January 14, 2022 8:08 am
DoubleDown Interactive (DDI), a developer and publisher of digital social casino games, said on Thursday that it had finalized a $1.5 million investment in Epic Games, a leading interactive entertainment firm. DoubleDown invested in Epic Games via a venture fund led and managed by Gorilla PE and NCore Ventures along with a number of major […]
Read moreJanuary 13, 2022 8:32 am
Volkswagen AG (VOWG) on Wednesday reported its lowest sales in 10 years in 2021 as it delivered 8.9 million vehicles. The auto maker also said it expected supply chain conditions to remain volatile during the first half of 2022. Sales at the Volkswagen brand dropped 8.1% year-on-year to just under 4.9 million vehicles, while the […]
Read moreJanuary 12, 2022 11:33 am
IZEA Worldwide Inc, the premier provider of influencer marketing technology, data and services for the leading brands globally, said on Tuesday that it now accepted payments in Bitcoin and Ethereum for its influencer marketing services. In a recent survey of 1,000 participants from the United States, IZEA concluded that influencers were early adopters of cryptocurrency. […]
Read moreJanuary 12, 2022 9:22 am
Ford Motor Company (F) said earlier this week it had appointed Martin Sander, Audi’s former Europe sales chief, as head of its operations in Germany as well as of its passenger vehicles for Europe. The new role will combine the position of chair of Ford-Werke GmbH in Germany and General Manager of passenger vehicles for […]
Read moreJanuary 11, 2022 9:17 am
Luxury car maker Rolls-Royce announced on Monday that its vehicle sales had risen 49% year-on-year to an all-time high in 2021 despite the COVID-19 pandemic, as global demand for luxury vehicles remained robust. Rolls-Royce, which is a unit of German auto maker BMW, said it had sold 5,586 vehicles to clients in over 50 countries. […]
Read moreJanuary 10, 2022 9:54 am
Momentus Inc, a US commercial space company that intends to offer transportation and other in-space infrastructure services, announced last week that President Fred Kennedy had resigned from the company, effective January 21st. Momentus Chief Executive Officer John Rood will assume the role of President, while Chief Technology Officer Rob Schwarz will serve as interim Head […]
Read moreJanuary 10, 2022 8:09 am
FedEx Corp (FDX) said last week that a surge in new Omicron infections had led to staff shortage and delays in shipments transported on aircraft. “The explosive surge of the COVID-19 Omicron variant has caused a temporary shortage of available crew members and operational staff,” the package delivery company said in a statement. FedEx said […]
Read moreJanuary 7, 2022 9:20 am
Michigan-based startup Our Next Energy (ONE) said earlier this week it had tested a prototype of its new battery in a Tesla Model S, which achieved a driving range of 752 miles with a single charge. The company said it intended to initiate production of battery packs that will deliver similar range, nearly double that […]
Read moreJanuary 6, 2022 8:42 am
BMW said earlier this week it had registered record sales of more than 2.2 million vehicles from its BMW brand last year, while exceeding 2019 sales even amid a global chip shortage. “For the first time ever, more than 2.2 million vehicles of the BMW brand were sold,” a spokesperson for the German auto maker […]
Read moreJanuary 5, 2022 11:07 am
Walmart Inc (WMT) said earlier this week it intended to hire over 3,000 delivery drivers in the United States and to build a fleet of fully-electric delivery vans in support of its “in-home” grocery delivery service. Currently, the US retailer employs about 100 drivers and services 6 million homes. It said it expected to reach […]
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