The comments in the following section are a sharp contrast to the utopian visions of equity and advancement described above. Whereas some see the future of the internet as a great equalizer, others warn that technology can just as easily be used for control a…
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Month: November 2019
Daimler will cut back spending on self-driving taxis, CEO says
Enlarge/ Ola Källenius of Daimler AG. 3 with 3 posters participating Daimler is planning to “rightsize” its spending on self-driving taxis, Chairman Ola Källenius said on Thursday. Getting self-driving cars to operate safely in complex urban environments ha…
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Elon Musk just chose Berlin as the location for Tesla’s newest factory. But the CEO might be wildly underestimating cultural differences between the US and Germany as Walmart, Amazon, and Chrysler have done before.
When Elon Musk announced at an award ceremony in Berlin on Tuesday that he would open the next Tesla Gigafactory in Brandenburg, it could have been just another one of his many claims. After all, anyone who knows Musk knows that the Tesla CEO often likes mak…
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Mercedes-parent Daimler warns the costly transition to electric cars is forming a triple-threat to future profits
Reuters Mercedes-builder Daimler anticipates its transition to electric vehicles will further squeeze profits until 2022, Bloomberg reported Thursday.The margin headwinds call for job cuts and capped development spending, CEO Ola Kallenius s…
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Business this week
Disneys streaming video service went live, the latest in a lengthening line of challengers to Netflixs dominance of the market. The trove of programming on Disney+ not only includes its archive of animated classics, but also catalogues of material from other …
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