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Toyota is testing a new electric GR sports car, chairman reveals

Longtime Toyota leader and grandson to the company’s founder, Akio Toyoda, revealed Thursday the company is working on its first electric GR sports car. After the company fell behind early as the industry began adopting fully electric vehicles, Toyoda stepped down as CEO in January. One of the most well-known critics of going all in on electric vehicles, Toyoda, said, “To advance change at Toyota, I have reached the decision that is best for me to support a new president while I become…

ISRO Decided Not to Rush Its Gaganyaan Project to Space, Says Chairman S Somanath

Indian Space Research Organisation has decided not to rush its Gaganyaan project, the manned mission to space, as it wants to ensure that the country's first human space flight is a 'sure shot safe mission', said its chairman S Somanath here on Thursday.Gaganyaan was set to launch in 2022 but due to COVID-19 there was an inordinate delay, Somanath told reporters during the international conference on Spacecraft Mission Operations (SMOPS-2023)."We have a different thinking now. Our thinking is like this that we don't want…

GameStop Shares Fall as It Fires CEO and Names Ryan Cohen Executive Chairman

Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer. Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do…

GameStop fires CEO, names Ryan Cohen executive chairman

Traders work on the trading floor at the New York Stock Exchange (NYSE) below GameStop signage in New York, August 8, 2022.Andrew Kelly | ReutersGameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said Wednesday. Shares of GameStop dropped more than 20% in extended trading after the video game retailer announced the termination. It released the news on the same day it reported its revenue dropped and its loss narrowed in its fiscal…

Chris Licht is out as chairman of CNN

Chris Licht, the beleaguered chairman of CNN, is stepping down.The company announced his departure Wednesday at the news network’s daily editorial meeting. It marks a rapid and spectacular fall for the executive leading the cable news channel.Licht has been under fire since last week when a lengthy Atlantic magazine piece outraged top executives in the company along with the rank and file.Amy Entelis, a veteran TV news executive most recently in charge of the network’s long-form content, is stepping up to oversee the…

Raymond chairman Gautam Singhania Buys Newly Launched Ferrari 296 GTB worth Rs. 6.37 Crore, Check Details

Ferrari 296 GTB (Photo: Sharukh Shah/ News18.com)It has been reported that this is Gautam Singhania's second 296. He also owned another one in red colour, which he keeps it in his London residence.India’s top fabric brand Raymond Group’s chairman Gautam Singhania, best known for his business mindset, also has a soft corner for luxury cars. And, his recent purchase is clear proof of it. The business tycoon recently widen up his garage by adding a brand new white color Ferrari 296 GTB in his colletion, which comes at the…

Raymond chairman Gautam Singhania buys a Ferrari 296 GTB supercar worth Rs. 6.37 crore

Gautam Singhania, the owner of the prestigious Raymond Group, is known not only for his business acumen but also for his unwavering love for supercars. With an unbridled passion for speed and luxury, Singhania has established himself as a connoisseur of automotive excellence. Recently, he added another gem to his impressive collection by acquiring the magnificent Ferrari 296 GTB. With its stunning design and powerful performance, the Ferrari 296 GTB perfectly complements Singhania’s discerning taste. The Ferrari 296 GTB…

Wema Bank appoints new Chairman

The Board of Directors of Wema Bank Plc. (the Bank) has announced the appointment of Oluwayemisi Olorunshola as its new board chairman. The appointment is further to the retirement of the current board chairman, Babatunde Kasali, who proceeds on retirement having attained the retirement age in line with the Bank’s Articles of Association. Mrs Olorunshola joined the bank as a non-executive director in 2022 and, until her new appointment, was the chairman of the board’s Nomination and Governance Committee. Before…

ISRO Chairman ‘Confident’ India’s Moon Mission Chandrayan-3 Will Launch in July

Indian Space Research Organisation (ISRO) Chairman S Somnath on Monday said that the Chandrayaan-3- the third edition of India's mission to the moon- will be launched this July.Chandrayaan-3 is a follow-on mission to Chandrayaan-2 to demonstrate end-to-end capability in safe landing and roving on the lunar surface."I am very confident..." said Somnath today on the lunar mission.The ISRO chairman was speaking after the space agency successfully placed the NVS-01, the first of the second-generation satellite series, into…

Foxconn Chip Boss Tipped to Be Taiwanese Group’s Next Chairman

The world's largest contract manufacturer Foxconn is poised to nominate the head of its chip business as chairman to succeed Terry Gou, who plans to run in Taiwan's presidential election, two people with direct knowledge of the matter said.Liu Young, 63, is also a board member of Foxconn's Japanese electronics unit Sharp.The nomination would come after Gou, 68, told Reuters in April he planned to step down as chairman of the Apple supplier so younger talent could move up the ranks.Liu's possible appointment came as a…