Waymo, Alphabet’s self-driving arm, is building a dedicated trucking hub in Dallas and partnering with Ryder for fleet management services in a two-pronged move to seriously scale up its autonomous trucking operations across Texas, Arizona and California. This news comes just a couple of months after Waymo announced a $2.5 billion raise that it would… Continue reading Waymo Via is scaling up autonomous trucking operations in Texas, Arizona, California
Category: Tech News
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Canada Drives raises $79.4 million to expand online car purchasing and delivery platform
Canada Drives, an online car shopping and delivery platform, announced $79.4 million ($100 million CAD) in Series B funding that it will use to expand its service across Canada. It was founded in 2010 as a car financing company but launched an e-commerce platform for new and used vehicles last year. Canada Drives currently operates… Continue reading Canada Drives raises $79.4 million to expand online car purchasing and delivery platform
Waymo is building a hub for its autonomous trucks in Texas
Waymo announced plans to build a hub for its autonomous semi-trailer trucks on a nine-acre site near Dallas-Fort Worth, Texas. The Alphabet-owned company also said it is partnering with rental truck company Ryder on fleet management as it looks to grow the delivery and logistics portion of its business. The hub in South Dallas will… Continue reading Waymo is building a hub for its autonomous trucks in Texas
Here’s how much Uber pays its employees, from project managers to UX researchers (UBER)
Companies have to tell the US government how much they pay employees from outside the US. That data is available to the public. Insider analyzed Uber’s salary data from Q4 2020 through Q2 2021. See more stories on Insider’s business page. After a difficult 2020 that saw the company lay off around 25% of its… Continue reading Here’s how much Uber pays its employees, from project managers to UX researchers (UBER)
‘Big Short’ investor Michael Burry is betting against Elon Musk and Cathie Wood. Here’s what he bought and sold in Q2.
Michael Burry. Bloomberg Risk Takers Michael Burry bet against Cathie Wood’s Ark and Elon Musk’s Tesla last quarter. “The Big Short” investor surprisingly added a technology SPAC to his stock portfolio. Burry bought Discovery stock and Walmart call options, and sold his stake in Occidental Petroleum. See more stories on Insider’s business page. Michael Burry… Continue reading ‘Big Short’ investor Michael Burry is betting against Elon Musk and Cathie Wood. Here’s what he bought and sold in Q2.
A Tesla manufacturing chief turned VC reveals what he looks for in self-driving and mobility startups and founders
Former Tesla production VP Greg Reichow is a partner at early-stage VC firm Eclipse Ventures. Of the 3,000 startups that approach Eclipse annually, the firm invests in about 10. Reichow revealed what he looks for when deciding to bet on a company and its founders. Former Tesla vice president turned venture capitalist Greg Reichow says… Continue reading A Tesla manufacturing chief turned VC reveals what he looks for in self-driving and mobility startups and founders
Water shortages loom over future semiconductor fabs in Arizona
Major semiconductor manufacturers looking to expand in Arizona will likely be spared from water cuts induced by an unprecedented water shortage in the Southwest, at least for now.As part of the scramble to end a shortage of another kind — the global dearth in semiconductor chips — both Intel and TSMC plan to open new… Continue reading Water shortages loom over future semiconductor fabs in Arizona
Learn How Blockchain Underpins Modern Finance With This Training Bootcamp
Depending on who you ask, blockchains are useful documentation tools, the foundation of a new form of finance, or even a new type of lifeform. Yet when you cut through the hype, you find a new and incredibly powerful tool with an enormous range of applications. The Blockchain Bootcamp Certification Training Bundle can get you… Continue reading Learn How Blockchain Underpins Modern Finance With This Training Bootcamp
Tesla is prepping for giant Supercharger expansion ahead of opening the network to other EVs
Tesla is adding a lot of job listings for design managers of new Supercharger sites as the automaker is prepping for a massive expansion of the Supercharger network ahead of opening it to other electric cars. The Supercharger network has been growing at an impressive pace lately. Last quarter, Tesla had 26,900 Superchargers at 2,966… Continue reading Tesla is prepping for giant Supercharger expansion ahead of opening the network to other EVs
China’s Tencent beats forecasts with 29% climb in Q2 profit
Chinese gaming and social media giant Tencent Holdings beat forecasts with a 29% climb in second-quarter profit, helped by an increase in takings from popular games and growth in online advertising revenue. Robust demand for games such as “Honor of Kings” and “PUBG mobile” offset a decrease in revenues from its battle royale title “Peacekeeper Elite”. Net profit for the three months through June came in… Continue reading China’s Tencent beats forecasts with 29% climb in Q2 profit