All posts tagged: ops

Electrolux plans about billion share issue, tie-up with Midea in North America to shake up ops

Electrolux plans about $1 billion share issue, tie-up with Midea in North America to shake up ops

Published by Sam Flores

April 23 : Swedish appliance maker Electrolux said on Thursday it would launch a 9 billion Swedish crown ($976.34 million) rights issue and unveiled a tie-up with rival Chinese Midea Group in North America to form three joint ventures as it restructures its operations. One of the joint ventures will sell food preservation products for North America, a second JV will operate a food preservation factory in Mexico, and a third will operate a factory in South Carolina as a fabric care unit, Electrolux said in a statement. The funds raised from the rights issue would be used to partly fund the joint ventures and to carry out other restructuring measures across its operations. The appliance maker said it expects to report total negative non-recurring items (NRIs) of approximately 2.4 billion Swedish crowns in the second quarter of 2026 as a result of the partnership, of which approximately SEK 0.9 billion will have a cash impact.   Electrolux expects to sell some assets in Mexico in the third quarter of 2026 and that is expected to generate …

Waymo begins fully autonomous ops with 6th-gen Driver, targets 1M weekly rides

Waymo begins fully autonomous ops with 6th-gen Driver, targets 1M weekly rides

Published by skeptic

Waymo is now running its 6th-generation Driver without safety drivers on public roads, marking the beginning of fully autonomous operations with the company’s latest and most cost-effective hardware stack. The announcement, authored by Waymo VP of Engineering Satish Jeyachandran, confirms that the 6th-generation system, first unveiled in August 2024, is now validated for driverless operations across multiple cities. Waymo describes it as the product of seven years of service and nearly 200 million fully autonomous miles logged across 10+ major U.S. cities. Streamlined hardware, lower cost, broader capability The 6th-gen Waymo Driver cuts the sensor count dramatically: 13 cameras (down from 29), four lidars (down from five), and six radar units, a 42% reduction in total sensors compared to the 5th-gen system running on the Jaguar I-PACE fleet. Despite the reduction, Waymo claims the new suite delivers greater resolution, range, and compute power. At the core of the camera system sits a 17-megapixel imager that Waymo says is a generation ahead of other automotive cameras in resolution, dynamic range, and low-light sensitivity. The lidar system …

Ukrainian spy chief resigns, replaced by special ops veteran – POLITICO

Ukrainian spy chief resigns, replaced by special ops veteran – POLITICO

Published by Sam Flores

Fighters of the Special Operations Center “A” of the SBU conduct unique special operations to destroy military facilities in the deep rear of Russia — airfields, weapons warehouses and arsenals, oil refineries, and factories producing bombs and drones, and other significant targets. Khmara was an architect of Ukraine’s liberation of Snake Island in the Black Sea in 2022. POLITICO first reported that Malyuk was Zelenskyy’s next target as part of an ongoing government reshuffle. But unlike other top spies, Malyuk fought to stay in the SBU, with several Ukrainian military top commanders publicly urging Zelenskyy to let him continue successful operations against Russia, claiming he was effective where he was. Zelenskyy wanted to offer him a top post either at Ukraine’s foreign intelligence service or at the national security council. However, on Monday, it was announced that Malyuk will indeed remain within the SBU but not in the very top position. “I am leaving the position of Head of the Security Service. I will remain within the SBU system to implement world-class asymmetric special operations …