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Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker. The news was first reported by The Oregonian/Oregon Live, which cited an internal memo that was shared with employees Tuesday morning. Intel confirmed to TechCrunch that plans to wind down the auto … Read more
Listen up, folks, because the market’s throwing us a curveball today, and it’s a doozy! ECD Automotive Design, Inc. (NASDAQ: ECDA), a company that’s all about turning classic Land Rovers, Jaguars, and now Mustangs into jaw-dropping, custom luxury rides, is stealing the spotlight. As of this writing, ECDA’s stock is up a whopping 77.88%, trading … Read more
As serial entrepreneur Joel Milne founded, scaled, and then successfully sold mobile auto repair service startup RepairSmith to AutoNation, he was plagued by a persistent problem. The automotive retail industry has a communication problem. And it’s an expensive one. Thousands of dealerships and mechanic shops — each one with an array of software systems — … Read more
There is a shadow hanging over the Europe. The ascent of Donald Trump to the White House has exposed brewing fragilities within the continent’s economy and military prowess. That hasn’t been evident anywhere more than in Germany, the industrial powerhouse reeling from two years of negative growth. Now, Germany’s allies, who have lived in their … Read more
PSNY IMPORTANT DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages Polestar Automotive Holding UK PLC Investors to Secure Counsel Before Important March 31 Deadline in Securities Class Action First F
Tiny Michigan biotech startup CircNova has raised a $3.3 million seed round for its technology that uses AI to target so-called “circular RNA.” The development holds promise as a new method to quickly develop therapies for conditions that currently have no drug treatments. The new funding is also a victory lap for co-founder and CEO … Read more
This year’s CES saw a number of major automakers skip the show amidst a disappointing market for tech-forward products and a political climate that could see that market worsen. It’s not unusual for automakers to pull back on major expenses like exhibiting at a trade show in response to “uncertainty,” and when it comes to … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4