Binance withdrawals hit $1.9b in 24 hours, Nansen data saysThe crypto exchange said it had “temporarily paused” withdrawals of the USDC stablecoin.

Binance has registered $1.9 billion of withdrawals in the past 24 hours, blockchain data firm Nansen said on Tuesday, as the world’s biggest crypto exchange said it had “temporarily paused” withdrawals of the USDC stablecoin. How crypto exchanges such as Binance and its now-bankrupt former rival FTX handle customer deposits is under close scrutiny from… Continue reading Binance withdrawals hit $1.9b in 24 hours, Nansen data saysThe crypto exchange said it had “temporarily paused” withdrawals of the USDC stablecoin.

@Ford: Matt Jones

Matt Jones, director of global technology strategy and research and advanced engineering, oversees technology strategy and embedded experience across a wide portfolio. He also leads research activities in electrification, controls, automated systems, robotics, intelligent embedded systems, sustainability, materials and manufacturing. Previously, Jones led the delivery of safety-critical connected intelligent systems as Wind River’s corporate vice… Continue reading @Ford: Matt Jones

@Ford: Jae Park

Jae Park serves as vice president of digital product design for Ford Model e, leading a team of cross-functional product designers to deliver Ford’s future digital product strategy. He comes to Ford from Google, where he served as vice president for Google Workspace UX, working to inspire the organization to reimagine what connecting, creating and… Continue reading @Ford: Jae Park

@Ford: Roz Ho

Roz Ho was named chief connected vehicle software officer, Ford Model e, in October 2022. In this role, Ho works closely with product design teams to lead Ford’s push to develop fully connected, software-defined vehicles. She reports to Doug Field, Ford’s chief advanced product development and technology officer. Prior to Ford, Ho spent more than… Continue reading @Ford: Roz Ho

@GM: SAIC-GM-Wuling Launches Wuling Air EV in China

SAIC-GM-Wuling Launches Wuling Air EV in China 2022-12-12 SHANGHAI – GM’s SAIC-GM-Wuling (SGMW) joint venture today added the all-new Wuling Air EV to its electrified portfolio in China, alongside the Wuling Hong Guang MINIEV, Wuling Nano EV and Baojun KiWi EV. Four variants, including two- and four-seat versions with an electric range of 300 km… Continue reading @GM: SAIC-GM-Wuling Launches Wuling Air EV in China

Uber’s food delivery platform agrees to pay severance to couriers let go ahead of Spain’s Riders Law

Uber’s delivery business in Spain has settled with local labor unions which were challenging its dismissal of more than 4,000 riders in August last year ahead of a labor law reform coming into force — acknowledging the dismissed couriers as staff and agreeing to pay severance equivalent to 45 days’ salary per year worked (via… Continue reading Uber’s food delivery platform agrees to pay severance to couriers let go ahead of Spain’s Riders Law

Boom Supersonic announces Symphony™, the sustainable and cost-efficient engine for Overture

Boom-led collaboration brings together world-class companies across design, manufacturing, and maintenance including FTT, GE Additive, and StandardAero GREENSBORO, N.C. and DENVER, Dec. 13, 2022 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, today announced Symphony, a new propulsion system designed and optimized for its Overture supersonic airliner. Boom also announced that it… Continue reading Boom Supersonic announces Symphony™, the sustainable and cost-efficient engine for Overture

BRP FURTHER STRENGTHENS ITS BALANCE SHEET FLEXIBILITY WITH AN INCREMENTAL US$500 MILLION TERM LOAN

VALCOURT, QC, Dec. 13, 2022 /PRNewswire/ – BRP (TSX: DOO) (NASDAQ: DOOO) announced today that it obtained an incremental US$500 million term loan from certain new and existing lenders under its term loan credit agreement, which proceeds allowed the full repayment of the existing US$100 million term loan B-2 due 2024 and are also expected to… Continue reading BRP FURTHER STRENGTHENS ITS BALANCE SHEET FLEXIBILITY WITH AN INCREMENTAL US$500 MILLION TERM LOAN

MIND TECHNOLOGY, INC. REPORTS FISCAL 2023 THIRD QUARTER RESULTS

THE WOODLANDS, Texas, Dec. 13, 2022 /PRNewswire/ — MIND Technology, Inc. (NASDAQ: MIND) (“MIND” or the “Company”) today announced financial results for its fiscal 2023 third quarter ended October 31, 2022. Revenues from Marine Technology Products sales for the third quarter of fiscal 2023 were $4.9 million, compared to $8.3 million in the third quarter… Continue reading MIND TECHNOLOGY, INC. REPORTS FISCAL 2023 THIRD QUARTER RESULTS

2023 Predictions: AI That Bends Reality, Unwinds the Golden Screw and Self-Replicates

After three years of uncertainty caused by the pandemic and its post-lockdown hangover, enterprises in 2023 — even with recession looming and uncertainty abounding — face the same imperatives as before: lead, innovate and problem solve. AI is becoming the common thread in accomplishing these goals. On average, 54% of enterprise AI projects made it… Continue reading 2023 Predictions: AI That Bends Reality, Unwinds the Golden Screw and Self-Replicates