SAN JOSE, Calif. - Monday, 23. January 2023

(BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today the completion of its previously announced $100 million investment (the “Investment”) from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276) on January 19, 2023. The Investment, in the form of convertible preferred stock, was approved at a special meeting of Cepton stockholders on January 11, 2023, and is convertible, beginning on the first anniversary of the issue date, into shares of Cepton’s common stock at an initial conversion price of $2.585 per share.

“We’re happy to announce the closing of the preferred stock investment as we deepen our partnership with Koito,” said Dr. Jun Pei, Cepton’s Co-Founder and CEO. “We plan to deploy the addi ... Read more »

TIANJIN, China - Monday, 23. January 2023

(BUSINESS WIRE)--Tianjin Port Group and Huawei announced this week that the two companies will deepen cooperation to build a digital twin of the port, making it more automated and intelligent. Yang Jiemin, Vice President of Tianjin Port Group, explained that this plan consists of three parts: Construction of new automated terminals, upgrading of traditional terminals, and comprehensive digital transformation.

The Section C Terminal in the Beijiang Port Area of the Port of Tianjin was the world's first smart, zero-carbon port terminal. It entered large-scale commercial operations in October 2021, and has been stably operating ever since. 5G and L4 autonomous driving technologies are applied at this terminal to make it both safer and more efficient. At the terminal, container cranes operate automatically and intelligent robots of the horizontal transportation system frequently come and go. Remotely controlled quay cranes li ... Read more »

Dubai, United Arab of Emiratis - Monday, 23. January 2023

Cloudera, the hybrid data company, today announced it has been positioned by Gartner in the Leaders Quadrant in the 2022 Magic Quadrant for Cloud Database Management Systems (DBMS)1 based on Cloudera’s flagship offering Cloudera Data Platform (CDP). The evaluation was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute.

According to Gartner, “organisations that adopt aggressive metadata analysis across their complete data management environment will decrease time to delivery of new data assets to users by as much as 70%.” The analyst firm also predicts “by 2025, 90% of new data and analytics deployments will be through an established data ecosystem, causing consolidation across the data and analytics market.”

“We’ve heard loud and clear from our customers and the industry that ... Read more »

LUXEMBOURG - Monday, 23. January 2023

Extended partnership will see Kamoa-Kakula Copper Project in the DRC benefit from SES’s O3b high-throughput, low-latency medium earth orbit connectivity to support industry-leading operational technologies and staff welfare

(BUSINESS WIRE)--The Kamoa-Kakula Copper Project in The Democratic Republic of Congo will continue to enjoy high-speed satellite-based connectivity services as part of a new agreement between Ivanhoe Mines and SES, the two companies announced today. The enhanced partnership builds on a successful five-year relationship between SES and Ivanhoe Mines and comes at a time of significant investment in low-latency, high-capacity solutions in the region following the boom in the African mining industry.

The O3b constellation is powering connectivity for leading mining operators, driving a digitalisation revolution for the sector that is helping to increase profitability while improving worker safety and ... Read more »

CHICAGO - Friday, 20. January 2023

Hyatt's transformative growth continues with planned acquisition of Dream Hotel Group, global expansion of Caption by Hyatt brand and organic growth of Hyatt’s global portfolio

(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) shared today that Hyatt is positioned for continued transformative growth in 2023 and beyond with a record pipeline of approximately 117,000 rooms worldwide as of year-end 2022. Notably, nearly one in four pipeline properties is classified as a lifestyle hotel, representing 10 percent of the existing base of hotels, further strengthening Hyatt’s leadership position in the luxury, lifestyle and leisure segments. The significant growth of these high-value properties in Hyatt’s portfolio expands the compelling guest experiences that can further drive World of Hyatt loyalty penetration across the Hyatt portfolio.

A notable driver of this growth is the announced asset-light acquisiti ... Read more »

MUMBAI, IndiaMUMBAI, India - Monday, 23. January 2023 AETOSWire 

Constant Currency Revenue up 16.3% YoY; Order Inflow at USD 1.25 billion

(BUSINESS WIRE)--LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the third quarter ended December 31, 2022, as approved by its Board of directors.

“We are pleased to report a strong Q3 FY23, our first as LTIMindtree,” said Debashis Chatterjee, Chief Executive Officer and Managing Director of LTIMindtree. “The combined entity has started out with a USD 1 billion quarterly revenue run rate, a top-quartile constant currency year-over-year revenue growth of 16.3%, and a robust order inflow of USD 1.25 billion. Our performance speaks to our steadfast client focus through the merger and our resilient client and solutions portfolio. Clients across sectors are evincing keen interest in our unique value proposition ... Read more »

– With Marketing Authorization Submissions in the U.S., European Union and Japan Planned in 2023, Fruquintinib Offers a Potential New Treatment Option for Patients with Refractory Metastatic Colorectal Cancer

– Licensing Agreement for Fruquintinib Strengthens Takeda’s Growing Oncology Portfolio

(BUSINESS WIRE)--Takeda (TSE:4502/NYSE:TAK) today announced that it has entered into an exclusive licensing agreement with HUTCHMED (China) Limited (Nasdaq/AIM: HCM, HKEX: 13) and its subsidiary HUTCHMED Limited, for the further development and commercialization of fruquintinib outside of mainland China, Hong Kong and Macau.

Approved in China in 2018, fruquintinib is a highly selective and potent inhibitor of vascular endothelial growth factor receptors (VEGFR) -1, 2 and 3. Fruquintinib is orally administered and has the potential to be used across subtypes of refractory metastatic colorectal cancer (CRC), regardless of biomarker status.

&ldqu ... Read more »

Small and medium enterprises, non-profit organisations and high schools invited to submit entries before the 2 May 2023 deadline

The Zayed Sustainability Prize, the UAE’s pioneering global award for recognising excellence in sustainability, has officially announced that the 2024 cycle is now open for submissions.

Submissions will be accepted until 2nd May 2023 through the Prize’s online portal. Small to medium enterprises, nonprofit organisations and high schools with sustainability solutions are invited to submit an entry for consideration in one of the five categories of Heath, Food, Energy, Water and Global High Schools.

The Prize’s 2023 award cycle received a record-breaking 4,538 applications from 152 countries, marking a 13% increase in submissions compared to the previous cycle.

Commenting on the launch of the 2024 submissions cycle, H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technolog ... Read more »