Honda, GM fuel cell venture launches commercial production
By Joseph White BROWNSTOWN, Michigan (Reuters) – General Motors and Honda have begun shipping fuel cell power systems to customers from a factory near Detroit, they said on Thursday, a new test…
Siemens to sell its 50% stake in the Valeo Siemens e-Automotive joint venture
ZURICH – Siemens has agreed to exit its Valeo Siemens eAutomotive joint venture in a deal which will boost the German company’s profits by around 300 million euros ($342.60 million), the German…
Facebook’s cryptocurrency venture to wind down and sell tech assets – WSJ
– Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday,…
Ford, Jiangling form China joint venture to sell SUVs, vans
By Paul Lienert – Ford Motor Co and longtime Chinese partner Jiangling Motors Corp have formed a joint venture aimed at strengthening Ford’s sales efforts and reach in China, the companies said…
SPAC linked to Trump’s venture outperforms others in sector
By Anirban Sen – Shares of the blank-check acquisition firm that agreed to merge with former President Donald Trump’s social media venture have outperformed every other special purpose acquisition company (SPAC), despite…
George Soros Teams Up With Billionaire Who Backed Liberal Disinformation Efforts To Fund Anti-Disinformation Media Venture
Liberal tech billionaire Reid Hoffman, a funder of numerous disinformation projects, is backing a new media venture launched Tuesday that seeks to combat disinformation, according to a report. Hoffman, the founder of…
Stock In Trump’s Social Media Venture Soars 190% Following Announcement
The share price of Digital World Acquisition Corp., the company launching former President Donald Trump’s new social media and entertainment venture, rose nearly 190% following Trump’s announcement of his plans to develop…
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