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Geely becomes a co owner of Aston Martin Geely becomes a co owner of Aston Martin

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Geely becomes a co-owner of Aston Martin

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Chinese holding Geely has acquired a 7.6% stake in the British sports car manufacturer Aston Martin. The amount of the transaction is unknown, but judging by the current value of the shares, it could be about 66.3 million pounds (73.8 million dollars).

Geely becomes a co-owner of Aston Martin

It is noteworthy that Geely managed to complete this deal only the second time: the Chinese wanted to buy a stake in the British company back in 2020, but Aston Martin then refused their offer.

The purchase of Aston Martin shares has already been confirmed on the Geely official website. The Chinese holding said in a statement that “Geely can contribute to the future success of Aston Martin.” “We look forward to exploring opportunities to work with Aston Martin”, said Zhejiang Geely CEO Daniel Donghui Li.

The Chinese have not yet disclosed the purpose of participating in the capital of Aston Martin, but it is obvious that the purchase of shares will open up access to technologies and developments that could later be useful for the Lotus brand, another British company in the Geely portfolio.

Previously, Geely bought a 10% stake in Mercedes-Benz Group AG and a 34% stake in the Korean division of Renault SA. In addition, the Chinese holding owns the brands Geely Auto, Volvo, Lynk & Co, Geometry and Zeekr, London Electric Vehicle Company, a London electric taxi and van manufacturer, and Terrafugia, a flying car developer.

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Phones

Apple may sell 15-20 million iPhones less than planned in the quarter

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Apple may sell 15 20 million iPhones less than planned in

Deliveries of top Apple smartphones in the quarter may be much lower than predicted.

Apple may sell 15-20 million iPhones less than planned in the quarter

According to well-known Tianfeng International analyst Ming-Chi Kuo, shipments of the iPhone 14 Pro and iPhone 14 Pro Max could be 15-20 million lower than Apple originally planned. It’s all about shutting down one of the iPhone factories due to the outbreak of COVID-19. In addition, there are continuing protests of workers, which also does not contribute to improving the situation with production.

Apple transferred some of the orders that Foxconn cannot fully fulfill to Pegatron and Luxshare, but we are talking about only 10%.

According to the results for the fourth quarter, Apple can ship 70-75 million devices instead of 80-85 million, which could have entered the market if it were not for the events that have occurred.

Of course, this will also affect revenue. According to Kuo’s forecast, Apple could earn 20-30% less for the quarter.

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Huobi and Tron Jointly Launch Dominica National Token – Dominica Coin

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Huobi and Tron Jointly Launch Dominica National Token Dominica

Crypto exchange Huobi today announced a strategic agreement with the Tron network, DMC Labs, and the government of Dominica. As part of this deal, the parties will jointly issue the world’s first national token, Dominica Coin (DMC).

Huobi and Tron Jointly Launch Dominica National Token - Dominica Coin

Moreover, at the same time, a virtual ID protocol called DID will also be launched on the Tron platform. DMC holders will automatically receive a “digital citizenship” of Dominica.

Dominica DIDs and DMCs will initially be released on the Tron network, which is Dominica’s national blockchain infrastructure. In the future, the developers plan to ensure the interaction of the DMC token with the Ethereum and BSC networks via the BitTorrent Chain protocol. Just like TRX and USDD tokens, DMC will have legal status in the Commonwealth of Dominica and can be used as a means of payment in this country.

DMC will be released on Huobi Prime. The exchange will conduct a distribution of DMC tokens and enable the Dominica DID application for each registered user, the announcement says.

DID holders can also use the ID to issue SBT tokens in the Tron ecosystem. This will open up the possibility for them to become Dominica citizens in a future blockchain-based metaverse.

After paying the fee, you can also receive a printed certificate of your status. However, it is not yet completely clear whether such a document will have legal force outside the country. DID can also be used to complete KYC verification, obtain a loan in Dominica, register a virtual company, and a number of other government services.

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Components

When the GeForce RTX 4090 is a wolf in sheep’s clothing. Card consumption can be reduced by 33% by sacrificing 8% performance

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When the GeForce RTX 4090 is a wolf in sheeps

Contrary to early leaks and rumors, the GeForce RTX 4090 turned out to be very energy efficient and even more economical than the RTX 3090. But Nvidia’s new product can be made even less voracious.

When the GeForce RTX 4090 is a wolf in sheep's clothing.  Card consumption can be reduced by 33% by sacrificing 8% performance

The authors of the QuasarZone resource decided not only to achieve less power consumption from the RTX 4090, but also to achieve this in two different ways. The first is reducing the power limit, but the second is more complex – it is undervolting or reducing the voltage on the GPU.

When the GeForce RTX 4090 is a wolf in sheep's clothing.  Card consumption can be reduced by 33% by sacrificing 8% performance

When the GeForce RTX 4090 is a wolf in sheep's clothing.  Card consumption can be reduced by 33% by sacrificing 8% performance

As you can see from the diagrams, both methods are effective, and in both cases you can achieve an impressive reduction in power consumption with a slight drop in performance. In the case of power limit management, power consumption can be reduced to 268 W, with a loss of only about 6% of performance. Reducing the voltage allows you to achieve power consumption of only 232 watts, sacrificing less than 8% of performance.

Thus, the RTX 4090 can be turned into a mid-range card in terms of power consumption, while keeping its monstrous performance almost unchanged.

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