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Hut 8 buys M30S equipment from Foundry Digital

December 8, 2021 1:20 pm
Hut 8 Mining Corp (HUT), one of North America’s largest, innovation-focused digital asset mining pioneers, said on Tuesday that it had signed an agreement with Foundry Digital LLC to buy 2,505 MicroBT M30S machines, which are currently installed at Hut 8’s site in Medicine Hat, Alberta, Canada. The transaction, which is expected to be finalized […] Read more

Pinterest buys Vochi, a video creation and editing app

December 8, 2021 11:50 am
Pinterest said earlier this week it had acquired Vochi, a video creation and editing app focused on democratizing quality tools for creators, established in 2019. The acquisition of Vochi comes as part of Pinterest’s commitment to helping creators bring more quality video content to the site, it said. Financial details of the acquisition, however, were […] Read more

Air New Zealand’s local business could expand by 20%-30%, CEO says

December 8, 2021 9:52 am
Air New Zealand Ltd could expand its domestic business by between 20% and 30% from pre-COVID 19 levels over the upcoming several years, according to the company’s CEO. Air New Zealand’s domestic capacity, which is currently running at almost 40% of pre-pandemic levels, should start to recover from next week, with travel restrictions on Auckland […] Read more

Renault revises down job cut forecast for 2022-2024

December 7, 2021 10:05 am
Renault SA (RENA) announced yesterday that it had revised down its forecast for engineering and support jobs cuts in France for the period 2022-2024 to 1,700 from 2,000, as previously expected. Those reductions came on top of the 4,600 positions the French auto maker announced last year would be cut as part of a cost-cutting […] Read more

Amgen raises Q1 2022 dividend by 10%

December 6, 2021 9:59 am
Amgen Inc (AMGN) said last week that its Board of Directors had declared a $1.94 per share dividend for the first quarter of 2022, or a 10% increase. The dividend is to be paid on March 8th 2022 to all stockholders of record as of the close of business on February 15th 2022, the company […] Read more

Toyota expects all European new vehicle sales to be zero-emission models by 2035

December 5, 2021 6:11 pm
Toyota Motor Corp (7203) said on Friday that it expected all new vehicle sales in Western Europe to be zero-emission models by 2035, while by 2030, at least 50% of the company’s model mix is expected to be zero-emission, including electric vehicles and hydrogen fuel cell cars. Similar to other vehicle makers, Toyota is introducing […] Read more

Scientific Games acquires Swedish games developer ELK Studios

December 2, 2021 12:39 pm
Scientific Games Corporation (SGMS) has strengthened its original iGaming content offering and production capabilities with the acquisition of innovative games developer ELK Studios. Based in Stockholm, ELK Studios has a long history of producing carefully crafted games with ground-breaking mathematics, superb artwork and a mobile-first focus. Hit releases from this digital studio include Wild Toro […] Read more