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X @The Economist
The Economist· 2025-07-25 22:20
Market Concentration - A merger between two Indonesian companies would control approximately 80% of ride-hailing and 66% of food delivery in South-East Asia [1] Regulatory Concerns - The proposed tie-up faces potential obstacles due to reservations from Indonesian officials [1]
X @TechCrunch
TechCrunch· 2025-07-25 15:39
Autonomous Driving Initiatives - Lyft 计划在 2026 年增加自动驾驶班车服务 [1] - Uber 签署了更多自动驾驶协议 [1] Industry Trends - 自动驾驶技术在出行领域的应用正在扩展 [1]
Small-Cap ETFs Rally in July: Will the Momentum Continue?
ZACKS· 2025-07-25 15:02
Core Viewpoint - Small-cap stocks are experiencing significant growth, with the Russell 2000 Index rising nearly 9% in July 2025, outperforming larger indices like the S&P 500 and Nasdaq Composite [1] Group 1: Market Dynamics - Renewed expectations for Federal Reserve rate cuts due to cooling inflation and a slowing job market are driving small-cap stock performance, as lower rates reduce borrowing costs for these companies [3] - Small-cap stocks are trading at a substantial discount of approximately 55% compared to large-cap stocks based on P/E ratios, prompting institutional investors to shift their focus towards under-owned small-cap areas [4] - A rebound is observed in small-cap companies within the financials, industrials, and consumer discretionary sectors, which collectively represent over 50% of the Russell 2000, particularly benefiting regional banks and manufacturing stocks [5] Group 2: M&A Activity and Investor Sentiment - Increased M&A activity is noted among small and mid-sized firms in healthcare, biotech, and tech services, as large-cap companies seek growth through acquisitions, making small-caps attractive targets [6] - Retail investors are returning to small-cap stocks as recession fears diminish, with trading volumes in small-cap names and ETFs rising due to social media influence and AI-driven trading strategies [7] Group 3: Leading ETFs - Avantis U.S. Small Cap Equity ETF (AVSC) has increased by 10.1%, focusing on a diverse group of 1,287 small-cap stocks, with $1.7 billion in assets under management [9] - Invesco S&P SmallCap Value with Momentum ETF (XSVM) is up 9.5%, tracking high momentum value stocks with a focus on financials, holding 122 stocks and $574.1 million in assets [10] - JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) has risen by 9.4%, providing exposure to 749 small-cap stocks with $566.5 million in assets [11] - iShares US Small Cap Value Factor ETF (SVAL) is up 9%, focusing on 250 small-cap companies with a significant portion in financials, holding $140.8 million in assets [12] - WisdomTree U.S. SmallCap Fund (EES) has increased by 8.7%, targeting 901 small-cap companies with $606.9 million in assets [13]
X @Bloomberg
Bloomberg· 2025-07-25 13:25
Partnerships & Deployment - Lyft is partnering with Benteler to deploy autonomous shuttles in the US [1] - The deployment is planned for late 2026 [1] Competitive Landscape - Lyft is trying to catch up with rival Uber in the autonomous vehicle space [1]
158年公司“一夜毁灭”,只因一员工弱密码被黑客“猜中”:数据全锁、被勒索近5000万,700+人瞬间失业
3 6 Ke· 2025-07-24 11:27
Core Insights - The article highlights the vulnerability of even long-established companies to cyberattacks, exemplified by the case of KNP, a 158-year-old transportation company that went bankrupt due to a ransomware attack triggered by a guessed password [1][4][8] - The incident underscores the increasing prevalence of ransomware attacks, particularly in the UK, where the number of such incidents has surged significantly [8][9] Company Overview - KNP, or Knights of Old, is a historic transportation company based in Northamptonshire, UK, with over 500 trucks and a significant presence in the local logistics industry [4] - The company suffered a catastrophic cyberattack in June 2023, executed by the Akira hacking group, which has been active since March 2023 and has targeted over 250 organizations globally, demanding over $42 million in ransom [4][6] Attack Details - The attack on KNP was facilitated by a weak password used by an employee, which was exploited through brute force methods [4][5] - Following the breach, Akira deployed ransomware that encrypted all of KNP's critical business data, rendering the company unable to operate [5][6] Ransom Demand - Akira left a cold and mocking ransom note after encrypting KNP's data, with an estimated ransom demand of up to £5 million (approximately 48.49 million yuan) [6][8] - KNP was unable to pay the ransom, leading to the loss of all data and the eventual bankruptcy of the company, resulting in over 700 employees losing their jobs [8][9] Industry Context - The KNP incident is part of a broader trend, with numerous UK companies experiencing similar attacks, including M&S, Co-op, and Harrods, highlighting a significant rise in ransomware incidents [8][9] - The National Crime Agency (NCA) reported that the frequency of cyberattacks in the UK has increased from 20 to 35-40 incidents per week since 2022 [8] Security Insights - The article discusses the challenges companies face in prioritizing IT security, often viewed as a cost center rather than a profit center, leading to inadequate investment in cybersecurity measures [10][11] - Following the KNP incident, there is a call for mandatory cybersecurity assessments akin to vehicle inspections, emphasizing the need for basic resilience against cyber threats [11][12]
X @TechCrunch
TechCrunch· 2025-07-23 13:01
Uber is finally letting women riders in the US match with women drivers | TechCrunch https://t.co/bd3kO5c1ZB ...
ODYSIGHT.AI AND A MULTINATIONAL TECHNOLOGY GROUP SIGN STRATEGIC COLLABORATION AGREEMENT AIMED TO DEPLOY PREDICTIVE MAINTENANCE CAPABILITIES ACROSS MULTIPLE PLATFORMS
GlobeNewswire News Room· 2025-07-22 12:30
Core Viewpoint - Odysight.AI Inc. has entered a commercial collaboration agreement with a multinational technology group to deploy proof-of-concepts for predictive maintenance technology in heavy vehicles across various sectors, marking a significant expansion beyond aviation [1][4]. Group 1: Collaboration Details - The initial deployment will focus on heavy vehicles in defense, mining, agriculture, and heavy autonomous vehicle sectors [1]. - The collaboration follows successful trials of Odysight.AI's system on a critical aviation component, validating its performance under extreme conditions [2]. - Both parties are exploring expanded deployments in aviation and other sectors, aiming for broader collaborative opportunities [3]. Group 2: Technology and Benefits - The integration of Odysight.AI's solution is expected to enhance platform safety, reduce maintenance demands, lower costs, and improve operational efficiency [3]. - Odysight.AI specializes in Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets, utilizing video sensor-based solutions for critical systems in aviation, transportation, and energy [5]. - The company's technology allows visibility into hard-to-reach locations and harsh environments, providing real-time monitoring capabilities [5]. Group 3: Strategic Importance - The partnership reflects a shared commitment to driving smarter, safer, and more sustainable operations across various industries [4]. - The global partner is recognized for innovation and quality in engineered materials and smart solutions, aligning with Odysight.AI's focus on safety and operational efficiency [4].
X @TechCrunch
TechCrunch· 2025-07-21 16:04
TechCrunch Mobility: Uber makes a bet on premium robotaxis | TechCrunch https://t.co/jBDHcBBco3 ...
🚨 All-In Summit Speaker Announcement: Uber CEO Dara Khosrowshahi
All-In Podcast· 2025-07-18 15:42
the driving force behind one of America's most influential companies. Record high today for Uber. 100% out blast here.Whimo and Uber have announced a partnership. When you have a CEO that's done what DAR has done, you set the bar higher and higher. >> The impact we have on society is significant. We hope to keep building on that impact going forward.And I'm quite optimistic about what the future's going to bring. ...