Category: News Site

New Uber feature uses machine learning to sort business and personal rides

Uber announced a new program today called Profile Recommendations that takes advantage of machine intelligence to reduce user error when switching between personal and business accounts. It’s not unusual for a person to have both types of accounts. When you’re out and about, it’s easy to forget to switch between them when appropriate. Uber wants to… Continue reading New Uber feature uses machine learning to sort business and personal rides

Noble M500 unveiled at Goodwood

16th Jul 2018 9:00 am Carmaker’s more road-friendly alternative to the M600 generates 558hp and gets a fibreglass body. Noble Automotive has revealed the M500 at the Goodwood Festival of Speed as its entry-level model. At launch, it will have around 558hp, coming from a twin-turbocharged Ford V6 – the same unit that is used… Continue reading Noble M500 unveiled at Goodwood

Two Chinese EV sharing platforms in $730 mln push to fuel growth – sources

By Kane Wu and Julie Zhu HONG KONG: Two electric vehicle-sharing platforms backed by powerful Chinese carmakers plan to seek external funding totalling almost $730 million to fuel their growth, people with direct knowledge of the plans said. The moves come as Beijing continues its push into the new energy vehicle (NEV) sector as part… Continue reading Two Chinese EV sharing platforms in $730 mln push to fuel growth – sources

Brexit: what it means for the British car industry

If there was ever a company that tracked the recent downs and ups of our car industry, it’s Unipart, which was once a division of the state-owned dinosaur British Leyland but is now a thriving independent parts and logistics firm. Neill’s worries are those of the wider industry. Tariffs would be bad, but worse would… Continue reading Brexit: what it means for the British car industry

UPDATE 1-Tesla CEO Musk accused in lawsuit of fraud over going-private proposal

(Reuters) – Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they committed securities fraud in a scheme to “completely decimate” short-sellers that included Musk’s proposal to take the electric car company private. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla,… Continue reading UPDATE 1-Tesla CEO Musk accused in lawsuit of fraud over going-private proposal

Elon Musk’s ‘funding secured’ tweet could cost Tesla millions, former SEC chairman says (TSLA)

Nearly three days after Tesla CEO Elon Musk said he had secured the funding necessary to take Tesla private, pending a shareholder vote, neither he nor the company has disclosed where that money could come from. One possible explanation: Tesla and its board of directors don’t know. While Tesla’s board released a statement on Wednesday… Continue reading Elon Musk’s ‘funding secured’ tweet could cost Tesla millions, former SEC chairman says (TSLA)

Tesla shareholders who sell if EV maker goes private will be losers for one big reason: A.I.

Nidhi Kalra, senior information scientist for the nonprofit research organization RAND Corporation, has said that any simulation used by Waymo or another Tesla competitor is a simplification of the real world: “Real-world miles still really, really matter. That’s where, literally, the rubber meets the road, and there’s no substitute for it.” Billions of new sensors… Continue reading Tesla shareholders who sell if EV maker goes private will be
losers for one big reason: A.I.

Apple hints at plan to build a car after all as it rehires ex-Tesla engineering head

If you’re looking for hints that Apple might deliver on its long-rumored plan to develop its own car, a significant one landed this week after it emerged that Doug Field — Apple’s former VP of Mac hardware engineering — has rejoined from the company after a spell with Tesla. John Gruber at Daring Fireball broke… Continue reading Apple hints at plan to build a car after all as it rehires ex-Tesla engineering head