Kia Motors announces ‘Plan S’ strategy to spearhead transition to EV, mobility solutions by 2025
Kia to offer 11 EVs by 2025, targeting a 6.6% global EV market share Kia to launch a dedicated EV model in 2021 Kia to reach 25% share of its sales from ecofriendly vehicles by end of 2025 Global annual…
14 Jan 2020 Weather in Cayman
14 Jan Tue 2020 Weather in Cayman SYNOPSIS Fresh easterly winds and rough seas will continue for the next 24 hours as a high pressure system moves over the western Atlantic Ocean with a tight pressure gradient across the northwest…
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Widespread outage on Grand Cayman –Sunday, January 12th 2020
From CUC On Sunday, January 12th over 25 thousand customers from areas in West Bay, George Town, South Sound, Prospect, Savannah, Bodden Town, North Side and East End experienced interruptions to their electricity service for various lengths of time during…
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Terradepth raises $8 million to build a fleet of autonomous deep-ocean data robots
By Darrell Etherington From TechCrunch Plenty of the ocean remains unexplored, even though it’s a huge trove of potentially valuable information. Current methods for mapping and gathering ocean data, especially deep-ocean data, generally require humans in the mix (even if…
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Arbe raises $32 million to bring its high-resolution radar to autonomous vehicles
By Kirsten Korosec From TechCrunch It’s not enough for an autonomous vehicle to see the world around it. These vehicles need to understand in real time what they’re seeing. That understanding piece is critical, and it requires being able to…
Intel’s latest acquisition is a $2 billion push into AI
By Christine Fisher From engadget ntel just spent approximately $2 billion to acquire Israel-based AI firm Habana Labs. The partnership will “turbo-charge” Intel’s AI offerings for data centers, Intel said in a press release. Habana Labs makes programmable deep learning accelerators….
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Russia starts antitrust investigation into Booking.com
By Igor Bonifacic From engadget Booking.com has become the latest US tech company to draw the attention of Russia’s Federal Antimonopoly Service (FAS). On Monday, the agency said it plans to investigate the hotel and hostel reservation website for anticompetitive practices….
Taiwan elections: Hong Kong protesters in Taipei celebrate Tsai Ing-wen’s election victory, hold anti-government demonstration
By Kimmy Chung From SCMP Dozens of Hongkongers in Taipei use president’s victory rally as platform to champion their anti-government cause Tsai’s triumph declared a boost for protesters, president tells crowd ‘friends in Hong Kong will be glad’ at outcome…
Study: No strong link between baby powder, ovarian cancer
From Newsmax There’s been a longstanding debate — and a slew of lawsuits — over whether baby powder containing talc plays any role in the development of some cancers. A large new study isn’t likely to settle the controversy any…
Demands for greater information pose most significance impact on global private equity industry: Vistra Private Equity Research 2019
Hong Kong, 13 January 2020 – Private equity (PE) is facing a number of conflicting pressures nowadays with significant regulatory burden and political tension impacting fund managers’ decision-making process. Seventy-one percent (71%) of PE professionals believe demand for greater information flows…
