It took only a few hours to wipe $152 billion of value from Tesla’s market cap and more than $100 million in value from TrumpCoin. The end of the bromance between Elon Musk and President Donald Trump has been brewing for weeks, but on Thursday the breakup went nuclear. Musk took to the platform he… Continue reading Elon Musk’s Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap
Tag: Autonomous
OpenGMSL Association launches to form open standard for enhancing in-vehicle connectivity
A leading automotive OEM, alongside a range of Tier 1 suppliers, semiconductor manufacturers and ecosystem partners have formed the OpenGMSL Association. The association’s key aim is to unite industry leaders to transform SerDes transmission of video and/or high-speed data as an open, worldwide standard across the automotive ecosystem. In detailing the initiative, the association highlighted… Continue reading OpenGMSL Association launches to form open standard for enhancing in-vehicle connectivity
Walmart and Wing expand drone delivery to five more US cities
Wing, the on-demand drone delivery company owned by Alphabet, is spreading its commercial wings with help from Walmart. The two companies announced Thursday plans to roll out drone delivery to more than 100 Walmart stores in five new cities: Atlanta, Charlotte, Houston, Orlando, and Tampa. Walmart is also adding Wing drone deliveries to its existing… Continue reading Walmart and Wing expand drone delivery to five more US cities
MARTAC Hosts Inaugural Investor Day Showcasing Breakthrough Autonomous Maritime Capabilities
MELBOURNE, Fla., June 5, 2025 /PRNewswire/ — Maritime Tactical Systems, Inc. (MARTAC), America’s leader in fully autonomous maritime surface vessels, today hosted its first-ever Investor Day at its headquarters in Melbourne, Florida. The event brought together a select group of investors, defense leaders, and industry partners for a firsthand look at MARTAC’s latest innovations in… Continue reading MARTAC Hosts Inaugural Investor Day Showcasing Breakthrough Autonomous Maritime Capabilities
This $17,000 Nissan EV is off to a hot start in China and it’s about to go global
Would you buy Nissan’s new EV for under $17,000? Nissan said the N7 has already “exceeded our expectations,” as orders continue to climb in China. With plans to launch the new EV globally, can the N7 help Nissan turn things around? Nissan sells a $17,000 EV in China? After launching the N7 on April 28,… Continue reading This $17,000 Nissan EV is off to a hot start in China and it’s about to go global
Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever
Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Shares of Tesla fell 14% on Thursday as President Donald Trump threatened to pull government contracts for CEO Elon Musk‘s companies, escalating a war of words… Continue reading Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever
Nauticus Robotics and Open Ocean Robotics Forge Strategic Collaboration to Transform Subsea Asset Management
HOUSTON, June 5, 2025 /PRNewswire/ — Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software solutions, today announced a strategic collaboration with Open Ocean Robotics, a pioneer in uncrewed surface vehicles (USVs) that enable safe, cost-effective, and environmentally sustainable ocean monitoring. Together, the companies aim to deliver cutting-edge technologies that will… Continue reading Nauticus Robotics and Open Ocean Robotics Forge Strategic Collaboration to Transform Subsea Asset Management
Tactical Drones with Intelligence, Surveillance, and Reconnaissance Applications Drastically Improving Operations
PALM BEACH, Fla., June 5, 2025 /PRNewswire/ — FN Media Group News Commentary – According to a report from industry insiders says that the global military drone market is projected to reach $56.69 billion by 2033, growing from $24.25 billion in 2025, with a CAGR of 11.20%. This growth is driven by increased global security concerns,… Continue reading Tactical Drones with Intelligence, Surveillance, and Reconnaissance Applications Drastically Improving Operations
Government Considers Fiscal Incentives for Rare Earth Magnet Production to Counter China Dependence: Reuters
The global supply chain for critical materials has been thrust into uncertainty following China’s implementation of new export restrictions on rare earth magnets. According to a June 5 Reuters report, India is now actively developing a comprehensive strategy to counter this challenge by establishing domestic production capabilities and reducing its dependence on Chinese supplies. China’s… Continue reading Government Considers Fiscal Incentives for Rare Earth Magnet Production to Counter China Dependence: Reuters
Collibra Announces the Acquisition of Raito and New, Powerful Advancements in Unified Governance for Data and AI Across Every Data Citizen
NEW YORK and BRUSSELS, June 5, 2025 /PRNewswire/ — Collibra, the leader in unified governance for data and AI, today announced new product innovations to empower every data team to more easily govern data and AI. In addition, Collibra has announced the acquisition of Raito, a company specializing in data access governance. The new release,… Continue reading Collibra Announces the Acquisition of Raito and New, Powerful Advancements in Unified Governance for Data and AI Across Every Data Citizen