• Group revenue up by almost 7% year-on-year to US$13.3 billion

• Pre-tax income (PTI) of US$332 million, up 38% year-on-year

• Net income up 31% year-on-year to US$213 million

• Software and services revenue* grew 38% year-on-year, to more than US$1 billion – now accounting for around 7.6% of Group revenue

HONG KONG-Thursday 13 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Lenovo Group (HKSE: 992) PINK SHEETS: LNVGY) today announced Group revenue in the first quarter of US$13.3 billion, up almost 7% year-on-year (up 10% year-on-year excluding currency impact). Pre-tax income grew 38% compared to the same quarter a year earlier, to US$332 million, while net income also increased by 31% year-on-year to US$213 million. Basic earnings per share for the first quarter were 1.80 US cents or 13.95 HK cents.

“Our outstanding performance last quarter proves that Lenovo has quickly regained momentum from the ... Read more »

 Velodyne Announces Partnership with University of Nevada, Reno to Build Smart and Safer Transportation Infrastructure

SAN JOSE, Calif.-Thursday 13 August 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Velodyne Lidar, Inc. today announced a partnership with University of Nevada, Reno to advance research in transportation infrastructure. The university’s Nevada Center for Applied Research purchased and, in conjunction with the Nevada DOT and Nevada Governor’s Office of Economic Development, is using Velodyne’s lidar sensors in its Intelligent Mobility initiative to collect data aimed at making transportation more efficient, sustainable and safe.

The program has integrated Velodyne Ultra Puck lidar sensors with traffic signals to detect, count and track pedestrians, cyclists and traffic to help improve traffic analytics, congestion management and pedestrian safety. These lidar sensors have been placed at crossing signs and intersec ... Read more »

SAN FRANCISCO-Thursday 13 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global announces its debut in Mali through a Collaboration Agreement with Bamako-based tax and legal firm Juri-Partner, adding a complementary presence as the organization continues its expansion in key markets throughout Africa.

One of the largest firms in Mali, Juri-Partner has grown to include three partners and more than 20 professionals, including two tax specialists. Managing Partner Mamadou Diarra and his team offer a full range of tax and legal services such as business, mining, telecommunications, tax, arbitration and general commercial tax and legal services to private and institutional operations both domestically and internationally.

“We strive to create client relationships built on trust and transparency and are committed to stewardship and independence,” Mamadou said. “Business is becoming increasingly global, and clients’ needs can vary depe ... Read more »