Photo credit: James / Wikimedia Commons Here’s a wrap of the day’s top tech headlines. Social media Grindr picked up by Kunlun (China/US). Chinese gaming company Kunlun has acquired the remaining 37 percent stake of gay dating app Grindr in a US$152 million deal. It purchased around 62 percent of the US-based firm’s shares in… Continue reading Asia tech news roundup – Jan 9
Tag: M and A
Volta Charging First U.S. Partner of Subject’s Global Open EV Charging Network interchange
CES, Las Vegas, 01/09/2018 – Hubject, Inc. and Volta Charging, announce today Hubject’s first North-American partnership. Hubject, a business and software platform, operates intercharge, the world’s first and largest interoperable EV charging network and marketplace with more than 63,000 EV charging ports already accessible in Europe and Japan. Volta operates the largest and most utilized… Continue reading Volta Charging First U.S. Partner of Subject’s Global Open EV Charging Network interchange
Short-time work for 6 months: Opel presses with all means against dismissals
09/01/2018 Short-time work for 6 months Opel is using all means against dismissals REUTERS Opel in Rüsselsheim: At the headquarters, the administration and development of short-time work is affected Fewer temporary workers, earlier retirement and from now six months short-time working – Opel tries everything to avoid redundancies. In the UK, on the other hand,… Continue reading Short-time work for 6 months: Opel presses with all means against dismissals
China Car-Sharing Giant Didi Chuxing Buys Bluegogo To Launch Massive Bike-Sharing Platform
China’s fractured bike sharing industry just became more complex as car ride sharing giant Didi Chuxing announced the launch of a comprehensive bike-sharing platform. Under the plan, Didi’s car sharing app will integrate the services of its newly acquired bike sharing firm Bluegogo, as well as bike sharing giant ofo and potentially other bike-sharing partners.… Continue reading China Car-Sharing Giant Didi Chuxing Buys Bluegogo To Launch Massive Bike-Sharing Platform
2018 CES: Intel, in Collaboration with Ferrari North America, Accelerates Race Car Drivers and Fans to Next-Level Experiences Powered by Artificial Intelligence
Today in his opening keynote address at the 2018 International Consumer Electronic Show (CES) in Las Vegas, Intel CEO Brian Krzanich announced a three-year partnership with Ferrari* North America that will bring the power of artificial intelligence to the Ferrari Challenge North America Series, one of three geographically diverse championship series. Beginning this year, race… Continue reading 2018 CES: Intel, in Collaboration with Ferrari North America, Accelerates Race Car Drivers and Fans to Next-Level Experiences Powered by Artificial Intelligence
Intel Partners with BMW, Nissan, SAIC Motor, Volkswagen, Paramount Pictures, Ferrari North America to Showcase Power of Data at CES
Consumer Electronics Show (CES), Las Vegas, Jan. 8, 2018 – In the opening keynote for CES 2018, Intel CEO Brian Krzanich highlighted how data is transforming the world around us and driving the next great wave of technology innovation, from autonomous driving to artificial intelligence (AI) to virtual reality (VR) and other forms of immersive… Continue reading Intel Partners with BMW, Nissan, SAIC Motor, Volkswagen, Paramount Pictures, Ferrari North America to Showcase Power of Data at CES
Intel and Mobileye partner with China’s SAIC on self-driving
Intel is making strides with its China business in the automotive and autonomous driving industry, with new partnerships announced today at CES 2018 with Chinese automaker SAIC, and also with the leading navigational map player in China, called Navinfo to integrate and localize REM data. These partnerships give Intel a key means of additional access… Continue reading Intel and Mobileye partner with China’s SAIC on self-driving
Aston Martin Seeks $6.8 Billion Value in Potential IPO
Aston Martin is targeting a valuation of as much as 5 billion pounds ($6.8 billion) in a potential initial public offering of the British sports car maker, according to people familiar with the matter. The manufacturer has held preliminary talks with advisers about a valuation including debt that would put it on par with Ferrari NV,… Continue reading Aston Martin Seeks $6.8 Billion Value in Potential IPO
FAW-VW sells over 2m cars in 2017
CHANGCHUN – The Sino-German auto joint venture FAW-Volkswagen (FAW-VW) saw its sales volume exceeding 2 million in 2017, up by 5 percent year-on-year, the company said Friday. According to the company, based in Changchun of Northeast China’s Jilin province, it sold over 1.405 million Volkswagen cars and 595,288 Audi cars, registering an annual growth of… Continue reading FAW-VW sells over 2m cars in 2017
GAC Honda to buy out other Honda China stakeholders
Visitors look at a Honda CR-V at an auto show in Dongguan, Guangdong province. [Photo provided to China Daily] Joint venture GAC Honda Automobile is moving to take over Honda Automobile (China), enhancing its productivity with the additional capacity of the Japanese brand’s currently plant in Guangzhou, Guangdong province. GAC Group has approved a deal to… Continue reading GAC Honda to buy out other Honda China stakeholders