Scout Motors EVs will use Rivian-VW software and architecture
6 days ago · VW's new offshoot EV company Scout Motors, which revealed its first two vehicles last week, will use the software and zonal architecture being developed by the joint venture between Rivian and the Volkswagen Group. Rivian Chief Software Officer Wassym Bensaid confirmed to TechCrunch at Disrupt 2024 that Scout will leverage the joint venture tech when …
UPDATE 3-Australia sues Optus for 'misconduct' in phone sales to ...
5 days ago · Australia's competition watchdog is taking Singapore Telecommunications-owned Optus to court, alleging it engaged in "misconduct" while selling mobile phones and plans, particularly to vulnerable customers. The Australian Competition and Consumer Commission (ACCC) on Thursday alleged that Optus' conduct disproportionately impacted consumers and …
The WordPress vs. WP Engine drama, explained - Yahoo Finance
6 days ago · The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight between WordPress founder and Automattic CEO Matt Mullenweg and WP Engine, which hosts websites built on WordPress. WordPress technology is open source and free, and it powers a huge …
Salva Health wants to lower breast cancer mortality with its …
5 days ago · Shortly after the competition ended, Agudelo founded Salva Health and began developing the company's first product, Julietta, a small device that measures tissue density with electrodes that attach to each breast and provides results within minutes to a phone, tablet, or computer. Since then, Agudelo graduated from college, interned at PepsiCo ...
India's L&T posts Q2 profit rise on swifter execution of projects
6 days ago · (Reuters) -Larsen & Toubro (L&T), India's largest infrastructure company by market capitalisation, reported a second-quarter profit jump on Wednesday, helped by faster execution of previously-commissioned projects even as order book declined. L&T's results are often seen as a bellwether for infrastructure spending in Asia's third-largest economy, mainly due to the …
India's HDB Financial, a unit of HDFC Bank, files for $1.5 billion IPO
5 days ago · HDFC Bank, which holds a 94.6% stake in the lender, will sell shares worth up to 100 billion rupees, while HDB Financial will issue fresh shares worth up to 25 billion rupees, according to draft papers filed late on Wednesday. HDB Financial said it would use its share of the IPO proceeds for capital requirements, including onwards lending.
BANF’s smart tires for trucks promise to save fuel and lives
Oct 29, 2024 · Tire health has a huge impact on a truck’s fuel efficiency and safety on the road. At least, so says Ron Lee, the head of business development at BANF, a startup that builds hardware and software to monitor tire health. Lee says BANF’s insights are up to 90% accurate, and are useful to everyone from fleet management companies to OEMs to departments of …
China factory output expands for first time in six months
5 days ago · Recommended stories. China's manufacturing output expanded this month for the first time since April, official data showed Thursday, rare good news for leaders struggling to boost activity in the world's second-largest economy.The NBS said Thursday's data release showed the "business climate of the manufacturing industry has rebounded".
Rupee ends October near record low; cenbank quells volatility
5 days ago · MUMBAI (Reuters) -The Indian rupee ended near an all-time low against the dollar on Thursday amid outflows from equities and anxiety over the outcome of the U.S. election, but the central bank's intervention kept the local currency in a narrow range through October. Indian currency market will remain closed on Friday for a public holiday. The Reserve Bank of India's …
Toyota to get Suzuki's first-ever EV as partnership expands
6 days ago · Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of the EV from spring 2025 in its plant in the western Indian state of Gujarat. Shares of Maruti Suzuki climbed about 4% to trade near the session's high after the announcement. The platform for the EV was jointly developed by Suzuki, Toyota and Daihatsu Motor, according to the statement.