In a significant development within the Chinese electric vehicle (EV) landscape, Xpeng Motors, a prominent EV startup, has decided to acquire the smart EV development business of Didi Global. As part of the deal, Xpeng will issue around 3.25% of its shares to Didi at HK$64.03 per share, establishing the ride-hailing giant as a strategic … [Read more…]
Alphabet, the parent behind Google and all associated businesses, released numbers for Q3-2023. And while CEO Sundar Pichai may have officially stated to be “pleased” with the financial results, the street thinks otherwise. As Google Cloud continued to show a slowing growth for fourth consecutive quarter, Alphabet’s stock price nose dived by over 6% in … [Read more…]
Boeing sudah membayar $160 juta (£126 juta) kepada Alaska Air untuk mengganti kerugian yang diderita maskapai tersebut menyusul ledakan udara yang dramatis pada bulan Januari. Alaska menyatakan duit tersebut bakal menutupi keuntungan yang hilang didalam tiga bulan pertama tahun ini dan menghendaki pembayaran lebih lanjut didalam lebih dari satu bulan mendatang. Regulator untuk waktu menghentikan … [Read more…]