almost 300 days, with the expectation of exceeding 5.3 million visitors, after reaching 5.1 million in 2022. The resort, which will hold its first Carnival for several consecutive weekends, inspired by the festivities in Rio de Janeiro… Continue reading PortAventura World opens committed to growth inside and outside the resort with the expectation of exceeding 5.3 million visitors in 2023

PortAventura World opens committed to growth inside and outside the resort with the expectation of exceeding 5.3 million visitors in 2023

TARRAGONA, Spain, Feb. 17, 2023 /PRNewswire/ — PortAventura World has kicked off its longest season, which will last almost 300 days, with the expectation of exceeding 5.3 million visitors, after reaching 5.1 million in 2022. The resort, which will hold its first Carnival for several consecutive weekends, inspired by the festivities in Rio de Janeiro… Continue reading PortAventura World opens committed to growth inside and outside the resort with the expectation of exceeding 5.3 million visitors in 2023

WiMi Hologram Cloud Unveils A Patent for Interactive Holographic Display System to Boost Web 3.0

BEIJING, Feb. 17, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the publication of a core patent that can provide appropriate technical application and solution for Web 3.0. The patent’s abstract shows that WiMi discloses an interactive holographic display system comprising… Continue reading WiMi Hologram Cloud Unveils A Patent for Interactive Holographic Display System to Boost Web 3.0

Tencent’s ‘extended reality’ plans take a hit amid sobering economic outlook

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said. The world’s largest video game publisher had ambitious plans to build both virtual reality software and hardware at… Continue reading Tencent’s ‘extended reality’ plans take a hit amid sobering economic outlook

WiMi Hologram Cloud Unveils A Patent for Interactive Holographic Display System to Boost Web 3.0

BEIJING, Feb. 17, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the publication of a core patent that can provide appropriate technical application and solution for Web 3.0. The patent’s abstract shows that WiMi discloses an interactive holographic display system comprising… Continue reading WiMi Hologram Cloud Unveils A Patent for Interactive Holographic Display System to Boost Web 3.0

This Week in Transportation News: 10 Stories You Need to See

A roundup of the week’s most newsworthy auto and transport industry press releases from PR Newswire, including a robotaxi hitting public roads and a new electric ferry in California. NEW YORK, Feb. 17, 2023 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR… Continue reading This Week in Transportation News: 10 Stories You Need to See

PENSKE AUTOMOTIVE GROUP ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY OF $250 MILLION

BLOOMFIELD HILLS, Mich., Feb. 17, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that its Board of Directors delegated to management $250 million in authority to repurchase the Company’s outstanding securities.  This repurchase authority is… Continue reading PENSKE AUTOMOTIVE GROUP ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY OF $250 MILLION