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
Tag: Strategy
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
GM prodded to catch electric-car zeitgeist with name change
David Welch and Chester Dawson, Bloomberg Published 1:56 p.m. ET July 29, 2020 | Updated 2:02 p.m. ET July 29, 2020 General Motors Co. has weathered depressions, wars and pandemics under its century-old name, but the coming shift to battery-powered vehicles may be an opportunity to rethink its generic-sounding corporate moniker in favor of something… Continue reading GM prodded to catch electric-car zeitgeist with name change
Imperial acquisition a “core part” of Cazoo’s strategy, says CEO
Cazoo is a name that has caught the attention of many since its launch in December 2019 as it became the fastest ever British “Unicorn” (start-ups with a notional value of over a billion dollars). In late June Cazoo gained £25m in its latest round of funding, with new investor Draper Esprit joining existing investors… Continue reading Imperial acquisition a “core part” of Cazoo’s strategy, says CEO
@VW Group: €3.75 bn debut syndicated revolving credit facility signed by TRATON SE
TRATON SE has signed its inaugural syndicated revolving credit facility in a total amount of €3.75 bn. The facility has a maturity of 3 years and can be extended twice for one year each (“3+1+1” years). The facility amount is provided by a consortium of 21 banks, thereby defining TRATON GROUP’s core relationship banks. The… Continue reading @VW Group: €3.75 bn debut syndicated revolving credit facility signed by TRATON SE
@Groupe PSA: Opel Presents New Business Model in Romania
Trust Motors SRL to be appointed as import partner More agility and flexibility will foster growth Another important step in the implementation of the PACE! plan Rüsselsheim. Opel has taken a further step in the development of its business strategy in selected European markets with the goal of becoming more agile, flexible and efficient as… Continue reading @Groupe PSA: Opel Presents New Business Model in Romania
Dana Incorporated Board of Directors Establishes Technology and Sustainability Committee
MAUMEE, Ohio, July 28, 2020 /PRNewswire/ — Dana Incorporated announced today that its Board of Directors has established a standing Technology and Sustainability Committee focused on technological and environmental stewardship. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) More The new Technology and Sustainability Committee will be responsible for assisting the Board with oversight relating to innovation, new technologies,… Continue reading Dana Incorporated Board of Directors Establishes Technology and Sustainability Committee