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Technology

Pixel Watch bands and faces leak in Amazon listing

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In what is perhaps the biggest Pixel Watch leak yet, a gallery of official-looking images show off the various bands, watch faces, and Fitbit support, among other things, of Google’s upcoming smartwatch.

Posted to SlashLeaks by @OnLeaks, this is one of the biggest leaks of Pixel Watch promotional material to date, and offers our best look yet at what Google is bringing to the table.

Starting with Pixel Watch bands, we get our first good look at four different band designs for the Pixel Watch.

The Pixel Watch band images are, unfortunately, fairly low-res, so it’s hard to tell for sure exactly what materials are being used, but these are our best guesses.

Firstly, we can see all of the silicone colors – black, grey, off-white, and a light green. There appear to be two different leather band styles from there, including one style in black and green, and another in black, grey, and orange. Finally, there appears to be a woven fabric style band for the Pixel Watch which is in vibrant orange and green colors, as well as a more subdued black.

Beyond that, we get a great look at some more Pixel Watch watch faces that we’ve not yet seen. This includes a face that expresses the time only in words, as well as one that shows an artistic landscape.

Digging further into these images, we can see the depth of Fitbit integration, with one image appearing to show ECG support, and another the Pixel Watch next to the Fitbit app. Rounding out the leak, there’s also an image showing an emergency call UI for the watch, as well as Fast Pair on a Pixel phone for setting up the watch.

Notably, it does seem that these images were obtained as least partially from an Amazon listing that briefly went live in Germany. SmartDroid also picked up on that listing, and reports that they were able to actually put in a pre-order for the Pixel Watch.

On Amazon, the Pixel Watch was also confirmed to, at least in some regions, come with six months of Fitbit Premium for free. This is a common perk Fitbit offers for smartwatches, so it’s nice to see it being offered on this Wear OS device.

Other details corroborated by the listing include 5ATM water resistance, the use of Corning Gorilla Glass, Fast Pair support for Pixel Buds, and the new Google Home app.

Unfortunately, the listing appears to have since been taken down.

Google is set to unveil the Pixel Watch in full on October 6, just a few days away, and we’ve already learned a lot about the product. We previously reported that it will cost $349 to start in the US, and will ship with an Exynos 9110 processor and battery life that’s quoted to last around one day.

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Business

Porsche races higher after landmark $72 bln listing

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  • Shares priced at top of indicated range
  • Biggest listing in Germany since 1996
  • Shares rise 4.6% despite weaker stock markets

FRANKFURT, Sept 29 (Reuters) – Porsche AG shares made a strong start on Thursday after Volkswagen (VOWG_p.DE) defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in Germany’s second-biggest market debut ever.

Volkswagen priced Porsche AG shares at the top end of the indicated range and raised 19.5 billion euros from the flotation to fund the group’s electrification drive. Porsche AG stock was trading up 4.6% from the issue price of 82.50 euros at 0927 GMT.

That lifted Porsche AG’s valuation to 78.5 billion euros, close to the market capitalisation of Volkswagen as a whole, which is worth around 81 billion euros, and puts it ahead of rivals like Ferrari (RACE.MI). It is Germany’s biggest listing since Deutsche Telekom (DTEGn.DE) in 1996.

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Porsche AG’s strong start came despite broadly weaker stock markets following red-hot German inflation data. Shares in Volkswagen and holding firm Porsche SE (PSHG_p.DE), which owns a blocking minority in Porsche AG, were down 3.8% and 8%, respectively, as investors switched across.

“This is not exactly a dream environment for an IPO today,” said Thomas Altmann, a wealth manager at QC Partners.

Porsche’s flotation comes as European listings are facing their worst year since 2009, as investors fret about a possible global recession amid soaring inflation, rising interest rates and the war in Ukraine.

Companies in the region have raised $44 billion from equity capital markets deals up to Sept. 27, according to Refinitiv data, with only $4.5 billion from initial public offerings.

“There’s a lot to like about the company, with its aggressive electrification plans, expected strong cashflow generation and premium brand positioning in the market,” Chi Chan, Portfolio Manager European Equities at Federated Hermes Limited, told Reuters.

“However, it is coming to market at a time of unprecedented turmoil and consumer confidence is falling.”

Porsche vs rivals

‘PEARL OF VOLKSWAGEN’

Porsche AG’s Chief Executive Oliver Blume, whose dual role as the new head of Volkswagen has drawn criticism from some investors, hailed the listing as an “historic moment” as he hugged colleagues and rang the bell on a packed Frankfurt stock exchange trading floor.

Volkswagen has said the market’s volatility was precisely why fund managers were sorely in need of a stable and profitable business like Porsche AG to invest in.

“Porsche was and is the pearl in the Volkswagen Group,” Chris-Oliver Schickentanz, chief investment officer at fund manager Capitell, said. “The IPO has now made it very, very transparent what value the market brings to Porsche.”

Faced with tens of billions of costs for a radical shift towards electric mobility and software, Volkswagen executives had long mulled listing Porsche, a move executives hoped would both raise much-needed funds and lift Volkswagen’s own value.

The Porsche and Piech families, whose holding company Porsche SE controls Volkswagen, will in turn solidify their control over Porsche AG as they will own 25%, plus one ordinary share – carrying voting rights – in the sports car brand.

Up to 113,875,000 preferred Porsche AG shares, carrying no voting rights, were sold in the initial public offering.

Bank of America, Citigroup, Goldman Sachs and JPMorgan worked as joint global coordinators and joint bookrunners on the deal, while Mediobanca acted as financial adviser to Porsche.

($1 = 1.0339 euros)

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Reporting by Victoria Waldersee, Emma-Victoria Farr, Hakan Ersen, Christoph Steitz, Sinead Cruise and Pamela Barbaglia; Writing by Victoria Waldersee and Matthias Williams; Editing by Jane Merriman and Mark Potter

Our Standards: The Thomson Reuters Trust Principles.

Emma-Victoria Farr

Thomson Reuters

Reports on European M&A with previous experience at Mergermarket, Bloomberg The Daily Telegraph and Deutsche Presse Agentur.

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Business

China’s Alibaba strives to keep New York listing amid audit dispute

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The logo Alibaba Group for is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S., Aug. 3, 2021. REUTERS/Andrew Kelly/File Photo

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Aug 1 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Monday said it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the Chinese e-commerce giant was placed on a delisting watchlist by U.S authorities.

Alibaba stock was down 4.5% in a near-flat Hong Kong market (.HSI) in early trade, following its 11.1% decline in New York on Friday.

The company on Friday became the latest of more than 270 firms to be added to the U.S. Securities and Exchange Commission’s list of Chinese companies that might be delisted for not meeting auditing requirements. read more

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The Holding Foreign Companies Accountable Act (HFCAA) is intended to address a long-running dispute over the auditing compliance of U.S.-listed Chinese firms.

It aims to remove foreign companies from U.S. exchanges if they fail to comply with American auditing standards for three consecutive years.

Alibaba on Monday said being added to list meant it was now considered to be in its first ‘non inspection’ year.

“Alibaba will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the NYSE and the Hong Kong Stock Exchange,” it said in a statement to the Hong Kong bourse.

U.S. regulators have been demanding complete access to audit working papers of New York-listed Chinese companies, which are stored in China.

Beijing bars foreign inspection of working papers from local accounting firms.

The U.S. rules give Chinese companies until early 2024 to comply with auditing requirements, though Congress is weighing bipartisan legislation that could accelerate the deadline to 2023.

China has said both sides are committed to reaching a deal to solve the audit dispute.

Alibaba said last week it planned to apply to convert its Hong Kong secondary listing to a dual primary listing which would make it easier for mainland Chinese investors to buy its shares. read more

A dual listing would allow Alibaba to apply for admission to Stock Connect, the scheme connecting Hong Kong and mainland exchanges. Analysts estimated there could be $21 billion worth of inflows from mainland investors into Alibaba stock through Stock Connect.

Reuters Graphics Reuters Graphics

Alibaba’s Hong Kong-listed shares have fallen 49% from HK$176 at the time of its secondary listing in November 2019 to HK$90.15 on Monday. In New York its shares were listed in 2014 at $68 each and are trading at $89.37.

Both sets of listed shares are down nearly 25% so far this year as the company battles the delisting threat, ongoing Chinese tech regulation and the prospect of its founder Jack Ma ceding control of the firm’s affiliate Ant Group.

Analysts at Jefferies described Alibaba’s share price drop as a “knee-jerk reaction” to the news of a potential delisting, and added that the 2024 deadline for Chinese American Depository Receipt delisting gives China adequate time to resolve its audit issues.

“China is serious about wanting to resolve the audit issues with the U.S., and talks will continue,” they wrote.

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Reporting by Scott Murdoch in Hong Kong and Josh Horwitz in Shanghai; Editing by Christopher Cushing

Our Standards: The Thomson Reuters Trust Principles.

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Business

China’s Alibaba to apply for dual primary listing in Hong Kong

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A man walks past the Alibaba Group office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang

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  • Expects to add HK primary listing by end-2022, keep NYSE listing
  • Hong Kong shares jump 5%; move will diversify investor base -CEO
  • Seen boosting mainland China investor access to Alibaba shares
  • In line with move Ant execs step down from Alibaba partnership

SHANGHAI, July 26 (Reuters) – Alibaba (9988.HK) will apply for a primary listing in Hong Kong and keep its U.S. listing, the first big company to take advantage of a rule change allowing high-tech Chinese firms with dual class shares to seek dual primary listings in Hong Kong.

The e-commerce giant’s move, announced on Tuesday, comes as both Washington and Beijing sharpen scrutiny over Chinese companies’ listings, and after a devastating regulatory crackdown in China left Alibaba with a $2.8 billion fine and scuppered an initial public offering (IPO) of its affiliate Ant.

Alibaba’s stock jumped 4% at the start of trading in Hong Kong as analysts said the change should give mainland China investors easier access to the shares via a link to the Hong Kong bourse known as the Stock Connect. At 0303 GMT, the shares were up 5% while the Hong Kong benchmark (.HSI) was up 1.2%.

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Already present on the Hong Kong bourse with a secondary listing since 2019, Alibaba said it expects the primary listing to be completed by the end of 2022. Chief Executive Daniel Zhang said the dual listing would foster a “wider and more diversified investor base”.

The move comes after the Hong Kong Stock Exchange (HKEX) in January changed its rules to allow “innovative” Chinese companies – operating an internet or other high-tech business – with weighted voting rights or variable interest entities (VIE) to carry out dual primary listings in the city.

Under a VIE structure, a Chinese company sets up an offshore entity for overseas listing purposes that allows foreign investors to buy into the stock.

“Hong Kong is also the launch pad for Alibaba’s globalisation strategy, and we are fully confident in China’s economy and future,” Alibaba’s CEO Zhang said in a statement.

SWEEPING CRACKDOWN

Alibaba listed on the New York Stock Exchange in September 2014, marking what was at the time the largest IPO in history.

Since 2020, the company’s share price has tanked in both markets, as a sweeping regulatory crackdown by Beijing has battered Chinese tech companies.

At the same time, U.S. regulators have stepped up scrutiny of accounts of Chinese firms listed in New York, demanding greater transparency.

While broad in scope, a core focus of China’s crackdown has been regulators seeking to expand oversight of public offerings.

Last year, Chinese authorities launched a probe into ride-hailing giant Didi Chuxing just after it listed in New York, citing data privacy concerns.

The company later de-listed and began preparations to list in Hong Kong, leading analysts to interpret the probe as driven by a desire on Beijing’s part for data-rich companies to list domestically.

ANT DECOUPLING

Alibaba also found itself in similar crosshairs when regulators abruptly halted Ant Group’s planned $37 billion IPO in Hong Kong in Shanghai in late 2020.

Concurrent with the announcement of its dual primary listing, Alibaba said on Tuesday in its annual financial report that several Ant Group executives had stepped down from their posts in the Alibaba Partnership, a top decision-making body for the e-commerce giant. read more

The departures are part of an ongoing decoupling of the fintech division from Alibaba, spurred by the botched IPO. read more

Justin Tang, head of Asian research at investment advisor United First Partners in Singapore, said that Alibaba’s decision would boost Alibaba shares due to its potential inclusion in Stock Connect.

“With regards to other tech listings of similar kind, this will be the playbook for companies looking to hedge against regulatory risk that Chinese companies are facing on the U.S. bourses,” he said.

In order to switch to a dual primary listing, the HKEX said companies had to have a good track record of at least two full financial years listed overseas, and a capitalisation of at least HK$40 billion ($5.10 billion) or a market value of at least HK$10 billion plus revenue of at least HK$1 billion for the most recent financial year.

($1 = 7.8493 Hong Kong dollars)

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Reporting by Josh Horwitz in Shanghai, Scott Murdoch in Hong Kong; Additional reporting by Anshuman Daga in Singapore; Editing by Kenneth Maxwell

Our Standards: The Thomson Reuters Trust Principles.

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Technology

Mets owner Steve Cohen listing $150M+ NYC megamansion

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Mets owner Steve Cohen isn’t just trading players this summer. 

The hedge fund billionaire may also be making a trade on the home front, where his West Village fortress is unofficially on the market for “well over” $150 million, sources tell Gimme Shelter exclusively.

Cohen’s spokesperson declined to comment. 

The mighty 30,000-square-foot residence, at 703-711 Washington St., is a newly built townhouse — something rare for the historic neighborhood.

Cohen bought 145 Perry St., on the corner of Washington, for $28.8 million in 2012.

He also bought 703 Washington St. for $38.8 million the same year.

Billionaire Mets owner Steve Cohen is secretly looking to find a new owner for his downtown megamansion.
Stefano Giovannini / AP
The residence spans multiple addresses along Washington Street and 30,000 square feet of prime space.
Stefano Giovannini
If you want it, you’ll need to cough up more than $150 million.
Stefano Giovannini

Then he spent years — and tens of millions of dollars — to create a single-family megamansion. 

The lot — a former two-story parking garage — is so big that at one point it was slated to become a seven-story, 93-room hotel. It was also pitched as two $20 million, six-story townhouses.

But the plan morphed into a mansion designed by Leroy Street Studio, with Robert Silman Associates Structural Engineers. 

This time, Cohen’s plans to sell his castle are more, well, discreet. The last time he put his personal residence on the market, he was in for a crushing reality.

In 2013, Cohen listed his Midtown duplex penthouse at One Beacon Court — also known as Bloomberg Tower — for $115 million.

But the 9,000-square-foot residence, designed by late architect Charles Gwathmey, was ultimately subject to a 75% price chop. 

It finally sold for $30.5 million eight years later. (It resold in April for $33 million, according to property records.)   

Cohen’s bronze, terracotta and wood mansion boasts a curving staircase, an elevator, multiple fireplaces, a home theater, a chef’s kitchen, a landscaped roof deck and a rear garden. 

It had been the object of curiosity for years until the scaffolding was removed last year. 

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Technology

Job listing reveals Bandai Namco is working on a remaster for Nintendo

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Bandai Namco is currently hiring staff to work on a remaster commissioned by Nintendo, recent job listings have revealed. 

Originally pointed out on Resetera, one observant user noticed that Bandai Namco Studios is hiring for a few roles at its Tokyo studio. All of the job listings feature the phrases “3D action game”, “commissioned by Nintendo”, with one of them also featuring the words “HD remaster.” 

Unfortunately, these are the only clues we have so far as to what Bandai Namco could be working on for Nintendo as the rest of the job listings don’t mention anything else that could be a clue. 

The fact Bandai Namco is working on a Nintendo IP isn’t actually that surprising. A quick look at their past works on the Bandai Namco Studios website reveals that the developer/publisher has previously also worked on a number of Nintendo games including New Pokemon Snap, Mario Kart Tour, ARMS, Super Smash Bros. Ultimate, and even Mario Kart 8. 

We could spend all day guessing what game Nintendo wants remastered and still not be any closer to finding out the truth. So at least for now, we’ll have to settle on speculating. 

This is exactly what other users have done on the same Resetera thread. According to the comments, fans are thinking it could perhaps be something to do with Starfox, Metroid Prime, Kid Icarus, and even The Legend of Zelda: Twilight Princess – but nothing is for certain right now. 

In other Nintendo news, the Super Mario studio has recently announced plans for a new office located in Kyoto, Japan, conveniently right next to Nintendo’s current headquarters. In a press release sent out yesterday, Nintendo said that the new building will work as a development center with 12 floors inside of it. It’s expected to be ready for employees by December 2027. 

Curious about what Nintendo definitely has on the way? Take a look at our upcoming Switch games list. 

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Technology

Galaxy S22 Ultra Geekbench Listing Shows an Evident Downgrade

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The Galaxy S22 series is only a month away and to be honest, all of us are excited to see what Samsung’s been working on since last year. Sure, almost everything that we wanted to know about the devices has already been leaked but you know, nothing really is better than the official information that will come out once the devices are out.

The star of the show is of course the Galaxy S22 Ultra that will bring the most amount of features and upgrades in terms of memory, storage, screen size, battery, and more. However, a new leak suggests that the base variant of the Galaxy S22 Ultra might not be that big of an upgrade.

Samsung Plans to Use Tiger Strategy to Beat Apple

8 Gigs of RAM in the Galaxy S22 Ultra Makes Little to No Sense

Renowned leaker Ice Universe has shared that the Galaxy S22 Ultra is going to be available in 8, 12, and 16 gigs of RAM offerings, and honestly, the base variant seems like a bad deal.

Furthermore, we have stumbled upon the Geekbench listing of both the Exynos 2200 and Snapdragon 8 Gen 1 variants that confirm what Ice Universe had said and the phone indeed has an 8GB variant that will be coming out, too. You can check out the scores below.

While it is too early to say anything about the scores that you see here, because the devices are still more or less in the pre-production stage or are not running the software but we will get more information once the Exynos 2200 is finally official, which is slated for 11th January, later this month.

With that out of the way, the Galaxy S22 Ultra with 8GB of RAM might not be the best bargain for a lot of people considering how they can just pay a little more and get more storage and RAM in their phone.

Do you think Samsung should release the 8GB RAM variant of the Galaxy S22 Ultra or should just stick to 12 and 16? Let us know.



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World

India’s first homegrown Covid vaccine wins WHO emergency use listing

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A healthcare worker shows a vial containing doses of COVAXIN, a coronavirus (COVID-19) vaccine, manufactured by Bharat Biotech, at a vaccination centre, in New Delhi, India on July 3, 2021.

Mayank Makhija | NurPhoto | Getty Images

The World Health Organization on Wednesday said it had approved Indian drugmaker Bharat Biotech’s Covid-19 vaccine for emergency use, paving the way for the homegrown shot to be accepted as a valid vaccine in many poor countries.

The emergency use listing would allow Bharat Biotech to ship the shot known as Covaxin to countries that rely on WHO guidance for their regulatory decisions. It could also help millions of Indians who have received the shot to travel outside the country.

The WHO tweeted its technical advisory group had ruled that Covaxin’s benefits significantly outweighed the risks and that it met WHO standards for protection against Covid-19.

The advisory group was expected to make a decision on Covaxin last week, but had asked for additional clarifications from Bharat Biotech before conducting a final risk-benefit assessment for the vaccine’s global use.

Covaxin was also reviewed by the WHO’s Strategic Advisory Group of Experts on Immunization, which recommended its use in two doses, with an interval of four weeks, in all age groups 18 and above.

A health worker administers a dose of the Bharat Biotech Ltd. Covaxin vaccine at a Covid-19 vaccination center set up at the Delhi Municipal Corp. Public Health Center in the Daryagunj area of New Delhi, India, on Monday, June 21, 2021.

Sumit Dayal | Bloomberg | Getty Images

Bharat Biotech’s vaccine is the seventh to win WHO backing following two mRNA shots from Pfizer/BioNTech and Moderna, adenovirus vector vaccines developed by AstraZeneca and Johnson & Johnson, and China’s inactivated vaccines from Sinovac Biotech and Sinopharm.

The WHO’s approval may also clear the way for India to commit supplies to the COVAX global vaccine sharing effort, which is co-led by the WHO and aims to provide equitable access to shots for low- and middle-income countries.

Last month, Reuters reported the country was delaying a deal on that while the WHO considered the Covaxin shot for approval.

Bharat Biotech, which developed Covaxin with an Indian state research body, started sharing data with the WHO from early July.

Shares of Bharat Biotech’s U.S.-based partner Ocugen jumped over 6% in pre-market trading after the WHO’s decision.



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Technology

Alan Wake Remastered Listing Appears With October Release Date

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A remaster of Alan Wake might be coming next month, according to a new store listing.

Back in June, Alan Wake Remastered appeared alongside Final Fantasy 7 Remake within Epic Games Store backend data. Now, a little over two months later, listings for PlayStation 4, PlayStation 5, and Xbox versions of Alan Wake Remastered have appeared on Taiwanese store, Rakuten Taiwan, as spotted by Wario64 on Twitter.

The links Wario64 posted no longer take you to the Alan Wake Remastered listings, but before the links were changed, IGN was able to visit each link and verify that each took you to a Rakuten Taiwan listing for the game. Below are screenshots of the PS4, PS5, and Xbox listings for Alan Wake Remastered.

Alan Wake Remastered Rakuten Store Listing Screenshots

As you can see in the screenshots above, the listings seem to suggest an October 5 release date. Industry analyst, Daniel Ahmad, replied to Wario64 on Twitter about an hour after Wario64 posted the links to seemingly confirm that Alan Wake Remastered is real.

“Will be announced next week,” Ahmad said.

“[Next] week” might seem random, but Ahmad could be alluding to the upcoming 2021 PlayStation Showcase happening next week on September 9. The listings do show a PlayStation 5 version and the showcase is set to go over the “future of PS5.” Perhaps Alan Wake Remastered is in that future.

Of course, this could just be coincidence and Alan Wake Remastered might be announced at a different time independent of the 2021 PlayStation Showcase next week.

While waiting to see if Alan Wake Remastered is actually real, read about how the game appeared in Epic Games Store data back in June and then read our thoughts on the recent Control-Alan Wake crossover in IGN’s Control: AWE Expansion review. Check out our thoughts on the original Alan Wake in IGN’s Alan Wake review after that.

Wesley LeBlanc is a freelance news writer and guide maker for IGN. You can follow him on Twitter @LeBlancWes.



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Technology

Listing Spotted For ‘Alan Wake Remastered’ For PS4, PS5 And Xbox Series For October 5 Release

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Switch fans will finally be getting Kazuki Shiroma’s horror adventure game Shadow Corridor this October, with NIS America bringing it to the Nintendo eShop on October 26. Currently, the game is available for the Switch and the PlayStation 4 in Japan, as well as on Steam. No word on if NIS America will be bringing the title to the PlayStation Store.

Shadow Corridor is a survival horror title set in traditional Japanese locales. You’re up against spirits of the Noh mask that are out to find you. You’ve got to navigate a randomly-generated map to find the exit, picking up helpful items along the way to ward off the spirits. The ghost AI utilized by the spirits of the cursed Noh mask “respond to a variety of stimuli”, including your footsteps.

Thanks to Gematsu for the heads up!



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