GM to cut over 1,200 jobs at EV plant

GM to cut over 1,200 jobs at EV plant

[DETROIT] General Motors will cut about 1,200 jobs at its EV plant in Detroit, as the carmaker responds to slowing demand for its battery cars, Detroit News reported on Wednesday (Oct 29). The company will also lay off 550 people at its Ultium battery facility in Ohio, while temporarily cutting another 850 jobs, the report…

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iX Biopharma raises gross proceeds of S$6.7 million from placement

iX Biopharma raises gross proceeds of S.7 million from placement

The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece [SINGAPORE] Singapore-based speciality pharmaceutical and nutraceutical company iX Biopharma raised gross proceeds of S$6.7 million in a placement to raise funds for its expansion into the US.  The group had intended to raise at least S$5…

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Maksim Chmerkovskiy’s Hottest Takes on Dancing With the Stars

Maksim Chmerkovskiy’s Hottest Takes on Dancing With the Stars

Sharon Osbourne vs. Ashton Kutcher In September 2023, while playing a game called Stir the Pot with her daughter Kelly Osbourne on E! News, Sharon said the That ’70s Show alum was the rudest celebrity she had ever met, branding him, a “rude, rude, rude, rude little boy” and a “dastardly little thing.” He did not respond to her remarks publicly.…

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Qualcomm to take on Nvidia with its own AI chips

Qualcomm to take on Nvidia with its own AI chips

Qualcomm on Monday announced the release of a new series of artificial intelligence chips to compete with the market leader Nvidia, as the race to cash in on the massive AI datacenter buildout heats up. If successful, Qualcomm, a San Diego-based tech giant, could win a spot in the data centers powering AI as customers…

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