Monthly Archives: September 2019
Car accidents seem to continuously be on the rise with 40,000 deaths and over two million injuries in the U.S. in 2016. But what do these numbers mean from an economic standpoint? and with driverless cars what would it look like with zero car accidents in the future. Law firm Cooney and Conway broke down […]
Stanphyl: “Musk vanity project is worth vastly less than its nearly $70 billion fully-diluted enterprise value”
Mark Spiegel’s Stanphyl Capital had a killer year up close to 31% in 2016 and some small caps are up several hundred percent– see below for an excerpt on Tesla Inc (TSLA) from their June 2017 letter. But first… although he is known as Elon Musk’s number one enemy, Mr. Spiegel makes most of his money […]
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Apple doesn’t excite the way it once did, and AAPL stock eventually could suffer as a result. A move into driverless cars could prevent that. The post Are Apple Inc. (AAPL) Stock Holders Desperate for a Driverless Car? appeared first on InvestorPlace.
For a long time, many people were speculating that Apple was developing a full-fledged car under the Project Titan. However, Apple CEO Tim Cook recently said in an interview with Bloomberg that the Project Titan was about developing the autonomous car driving systems rather than building Apple-branded cars. Now Hertz has joined hands with the […]
Corporate acquirers of emerging tech companies know the space pretty well. After all, many of them were the hot new kids on the block once upon a time. In fact, corporate acquirers in IT have completed 49% of all emerging tech acquisitions since 2010. For the purposes of this article, emerging tech represents: 3D printing, […]
A Chinese court sentences 19 Australian Crown casino executives to jail for promoting gambling in the country, where betting is illegal in all but the autonomous city of Macau. Reuters Engen Tham explains why Beijing had a problem with Crown’s approach to Chinese gamblers.
Travis Kalanick might have resigned as Uber’s CEO, but there are no signs that the troubles for him and Uber are going to be assuaged. In fact, they are about to get a lot worse thanks to the ongoing dispute with Alphabet’s self-driving car unit Waymo. j_nnesk_sser / Pixabay Uber in big trouble now According […]
Uber CEO Travis Kalanick metaphorically exited a moving vehicle Tuesday night and resigned from his position atop the company. What challenges should Uber’s next CEO expect to tackle first? We asked some experts, and one thing is clear: Whoever lands behind the wheel should expect full throttle from Day One. Jeff Reid, a professor at Georgetown University’s McDonough School […]
Since 2000, an auditorium at National Autonomous University of Mexico has been commandeered by political protesters.
Present stock prices do not always predict the future. However, for now, the $70 billion valuation placed on ride-hailing service Uber indicates that investors think it poised to transform how we get around by car, how we access meals and groceries more broadly, and perhaps how we eventually travel long distances in the sky. Get […]