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Lewis Hamilton - 1 Mercedes - 1 Pat Symonds - 1 Madeleine Orr - 1 Alex Keynes - 1 Blythe Masters - 1
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Petronas - 1 Team - 1 Prix - 1 Monaco - 1 CNBC - 1 Honda - 1 Audi - 1 E - 1

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6 mentions found


☆ F1's new regulations suggest car makers are not done with the internal combustion engine yet
  + stars: | 2024-06-06 | by ( Chris Hawes | ) www.cnbc.com   time to read: +3 min
If you want to see into the future of car making, the Formula One rulebook has often been a good place to start. But the sport's new regulations suggest that car makers are not pinning all their hopes on electrification. In 2026, F1 cars will be powered by hybrid engines with a 50:50 split between electric-power and internal combustion; crucially, the combustion engine will be powered by synthetic e-fuels. Another is Audi, which left Formula E in 2021 to join F1 in 2026, the same year that the German automotive company will stop producing new combustion engine cars and only release electric vehicles. One of the products Audi is ramping up is synthetic e-fuels, which use renewably-generated electricity to break water into hydrogen and oxygen before combining them with carbon dioxide.
Persons: Lewis Hamilton, Mercedes, Pat Symonds, Madeleine Orr, Alex Keynes Organizations: Petronas, Team, Prix, Monaco, CNBC, Honda, Audi, E, University of Toronto Locations: Montecarlo, Monaco
☆ Motive Partners' Blythe Masters on the Fintech landscape in 2024
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMotive Partners' Blythe Masters on the Fintech landscape in 2024Blythe Masters, Motive Partners, joins 'Fast Money' to talk the state of the Fintech sector, emerging technology, AI deployment and more.
Persons: Blythe Masters Organizations: Motive Partners
☆ This startup that automates SME invoices with AI just raised $8 million. Check out the 10-slide pitch deck Triver used to raise the fresh funds.
  + stars: | 2023-04-18 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
The startup was founded by former Funding Circle executive Jerome Le Luel and is backed by Stride.vc. A London-based startup that will provide instant working capital to SMEs has emerged from stealth with an $8 million funding round. Like most forms of short-term working capital, financing solutions for the SME market are often expensive and time-consuming. Most providers run checks based on e-commerce data, but Le Luel believes that Open Banking data allows for better risk and analytics modeling. The company wants to launch its platform within this quarter and said that it had a "line-of-sight" to a very profitable business by 2027.
☆ Check out the pitch deck credit-card fintech Pliant used to raise a $28 million Series A
  + stars: | 2023-02-21 | by ( Daniel Hüfner | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com   time to read: +1 min
Pliant is a Berlin fintech that provides businesses with corporate credit cards. The startup just raised a $28 million Series A, which was led by SBI Investment. Pliant is a Berlin fintech that offers small and midsize businesses corporate credit cards. The company now has a five-figure number of credit cards in circulation across more than 1,500 small and midsize businesses, Rau added. It recently raised a $28 million Series A financing round, which was led by the Japanese venture-capital firm SBI Investment.
☆ JPMorgan's acquisition strategy is coming under fire. Here are the 15 fintech and consumer-focused deals done by the bank since 2020.
  + stars: | 2023-01-13 | by ( Carter Johnson | Rebecca Ungarino | ) www.businessinsider.com   time to read: +19 min
NutmegDeal details: JPMorgan announced the acquisition in June 2021, paying approximately $1 billion. cxLoyaltyDeal details: JPMorgan said it would buy cxLoyalty's global loyalty division in December 2020. ProxymityDeal details: JPMorgan, Citi, HSBC, and other firms together invested $20.5 million in Proxymity in May 2020. Viva WalletDeal details: JPMorgan said it would acquire 49% of Viva Wallet in January 2022, pending regulatory approval. Christian Petersen-Clausen/Getty ImagesRenovite TechnologiesDeal details: JPMorgan announced on September 12 it plans to acquire Renovite.
☆ Panasonic to start building Kansas battery plant next month
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +3 min
The conglomerate also lowered its full-year operating profit forecast to 320 billion yen ($2.16 billion) from 360 billion yen for the year ending March 31. That compares with a 349.9 billion yen average forecast by 19 analysts. Panasonic posted an 11% drop in second-quarter operating profit, but performed better than analysts' estimates. It reported 86.1 billion yen ($582.54 million) in operating profit for the three months to end-September, versus an average 81.6 billion yen profit estimated by nine analysts, according to Refinitiv data. Panasonic has said that, by 2029, it plans to expand its battery production capacity by three to four times, with most of the increase in North America.
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