SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, Arm said on Saturday, setting the stage for this year’s largest initial public offering. The IPO registration shows that Softbank is pressing ahead with the blockbuster offering despite adverse market conditions, after saying in March that it planned to list Arm in the U.S. stock market. U.S. IPOs, excluding listings… Continue reading SoftBank’s Arm registers for blockbuster IPO in the USArm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and …
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Apple drops lawsuit against former exec who accused company of spying
The case was scheduled to go to trial later this year. After more than three years of litigation, Apple has quietly dropped its lawsuit against Gerard Williams III, the former chip executive the company accused of poaching employees. Williams spent nearly a decade working for Apple, leading development on some of its most important chips… Continue reading Apple drops lawsuit against former exec who accused company of spying
J&T Express Vietnam helps local craft villages expand their reach
HUE CITY, Vietnam, April 28, 2023 /PRNewswire/ — Global logistics service provider J&T Express today announced the signing of a Memorandum of Understanding (MOU) with Hue City, Thua Thien Hue province, to collaborate on developing the local logistics industry and accelerating its digital transformation. As part of the company’s strategy to enhance its global ESG… Continue reading J&T Express Vietnam helps local craft villages expand their reach
nChain invests $4 million in Transmira, a pioneering metaverse platform, to create the new Metaverse Economy
LONDON, April 27, 2023 /PRNewswire/ — nChain, a world leader in Web3 and Blockchain technologies, today announces that it is investing $4 million and taking a 20% equity stake in Transmira, a revolutionary metaverse platform. nChain’s investment offer follows the announcement of a strategic partnership reported in February. Led by industry leader Robert Rice, Transmira’s… Continue reading nChain invests $4 million in Transmira, a pioneering metaverse platform, to create the new Metaverse Economy
QUANTRON Fuels Mobility Revolution with Hydrogen
Quantron US is showcasing a two-step solution to unlock a clean mobility future with hydrogen at the ACT Expo 2023 Quantron’s hydrogen fuel-cell electric (FCEV) semitruck, currently under development, can travel ranges unmatched by other clean-energy options A new announcement will also expand on Quantron’s per-mile pricing model that makes it easy for operators to… Continue reading QUANTRON Fuels Mobility Revolution with Hydrogen
£4BN FOR ‘UK PLC’ ROLLS-ROYCE MOTOR CARS: THE GREAT BRITISH SUCCESS STORY
CHICHESTER, England, April 27, 2023 /PRNewswire/ — Continue Reading The Home of Rolls-Royce Motor Cars, Goodwood, West Sussex (PRNewsfoto/Rolls-Royce Motor Cars) Rolls-Royce Motor Cars unveils results of landmark Economic Impact Analysis Total contribution to the UK economy since 2003 stands at more than £4 billion Annual contribution to economy now exceeds half a billion pounds… Continue reading £4BN FOR ‘UK PLC’ ROLLS-ROYCE MOTOR CARS: THE GREAT BRITISH SUCCESS STORY
FDH Aero Acquires BJG Electronics Group
Acquisition positions FDH Aero as a leading electronics products distributor, with newly added electrical and electronic component capabilities. COMMERCE, Calif., April 27, 2023 /PRNewswire/ — FDH Aero (“FDH”), a global provider of supply chain solutions for the aerospace and defense industry, has acquired BJG Electronics Group (“BJG”), a leading provider of interconnect and electromechanical products for… Continue reading FDH Aero Acquires BJG Electronics Group
Unipart announces 2022 financial results
Revenue increased by 11.6% Profit increased by 27.1% Strong net cash position at year end New contract wins with JCB and Airbus, and expansion of existing business with Jaguar Land Rover, will see around 2,000 people joining Unipart’s UK workforce in 2023 Darren Leigh appointed Chief Executive Officer John Neill continues as full-time Executive Chairman… Continue reading Unipart announces 2022 financial results
Roxtec and Consilium Safety Group announce strategic partnership to enhance marine safety
KARLSKRONA, Sweden, April 27, 2023 /PRNewswire/ — Roxtec, the global leader in modular-based sealing solutions for cable and pipe transits, and Consilium Safety Group, a world-leading provider of fire and gas safety technologies, have announced a strategic partnership to strengthen their marine safety services. “We are two companies with a strong focus on safety, both offering… Continue reading Roxtec and Consilium Safety Group announce strategic partnership to enhance marine safety
Transition to EVs shakes up Jaguar, Land Rover luxury brands. What I think will happen
Say goodbye to the Land Rover brand, and get ready for a smaller, much more expensive model line from Jaguar. Those are the top-line takeaways from Jaguar Land Rover’s new strategy, as first reported by Automotive News. The storied Land Rover brand name will reportedly be relegated to a “trust mark” badge on tailgates —… Continue reading Transition to EVs shakes up Jaguar, Land Rover luxury brands. What I think will happen