Herbert Diess According to insiders, he barely escaped a layoff, but lost the position as head of the main VW brand, which he held alongside his duties as group leader. (Photo: dpa) Hamburg After the turbulence of the past few weeks and speculation about a possible replacement Volkswagen-Boss Herbert Diess received unusual backing from the… Continue reading Volkswagen boss: Herbert Diess receives surprising backing from VW
Tag: Strategy
Ceat Q1 muted, cost control limit margin contraction
Ceat, an RPG Group company, clocked a consolidated net loss of Rs 35 crore in Q1FY2021 as against a net profit of Rs 82.2 crore in Q1FY2020. On a consolidated basis, the company’s revenue for Q1 stood at Rs 1,120 crore down from Rs 1,752.10 crore a year ago. The EBITDA margins bettered analysts’ expectations on… Continue reading Ceat Q1 muted, cost control limit margin contraction
Qualcomm results suggest the 5G iPhone will be slightly delayed
Sponsored Links NurPhoto via Getty Images Qualcomm reported its Q3 2020 earnings on Wednesday (PDF), and of course the company informed investors about how the transition to 5G may boost its business. Also, it’s signed a global patent licensing deal with Huawei that apparently isn’t affected the US government’s ban on sales to the company,… Continue reading Qualcomm results suggest the 5G iPhone will be slightly delayed
Renault handed ‘wake-up call’ with record 7 billion euro loss
PARIS (Reuters) – French carmaker Renault (RENA.PA) said it had been given a wake-up call on Thursday with a record net loss of 7.29 billion euros ($8.6 billion) in the first half of the year, inflicted by the COVID-19 crisis and troubles at its alliance partner Nissan (7201.T). FILE PHOTO: A Renault car is seen… Continue reading Renault handed ‘wake-up call’ with record 7 billion euro loss
Auto industry set to put brakes on central Europe’s COVID-19 recovery
BUDAPEST/PRAGUE (Reuters) – The auto industry, long a driver of economic growth in central Europe, is likely to be one of the main drags on the region’s efforts this year to recover from the impact of COVID-19. FILE PHOTO: Employees work on an assembly line as the Volkswagen construction plant reopens after shutting down due… Continue reading Auto industry set to put brakes on central Europe’s COVID-19 recovery
The Facebook and Amazon Documents That Captivated the Hearing
The CEOs of four of the world’s biggest tech companies gathered in the same Webex room Wednesday for their first-ever joint appearance before Congress. The most fascinating revelations of the five-plus hour hearing came not from their testimony but from documents gathered by House investigators and released during the session. Committee members said the presentations,… Continue reading The Facebook and Amazon Documents That Captivated the Hearing
Congress grills Facebook over its acquisitions and feature cloning
Sponsored Links Pool via Getty Images During a massive antitrust hearing, Congress tried to force Mark Zuckerberg to answer some of the toughest questions yet around Facebook’s acquisitions. The company’s 2012 deal to buy Instagram for $1 billion came under particular scrutiny when lawmakers quoted from several emails among Facebook’s top executives, who talked about… Continue reading Congress grills Facebook over its acquisitions and feature cloning
Security Magazine Explores LiDAR for Security Applications
“Is LiDAR ready for mainstream security use?” asks Security Magazine. They sat down with Akram Benmbarek, AEye’s VP of Business Development and Strategic Initiatives at CES 2020, who says “the most suitable customers for security applications today are critical infrastructures and government agencies.”
Article >Security Magazine Explores LiDAR for Security Applications —A Pedestrian in HeadlightsAbrupt Stop DetectionAEye Team Profile: Steven WongAEye and ANSYS Accelerate Autonomous Driving SafetyAEye and Infineon: Perception, Safety, and PerformanceAEye and Intvo Demo Advanced Pedestrian Intent Capabilities at CES 2020DesignNews Spotlights AEye President Blair LaCorte's Press Conference at AutoMobility LAAEye Wins Best Innovative Sensor Technology Award at IDTechExAEye and ANSYS: Simulation and Prototyping
GM starts construction on the cornerstone of its EV strategy
Steel construction has begun on the nearly 3-million-square-foot factory that will mass produce Ultium battery cells and packs, the cornerstone of General Motors’ strategy to bring 20 electric vehicles to market by 2023. The Ultium Cells LLC battery cell manufacturing facility in Lordstown, Ohio is part of a joint venture between GM and LG Chem… Continue reading GM starts construction on the cornerstone of its EV strategy
Thrive Adds $257M, Plans Pivotal Trial of Early Cancer Detection Test
July 29th, 2020 Xconomy National — Thrive Earlier Detection, one of the companies vying to be the first to commercialize a blood test that can uncover cases of cancer before symptoms arise, has raised $257 million and announced plans to evaluate its CancerSEEK test in a registrational study. Many cancers grow silently, and once malignant… Continue reading Thrive Adds $257M, Plans Pivotal Trial of Early Cancer Detection Test