SoftBank Vision Fund may deploy over $4b in Indian tech bets this year

“In India, we’ve already invested more than $2 billion in 8-9 companies in the first five months of this year…a few deals are yet to be announced. And we will continue to invest if we find the right opportunities. We anticipate investing a similar size in the remainder of this year,” SoftBank Vision Fund CEO… Continue reading SoftBank Vision Fund may deploy over $4b in Indian tech bets this year

IGT Fuels U.S. Sports Betting Leadership with PlaySports Expansion in North Dakota

LONDON, June 3, 2021 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that the Company expanded its sports betting footprint in North Dakota with the recent IGT PlaySports agreement to power retail sports betting at the Dakota Magic Casino and Hotel in Hankinson, N.D. Dakota Magic Casino and Hotel is an entity of… Continue reading IGT Fuels U.S. Sports Betting Leadership with PlaySports Expansion in North Dakota

$ 2.9 Bn growth expected in Global Drayage Services Market during 2021-2025 | Evolving Opportunities with PLS Logistics and ITS ConGlobal | Technavio

NEW YORK, June 3, 2021  /PRNewswire/ — The global drayage services market is set to grow by USD 2.90 billion during 2021-2025, according to the latest market research report by Technavio.  The market is expected to witness a 1.49% YOY growth in 2021 and register a CAGR of 2% during the forecast period. The drayage services market… Continue reading $ 2.9 Bn growth expected in Global Drayage Services Market during 2021-2025 | Evolving Opportunities with PLS Logistics and ITS ConGlobal | Technavio

$2 Billion Worldwide Aircraft Heat Exchanger Industry is Expected to Grow at a CAGR of 9.2% During 2021 to 2026

DUBLIN, June 3, 2021 /PRNewswire/ — The “Aircraft Heat Exchanger Market by Application (Environmental Control System and Engine System), Type (Plate-Fin, Flat Tube), Vendor (OEM, Aftermarket), Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and UAVS), and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The aircraft heat exchanger market is expected to… Continue reading $2 Billion Worldwide Aircraft Heat Exchanger Industry is Expected to Grow at a CAGR of 9.2% During 2021 to 2026

Uber, Lyft, DoorDash and other gig companies said California’s Prop 22 would create opportunity for workers of color. A new study says it ‘legalized racial subordination.’ (UBER, LYFT, DASH, GRUB, AMZN)

Gig companies said labor law exemptions would create better opportunities for workers of color. Instead, California’s Prop 22 “legalized racial subordination,” a new research paper argues. The law worked like 1930s “wage codes” that paid workers in mostly minority industries less. See more stories on Insider’s business page. Last year, Uber, Lyft, DoorDash, Instacart, and… Continue reading Uber, Lyft, DoorDash and other gig companies said California’s Prop 22 would create opportunity for workers of color. A new study says it ‘legalized racial subordination.’ (UBER, LYFT, DASH, GRUB, AMZN)

Tesla’s global market share fell to its lowest level in over 2 years as electric car competition heats up

Tesla’s market share of the global electric-car market fell to 11% in April. The electric-car company’s lead in the US is also narrowing, as Ford and GM build their own EVs. Tesla’s stock fell to its lowest level in three weeks following the news. See more stories on Insider’s business page. Tesla’s grip on the… Continue reading Tesla’s global market share fell to its lowest level in over 2 years as electric car competition heats up

Tesla recalls nearly 8,000 Model 3 and Model Y vehicles over faulty seat belts (TSLA)

Tesla is issuing two recalls that cover nearly 8,000 vehicles with potentially faulty seat belts.  One recall covers vehicles with front seat belts that may be improperly secured to the body.  This week, Tesla said it’s recalling nearly 6,000 cars with potentially loose brake caliper bolts.  See more stories on Insider’s business page. Tesla is… Continue reading Tesla recalls nearly 8,000 Model 3 and Model Y vehicles over faulty seat belts (TSLA)

@GM: GM to Increase Vehicle Deliveries to Customers in U.S., Canada June 3, 2021

GM expects its first-half results will be significantly better than prior guidance and the company is optimistic about the full year DETROIT – Today, General Motors outlined steps it is taking to increase deliveries to dealers and customers in the United States and Canada to meet strong consumer demand for Chevrolet, Buick, GMC and Cadillac vehicles. Production of the Chevrolet Silverado HD… Continue reading @GM: GM to Increase Vehicle Deliveries to Customers in U.S., Canada June 3, 2021

Ford-owned Spin shakes up scooter business with new CEO, e-bikes and city strategy

Spin, the Ford-owned micromobility operator, has added a new CEO, launched a new strategy to capture market share and announced a plan to get back into bike share, although this time with an electric twist.  The flurry of moves suggest that Spin is still trying to figure out the best path forward to push past… Continue reading Ford-owned Spin shakes up scooter business with new CEO, e-bikes and city strategy

Company Insights for the Local Messengers and Local Delivery Industry | Emerging Trends, Company Risk, and Key Executives

NEW YORK, June 3, 2021 /PRNewswire/ — BizVibe has identified the adoption of live tracking as a major trend for the local messengers and local delivery industry. Delivery companies are increasingly implementing live tracking software applications that use GPS to provide real-time delivery updates to customers and enhance customer service. This trend is expected to… Continue reading Company Insights for the Local Messengers and Local Delivery Industry | Emerging Trends, Company Risk, and Key Executives