Guy Who Invented the Word “Metaverse” Building His Own Metaverse

The science fiction icon who coined and popularized the term “metaverse” is pausing his literary career to build his own. As revealed by Wired, “Snow Crash” author and cyberpunk pioneer Neal Stephenson is working with a crypto bro to create an open metaverse platform that will, its creators hope, be a more decentralized version of… Continue reading Guy Who Invented the Word “Metaverse” Building His Own Metaverse

Queclink Unveils LTE Cat 1 Vehicle Tracker Product Line

SHANGHAI, Sept. 20, 2022 /PRNewswire/ — Queclink Wireless Solutions, a global manufacturer of Internet of Things (IoT) hardware, today announced the launch of its LTE Cat 1 vehicle tracker product line, helping fleet businesses build future-proof tracking solutions in readiness for 2G&3G sunsets. Queclink unveiled LTE Cat 1 product portfolio including the basic GV58CEU, advanced GV305CEU, pro-advanced GV350CEU… Continue reading Queclink Unveils LTE Cat 1 Vehicle Tracker Product Line

ESG moves beyond hype, gains more acceptance from SE Asian firms, investors

As environmental, social and governance (ESG) principles gain acceptance in venture investing and building sustainable businesses, SE Asian firms are taking steps to stay ahead of the curve. Several SE Asian companies and investment firms, especially in Indonesia, have beefed up their ESG team and initiated the release of annual sustainability reports. Go to Source

Malaysia’s respond.io scores $7m in Series A and other SE Asia deals

Malaysian commerce platform respond.io announced raising $7 million in a Series A funding round anchored by early-stage venture investor Headline. The startup, which enables messages from any channel to be responded from one centralised dashboard, added that the funding round was also backed by AltaIR Capital, Smart Partnership Capital, Sterling Oak Group, and Calendula Ventures.… Continue reading Malaysia’s respond.io scores $7m in Series A and other SE Asia deals

Allison Transmission and Anadolu Isuzu Partner on Electric Trucks and Buses

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce a strategic joint cooperation agreement (JCA) with Turkey’s leading bus and truck manufacturer Anadolu Isuzu. As a part of this JCA, Allison eGen Power® 100S electric axles will be integrated into Anadolu Isuzu’s… Continue reading Allison Transmission and Anadolu Isuzu Partner on Electric Trucks and Buses

@Daimler: Mercedes-AMG Motorsport celebrates early GT World Challenge Europe drivers’ title win

Raffaele Marciello (SUI) has secured an early drivers’ title during the Fanatec GT World Challenge Europe Powered by AWS race weekend at Circuit Ricardo Tormo in Valencia. In the final Sprint Cup round of the series on Sunday, the Swiss finished in second place together with his fellow AKKODIS ASP Team driver Timur Boguslavskiy (FIA).… Continue reading @Daimler: Mercedes-AMG Motorsport celebrates early GT World Challenge Europe drivers’ title win

@Ford: Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5B

Adjusted EBIT is a non-GAAP financial measure.  Ford does not provide guidance on a net income basis, the comparable GAAP measure.  Ford’s net income in 2022 will include potentially significant special items that have not yet occurred and are difficult to predict with reasonable certainty, including gains and losses on pension and OPEB remeasurements and… Continue reading @Ford: Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5B

German Handelsblatt: Automaker: What investors should know about the Porsche IPO005241

Porsche Center Dortmund The IPO is imminent. (Photo: Bloomberg) The largest IPO in Europe for more than ten years starts on Tuesday: Then investors can place their orders for shares in Porsche AG. The stock exchange prospectus required for this was published on Monday evening. With the IPO, the sports car manufacturer is to receive… Continue reading German Handelsblatt: Automaker: What investors should know about the Porsche IPO005241

German Handelsblatt: Volkswagen: Why investment professionals are critical of the Porsche IPO005240

Porsche logo Investment bankers are hoping that Porsche’s IPO will act as some sort of icebreaker. (Photo: Reuters) Despite the economic crisis, fears of inflation and market turbulence, the VW Group is serious about the largest German IPO in a quarter of a century. However, the response from investors is mixed. “With Porsche, one of… Continue reading German Handelsblatt: Volkswagen: Why investment professionals are critical of the Porsche IPO005240

XPeng challenges Tesla FSD with City Navigation Pilot, ‘China’s most advanced’ Advanced Driver Assistance System

Chinese EFV automaker XPeng Motors announced it has launched a pilot program for its City Navigation Pilot (NGP) Advanced Driver Assistance System. With its debut, XPeng claims to be the first Chinese company to deliver such an “high-level” ADAS for complex urban driving, continuing to challenge Tesla’s Full-Self-Driving (FSD) technology overseas. XPeng Motors continues to… Continue reading XPeng challenges Tesla FSD with City Navigation Pilot, ‘China’s most advanced’ Advanced Driver Assistance System