MetroNet Gains New Investment
MetroNet Gains New Investment Global investment firm KKR will be joining Oak Hill Capital and management as investors in MetroNet. The investment transaction is expected to close in the third quarter. No other financial details were released. Oak Hi.....»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
Honda unveils $11B investment for EV assembly, battery output in Canada
The company’s leadership was joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Study: Sharing household chores can lead to income gains
Married women in patriarchal societies become more socially and financially independent when they participate in counseling with their spouses aimed at breaking gender norms, according to new research from a University of Texas at Arlington economist.....»»
Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target
Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»
AESC doubles battery investment for BMW"s EVs in South Carolina
The plant is expected to come online in 2027 and supply BMW's assembly plant in Spartanburg, S.C., where the automaker plans to produce at least six EV models by 2030......»»
PlayStation has a secret weapon up its sleeve: the Hero Project
With the industry looking less certain than ever, PlayStation's Hero Project is secretly it's smartest investment......»»
Tesla"s U.S. registrations fell 25% in February, dragging the EV segment into the red
Ford, Hyundai, Kia, BMW and Rivian posted strong gains, partially offsetting Tesla's decline. The last time monthly EV registrations fell was in August 2020......»»
Bike Bus gains supporters as a way to promote sustainable and safe mobility
The Bike Bus movement has emerged as a powerful tool to promote road safety, sustainability and community. According to a global survey carried out by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona (IC.....»»
Apple Singapore campus getting two more buildings for new AI work
We’re expecting 2024 to be the year Apple builds generative AI features into iOS 18, and the company has announced a $250M investment to support ongoing work in this field. The Apple Singapore campus is growing from one building to three, to provid.....»»
Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»
Schiller doesn’t know whether the App Store is profitable; there are no minutes of meetings
Phil Schiller has told a court in an antitrust case that he doesn’t know for sure whether the App Store is profitable, and never considered the return on investment when launching it. He’s also explained the reason that there are very few writ.....»»
Tim Cook meets with Vietnamese officials, developers, and students
Apple CEO Tim Cook has spent a second day in Vietnam, discussing investment with the country's prime minister, as well as being shown developers working on Apple Vision Pro apps.Tim Cook visits a school in VietnamOn the second of his two-day visit to.....»»
Morgan Stanley fires back at iPhone doomsday research
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»
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Get an investment education with a lifetime subscription to Tykr stock screener for an extra 20% off through April 16 with code ENJOY20. TL;DR: Through April 16, get a better handle on your investments with a premium lifetime subscription to Ty.....»»
U.S. Calls Out EU Member States For Piracy Failings in Trade Barriers Report
The Foreign Trade Barriers Report published by the office of the USTR outlines "significant barriers" to exports, investment, and commerce. On IP-related matters, the latest report features criticism of China, several countries in South America, Russ.....»»
JP Morgan drops Apple target price over questions on when AI iPhone will launch
Investment firm JP Morgan predicts that Apple will introduce AI with the 2025 iPhone 17 Pro, and has dropped its current price target to $210 partly as a result.Apple CEO Tim CookJP Morgan trimmed its Apple price target from $225 to $215 in February.....»»
Next two quarters may be tough, but iPhone 16 & AI will return Apple to growth
Investment firm Wedbush says it is sticking to its $250 Apple price target and that issues such as declining sales in China will be short term because of pent-up demand for the iPhone 16 range.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu.....»»
Will Apple’s personal robot investment pay off or end just like its car? [Poll]
We learned this week that Apple is pointing some attention at personal robotics following the shutdown of its Apple Car efforts. It’s early for the skunkworks robotics project but what’s your gut reaction, could the investment pay off? Or is it m.....»»