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Cars.com Tapped As First Automotive Content Partner in Uber Advertising's New "JourneyTV Presents" In-Ride Entertainment Experience
Prnewswire· 2025-09-30 10:30
Core Insights - Cars.com has partnered with Uber Advertising to become the first automotive content partner for "JourneyTV Presents," providing curated car shopping content to Uber riders [1][2] - The partnership aims to enhance the car shopping experience by offering a "Send to Phone" functionality, facilitating a seamless transition from in-ride content to Cars.com [1][2] - Cars.com emphasizes its editorial authority and expertise, which helps engage potential car buyers early in their purchasing journey [2][3] Company Overview - Cars.com is recognized as the leading automotive marketplace, attracting over 25 million in-market consumers monthly [5] - The platform provides essential data, resources, and digital tools to assist consumers in making informed car buying decisions [5] Consumer Insights - Over 70% of consumers visiting Cars.com are undecided about their car make and model, indicating a significant opportunity for targeted content [3] - The platform features more than 13 million consumer-generated reviews, which are crucial for guiding shoppers in their decision-making process [3] Content and Expertise - Cars.com offers proprietary content covering various topics, including affordability, family cars, electric vehicles, and used car shopping tips, developed by in-house automotive experts [4] - Unique reports such as the American-Made Index and Affordability Report enhance the research experience for consumers [4]
Faraday Future Announces Closing of Strategic $41 Million Investment in Qualigen Therapeutics (NASDAQ: QLGN) to Accelerate its Dual-Flywheel & Dual-Bridge Eco Strategy
Globenewswire· 2025-09-30 10:00
Core Insights - Faraday Future Intelligent Electric Inc. is transitioning to a new strategic direction by investing in Qualigen Therapeutics, which is expected to rebrand as CXC10, focusing on crypto and Web3 business [1][2] Investment Details - The total investment in Qualigen Therapeutics amounts to approximately $41 million, with Faraday Future contributing around $30 million and an additional $4 million from YT Jia, the Founder and Global Co-CEO [2] - Other investors include SIGN Foundation, Sequoia Capital, IDG, and Circle [2] Ownership Structure - Following the investment, Faraday Future holds approximately 55% of Qualigen's pro forma common stock, while YT Jia holds about 7%, which he has committed to lock up for two years [3] Strategic Significance - This investment marks a critical milestone in Faraday Future's "Dual-Flywheel & Dual-Bridge" Eco-Strategy, linking electric automotive innovation with crypto and Web3 [3][4] - YT Jia emphasized that this ecosystem aims to create new value for both stockholders and token holders across Faraday Future and CXC10 [4] Company Overview - Faraday Future is a California-based company founded in 2014, focused on disrupting the automotive industry through a user-centric and technology-first approach [4] - The flagship model, FF 91, represents the company's vision for luxury and innovation, with plans to introduce mass production models targeting a broader market [4]
Wall Street Opens Higher Amid Acquisition Buzz and Key Economic Week Ahead
Stock Market News· 2025-09-29 14:07
Market Overview - U.S. equities opened positively on September 29, 2025, aiming to recover from previous week's losses, with major indexes showing resilience and gains at the start of trading [1][2] - The S&P 500 rose to 6672 points, gaining 0.42% from the previous session, while September has been a winning month overall with the S&P 500 up 2.8%, Dow up 1.5%, and Nasdaq up 2.9% [2] Economic Indicators - Personal spending data indicates resilient final demand, with second-quarter GDP growth revised up to 3.8%, but core inflation in services remains a concern for the Federal Reserve [3] - The upcoming September jobs report is expected to show 43,000 new jobs and an unemployment rate of 4.3%, providing critical insights into the labor market [5] Corporate Developments - Electronic Arts (EA) is set to be acquired by an investor consortium in an all-cash transaction valued at approximately $55 billion, representing a 25% premium to EA's unaffected share price [8] - Baker Hughes (BKR) received a significant award from Petrobras for subsea tree systems, expected to boost Brazil's offshore energy sector [12] - Apple (AAPL) shares gained 2.1% on reports of a new AI-powered Siri app, indicating ongoing innovation [12] - Intel (INTC) climbed 3.4% amid speculation of a White House initiative to reduce reliance on overseas chip production [12] - Boeing (BA) advanced 3.6% after regulators restored some oversight powers, signaling increased confidence [12] - AstraZeneca (AZN) plans to list its shares directly on the New York Stock Exchange, replacing its existing ADR listing on Nasdaq [12] - Novartis (NVS) is launching a direct-to-patient platform for its Cosentyx drug in the U.S. [12]
All-electric school bus pilot gearing up in New Mexico
Prnewswire· 2025-09-29 13:00
Core Insights - GreenPower Motor Company Inc. and the New Mexico Economic Development Department have launched a two-year pilot project for all-electric, zero-emission school buses in New Mexico [1][2][3] Project Overview - The pilot project will deploy three GreenPower Type A Nano BEAST school buses in the first year and additional buses in the second year, rotating through various schools for six-week rounds [6] - The state has allocated $5 million for the initial phase and plans to support an additional $15 million after successful pilot phases [5][6] Objectives and Goals - The project aims to assess the viability and reliability of all-electric school buses, focusing on performance, charging infrastructure, and community acceptance [3][7] - It aligns with New Mexico's Energy Transition Act, which targets a 100% zero-carbon electricity supply by 2045 [4] Technical Specifications - The Nano BEAST features a 118 kWh battery pack with a range of up to 140 miles and can accommodate up to 24 passengers [9] - Charging capabilities include Level 2 rates up to 19.2 kW and DC Fast Charging rates up to 60 kW [9] Community Engagement - Participation from local school districts is voluntary, with superintendents expressing enthusiasm for the potential benefits of transitioning to electric buses [8][9]
粤商竞逐未来产业:谋技术突围,探创新之巅
2 1 Shi Ji Jing Ji Bao Dao· 2025-09-29 10:51
Core Insights - The article discusses the rising influence of Guangdong businesses (Yue merchants) in the global economic and technological competition, shifting from traditional manufacturing to technology innovation [2][3][15] - Guangdong enterprises are increasingly focusing on future industry sectors, showcasing their capabilities in AI, robotics, and smart transportation, thus establishing themselves as key players in global technology competition [3][6][10] Group 1: Technological Advancements - Guangdong companies are no longer just manufacturers; they are now competing in critical future industries such as AI, with Tencent's mixed Yuan model and Huawei's Kirin 9020 chip leading the charge [3][6] - New AI models like Kimi and DeepSeek have gained international attention, indicating Guangdong's growing role in the global AI landscape [5][6] - The region is also making strides in robotics, with companies like UBTECH and Zhiqiang demonstrating significant technological breakthroughs [8][10] Group 2: Global Expansion - Guangdong businesses are expanding globally, moving from product exports to brand and technology exports, with a focus on establishing a balanced supply chain [11][12] - Major companies like Midea and BYD are setting up manufacturing bases worldwide, reflecting a shift towards a more diversified and strategic approach to international business [12][13] - The export of high-tech products from Guangdong has seen significant growth, with a 13.3% increase in high-tech product exports in the first half of the year [13] Group 3: Local Adaptation - Successful global expansion requires local adaptation, as seen in TCL's experience in Vietnam, emphasizing the importance of local teams and product localization [14] - Companies like Visionox and EVE Energy are establishing local production bases to enhance their resilience and responsiveness to local markets [14]
X @Bloomberg
Bloomberg· 2025-09-29 10:30
Jaguar Land Rover is set to start making cars again after securing a £1.5 billion loan guarantee from the UK government https://t.co/MabISvFU8k ...
X @The Wall Street Journal
The Wall Street Journal· 2025-09-29 08:44
Jaguar Land Rover Gets $2 Billion U.K. Government Loan Guarantee After Cyberattack https://t.co/9KP1UnOPxn ...
X @Bloomberg
Bloomberg· 2025-09-29 04:44
Toyota’s record sales run, including steady growth in China and North America, has lost steam after a sharp drop back home in Japan https://t.co/30B9zJ4tEo ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-09-28 00:19
Dropped off donuts at Tesla Stockton@TonyQuickBandit https://t.co/OziGj0968TTesla Owners Silicon Valley (@teslaownersSV):Our club will be dropping off donuts across the Bay area today to encourage the Tesla team ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-09-27 17:24
Thank you @tesla BurlingameLet’s have an amazing Quarter https://t.co/9rUqxuBTo5Tesla Owners Silicon Valley (@teslaownersSV):Our club will be dropping off donuts across the Bay area today to encourage the Tesla team ...