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EV startups in dire straits

Tesla CEO Elon Musk recently warned that US electric vehicle (EV) startups Rivian and Lucid could both go bankrupt if they do not significantly lower their costs......»»

Category: itSource:  digitimesJun 20th, 2022

Researchers construct high-resolution physical-biogeochemical model in Indo-Pacific ocean

The Indo-Pacific region is a convergence zone with the largest biodiversity in the global ocean. However, previous models were not refined enough to resolve the complex topography of main straits......»»

Category: topSource:  physorgRelated NewsNov 23rd, 2022

Venture capitalists on auto, mobility tech startups

Auto and mobility tech startups are phenomenal at innovating but terrible at scaling up their operations, according to one venture capitalist......»»

Category: topSource:  autonewsRelated NewsNov 22nd, 2022

Qualcomm startup competition winners leverage AI for diverse applications

Qualcomm held the grand finale of the 2022 Qualcomm Innovative in Taiwan Challenge (QITC) on November 19. After the final pitches, three startups were selected to be the competition winners. They all use artificial intelligence (AI) to develop innova.....»»

Category: itSource:  digitimesRelated NewsNov 21st, 2022

Frank Kim joins YL Ventures as CISO-in-Residence

YL Ventures has unveiled that Frank Kim has joined as its new full-time CISO (Chief Information Security Officer)-in-Residence. The SANS fellow, already a seasoned advisor and angel investor to many cybersecurity startups, will work with the firm’s.....»»

Category: securitySource:  netsecurityRelated NewsNov 15th, 2022

MIH has three EV startups act as ambassadors

The MIH Consortium, an alliance organized by Foxconn Electronics specifically for promoting development of electric vehicles (EVs), cooperated with US-based accelerator Techstars to hold "MIH for Startups Pitch" event at MIH Demo Day on November 8 to.....»»

Category: itSource:  digitimesRelated NewsNov 11th, 2022

MIH has three EV startup act as ambassadors

The MIH Consortium, an alliance organized by Foxconn Electronics specifically for promoting development of electric vehicles (EVs), cooperated with US-based accelerator Techstars to hold 'MIH for Startups Pitch' event at MIH Demo Day on November 8 to.....»»

Category: itSource:  digitimesRelated NewsNov 11th, 2022

Musk bans remote work at Twitter, warns staff of “dire” economic outlook

Twitter staff must be in office 40 hours a week unless Musk approves exception. Enlarge (credit: Getty Images | NurPhoto) Elon Musk reportedly told Twitter staff in an email Wednesday that he is banning remote work and t.....»»

Category: topSource:  arstechnicaRelated NewsNov 10th, 2022

Autonomous vehicle survivors on edge

Money poured into startups during bubbly days before and during the pandemic but many of those investments aren't panning out......»»

Category: topSource:  autonewsRelated NewsNov 10th, 2022

EV registrations in U.S. up 57% through September as Tesla rivals turn up pressure

Legacy automakers and non-Tesla startups saw a 71% surge in EV registrations through September. Tesla vehicles, meanwhile, rose 50 percent during the period, according to data from Experian Automotive......»»

Category: topSource:  autonewsRelated NewsNov 10th, 2022

EV registrations in U.S. rise 57% in September as Tesla rivals turn up pressure

Legacy automakers and non-Tesla startups saw a 71% surge in EV registrations through September. Tesla vehicles, meanwhile, rose 50 percent during the period, according to data from Experian Automotive......»»

Category: topSource:  autonewsRelated NewsNov 9th, 2022

How Long Can Mark Zuckerberg Keep Up His Metaverse Bet?

Meta spent $25 billion on R&D this year but made $84 billion. The stock charts may seem dire, but they don’t tell the full story. Continue reading........»»

Category: itSource:  cmswireRelated NewsNov 6th, 2022

Cybertech NYC 2022 to feature 70+ cybersecurity startups

Cybertech NYC 2022 will host more than 70 cybersecurity startups at the Javits Center in New York City on November 15-16. The event will also feature global cyber leaders from Israel, France, Spain, Finland, United Arab Emirates, and more. Oleh Derev.....»»

Category: securitySource:  netsecurityRelated NewsNov 3rd, 2022

50-year-old Indian brand, LML, promises to revive nostalgia with EVs

If you have been observing the Indian EV market, you would know that the initial days were all about startups. Several new companies entered the market, some of them with excellent offerings, and have become popular names in the local automobile mark.....»»

Category: itSource:  digitimesRelated NewsNov 3rd, 2022

Argo AI will cease operations as Ford and Volkswagen pull investments

Ford is reallocating those resources to ADAS, VW's CARIAD will work with Bosch. Enlarge / Argo AI was one of the more promising autonomous driving startups. But now it's ceasing operations. (credit: Aurich Lawson | Argo) The w.....»»

Category: topSource:  arstechnicaRelated NewsOct 27th, 2022

Global economy must green faster to prevent dire climate impacts

Across virtually every sector, the greening of the global economy is unfolding far too slowly to stave off climate catastrophe, according to a sobering report Wednesday from a consortium of research organisations......»»

Category: topSource:  physorgRelated NewsOct 26th, 2022

Hydrogen-powered startups shine at the Paris Auto Show

An SUV with removable hydrogen-filled pods and a stylish sedan caught our attention. Enlarge / Olivier Lombard stands next to the Hopium Machina. (credit: Dhananjay Khadilkar ) PARIS—A 500 hp (373 kW) car with a 621-mile (10.....»»

Category: topSource:  arstechnicaRelated NewsOct 22nd, 2022

Brembo sets up venture capital arm

Brembo Ventures will invest in startups globally, focusing on artificial intelligence, big data, sensors, mechatronics, energy efficiency and sustainability......»»

Category: topSource:  autonewsRelated NewsOct 20th, 2022

Crisis-hit Sudan faces biggest threat yet: climate change

Conflict, coups, dire poverty: Sudan is reeling from multiple crises, but environmental activist Nisreen Elsaim warns a bigger problem dwarfs them all—climate change......»»

Category: topSource:  physorgRelated NewsOct 20th, 2022

How Covid prompted Asian startups to use tech in revolutionizing mental health support

Many Asian countries introduced tougher Covid-19 restrictions than in other continents, a reality that has caused concerns about elevated levels of stress, anxiety and isolation. Now, a number of young entrepreneurs are leveraging technology to provi.....»»

Category: topSource:  cnnRelated NewsOct 20th, 2022

China"s EV startups defy funding slump with US$6 billion of deals

China's electric vehicle startups are defying the venture capital winter. While the country is leading a global contraction in VC investment, its auto sector has taken the top spot for funding so far this year, with more than 147 deals amounting to U.....»»

Category: itSource:  digitimesRelated NewsOct 18th, 2022