Toyota Motor Corp will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up to rivals in the hotly competitive autonomous driving businesses.
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches.
Since a self-driving Uber killed a pedestrian in March, the company’s executives have been divided over the future of its autonomous vehicle efforts.
It’s been three decades since cars’ internal networks got an update. With autonomous vehicles on the horizon, quick decisions will rely on a faster network.
CNBC Exclusive: CNBC Transcript: Verizon CEO Hans Vestberg Speaks with CNBC’s “Squawk Box” Today WHEN: Today, Wednesday, August 15, 2018 WHERE: CNBC’s “Squawk Box” The following is the unofficial transcript of a CNBC EXCLUSIVE interview with new Verizon CEO Hans Vestberg on CNBC’s “Squawk Box” (M-F 6AM – 9AM) today, Wednesday, August 15th. The following […]
Image Credit: MacRumors / YouTube video (screenshot) Apple surpassed the trillion dollar valuation only a few days ago. Its massive success so far was driven by the iPhone, iPad, and services business. Wall Street analysts have been wondering how Apple will get to the next trillion dollars. The most respected Apple analyst Ming-Chi Kuo of […]
Image: Game Screenshot Apple’s Project Titan has suffered many setbacks in the last few years ranging from the lack of focus to lack of expertise in the automobile market. The so-called Apple car seems to be taking shape slowly nonetheless. The Cupertino company remains tight-lipped about its automobile ambitions, but a recent patent application filed by the company in […]
Madera ONE commentary for the second quarter ended June 30, 2018. Madera ONE, our global streaming video strategy, returned 32.5% in the second quarter and 103.9% year to date. Madera NEXT, our next generation entertainment and disruptive telecommunications strategy, returned 14.0% in the second quarter and 24.7% year to date. Madera Master Technology returned 1.3% […]
It’s been two years since Elon Musk said that Tesla would develop its own chips to facilitate autonomous driving and began hiring a team of designers and executives to make it happen. This week Musk went public with the results. The post Tesla Dumps Nvidia, Goes It Alone on AI Hardware appeared first on ExtremeTech.
Stanphyl Capital July 2018 letter to investors on Tesla Inc. (NASDAQ:TSLA) See our full archive of Q2 letters right here We remain short shares of (and long put options in) Tesla, Inc. (TSLA), which I consider to be the biggest single stock bubble in this whole bubble market—a company so landmine-filled that I think it […]