Autonomous vehicles are associated with big names in tech and transportation, like Alphabet‘s Waymo, GM‘s Cruise or ride-hailing giants such as Didi Chuxing and Uber. Less talked about is a critical safety component, Lidar sensors, which serve as the “eyes” of a self-driving car. Lidars are expensive today, but a start-up called Luminar is trying […]
Read moreCan Spotify upend the IPO market? When Spotify went public April 3, it attracted a lot of interest, and not just because the company was well known to the public. Instead of hiring underwriters to sell new shares to the public, Spotify went public on the NYSE in what is called a “direct listing.” It […]
Read moreThe United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel. The announcement following this week’s truce in a broader trade dispute between Beijing and Washington reflects the wide array of strains in the world’s biggest trading relationship. Importers of corrosion-resistant and cold-rolled […]
Read moreEuropean markets are set to open mixed Tuesday morning, as investors continue to monitor fresh corporate earnings. The FTSE 100 is seen off by 12 points at 7,856; the CAC is expected to open around 3 points lower at 5,632 while the DAX is poised to start up by 12 points at 13,148, according to […]
Read morePresident Donald Trump’s administration is working on details of a deal with the Chinese, and may lift a ban on U.S. companies selling hardware and software to Chinese corporate ZTE if it works out, the Wall Street Journal reported late on Monday. In exchange for Trump’s removal of the ban, ZTE will make major changes […]
Read moreWhen Facebook Chief Mark Zuckerberg meets with European officials on Tuesday, he is set to testify that the social networking giant did not do enough to prevent its tools from causing “harm.” “It’s also become clear over the last couple of years that we haven’t done enough to prevent the tools we’ve built from being […]
Read moreAustralia’s far-right One Nation party said on Tuesday it will not support the government’s proposed corporate tax cut, all but ending Prime Minister Malcolm Turnbull’s hope for a policy victory ahead of a series of by-elections. Turnbull’s Liberal-National coalition government had proposed to reduce the corporate income tax rate by 5 percent to 25 percent […]
Read moreNext month’s milestone summit between North Korea’s Kim Jong Un and President Donald Trump has major implications for China, which has geopolitical and security interests at stake on the Korean Peninsula. “Lurking in the background as a potential spoiler or helper in this drama is Chinese leader Xi Jinping, who sees both opportunity and peril,” […]
Read moreAnti-government protesters gathered in Bangkok on Tuesday to prepare to march from a university in the Thai capital to Government House to demand that the military government hold a general election by November. Police have declared Government House and surrounding streets a no-go zone for the opposition march marking four years since a May 22, […]
Read moreIndians are discovering a quick — though super-expensive — way around the long wait for an American permanent residency. In a small conference room in a plush New Delhi hotel, a small audience is listening to a presentation on the quickest route to realizing the American dream. The U.S. firm AVG America Investments — run […]
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