Bandwidth Blog & Smile 90.4FM Tech Tuesday: Ferrari Luce $40 million price!
In this week’s Tech Tuesday segment on Smile 90.4FM we discuss the Ferrari Luce and the remarkable price the first unit fetched at an auction. Read more on Bandwidth Blog
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Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio
Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves…
Gatik Raises $200 Million; Series D Led by QIA and KDT as Demand for Driverless Commercial Freight Accelerates
Gatik Announces Series D round Gatik, the leader in autonomous trucking, today announced $200 million in financing as demand accelerates for driverless commercial freight across Fortune 50 retail, grocery and CPG supply chains. The Series D round was led by Qatar Investment Authority (QIA) and Koch Disruptive Technologies (KDT), with participation from Millennium Management, ARK…
Africa: UN Recognizes Restoration Initiative Feeding 4 Million Across the Sahel
Ulaanbaatar, Mongolia — A major revival of degraded land across Burkina Faso, Chad, Mali, Mauritania and Niger was recognized today by the UN as one of three new World Restoration Flagships. Since 2018, the Sahel Integrated Resilience Initiative has strengthened food security and livelihoods for more than four million people by rehabilitating over 335,000 hectares…
300 million Sims a year for 65 million South Africans
MTN South Africa CEO Ferdi Moolman MTN has been putting 90 million prepaid Sim cards into the South African market every year, and estimates the industry as a whole is pushing between 200 million and 300 million a year into a country of about 65 million people, adults and children. The astonishing figures came from…
Africa: GEF Proposes $140 Million Program to Strengthen Drought Resilience
Dar es Salaam, Tanzania — For pastoralists in Arvaikheer — a village in Mongolia’s dry central plains — rain can determine whether there is enough grass for cattle to roam, whether waterholes are replenished and whether families make it through another dry season. But as climate change makes rainfall increasingly unpredictable, even a wet season…
The first Ferrari Luce EV fetches a record $40 million at auction
Ferrari’s highly debated first all-electric vehicle, the Luce, has just silenced its harshest critics by fetching a record-breaking $40 million (R646 million) at a Sotheby’s charity auction during Monterey Car Week. Read: Google unveils Pixel 11 Pro and Pro XL The staggering hammer price crowns this one-of-a-kind “tailor-made” Luce as the most expensive new car…
Yellow Card Secures $40 Million in Strategic Equity Funding to Further Global Expansion
Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand…
Africa: Strengthening El Niño to Push 49 Million More People Into Acute Hunger
Nearly 50 million more people in highly vulnerable communities globally are set to be pushed into acute hunger because of the strengthening El Niño weather phenomenon, the UN World Food Programme (WFP) said on Wednesday. In response, the agency and partners are already boosting efforts in eight countries to protect some of the most vulnerable…
teamLab Borderless in Tokyo Welcomes Over 4 Million Visitors from more than 185 Countries
teamLab Borderless: MORI Building DIGITAL ART MUSEUM in Tokyo Welcomes Over 4 Million Visitors from more than 185 Countries teamLab Borderless: MORI Building DIGITAL ART MUSEUM (teamLab Borderless) in Tokyo has welcomed over 4 Million visitors as of July 31, 2026, approximately 2 years and 5 months since its opening.*1 This press release features multimedia….