Ask Ford CEO and resident car super fan Jim Farley who he sees as his biggest competitors in the electric vehicle race, the answer isn’t fierce hometown rival General Motors.  In fact, Farley won’t say specifically the Model T creator has worthy competitors in EVs. Rather, Farley acknowledges “admiring” two EV players in particular.  “Well, the companies that I think about that I admire because of their commitment — and frankly, the hard work they did to earn their reputation — are… Source link

Cybersecurity company Surfshark compared data collected by 30 mobility apps based on the 32 types of data that the Apple Store lists By Paulius Udra A study conducted by cybersecurity company Surfshark revealed that ride-hailing and taxi apps collect extensive information about their users. According to the research, these apps, on average, collect 14 data points per user and 30% of them use this data for “Third-Party advertising”. Surfshark’s data sensitivity index, which shows… Source link

U.S. Commerce Secretary Gina Raimondo says it’s high time for lawmakers to pass legislation that helps end a crippling pandemic-fueled semiconductor shortage that has been going on for a longer than a year.  “It’s a crisis,” Raimondo said of the shortage on Yahoo Finance Live.  Findings from a new Commerce Department survey underscore the extent of that crisis.  The median inventory of semiconductor products highlighted by buyers has fallen from 40 days in 2019 to less than five days in… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, January 26, 2022 Nvidia’s (NVDA) $40 billion bid to buy chip designer Arm is effectively over. The deal, which would have blown apart the balance of power in the microprocessor industry, already attracted intense scrutiny from regulators both in the U.S. and abroad. Industry… Source link

Ford CEO Jim Farley is keen on seeing President Joe Biden’s stalled Build Back Better bill passed in an effort to boost electric vehicle adoption in the United States. “It’s mission critical for the EV industry,” Farley said on Yahoo Finance Live.  As it stands now, the Build Back Better (BBB) bill would offer credits of up to $12,500 for consumers if they purchase an electric vehicle. The bill would also aid in the development of more public charging stations.  Both aspects of the bill are… Source link

(Bloomberg) — Jeremy Grantham got the market’s attention with his “super bubble” call on U.S. stocks. Now he wants to get an even more alarming and urgent message out, one his critics may find harder to accept. Most Read from Bloomberg The “Goldilocks” period of the past 25 years is ending, and the world needs to prepare for a future of inflation, slower growth and labor shortages, the renowned value investor said in a Bloomberg “Front Row” interview. “There’s only a certain… Source link

Ford CEO Jim Farley is seeing impressive early demand for the company’s new electric vehicles, the E-Transit (van) and F-150 Lightning. “We have over 10,000 orders already from a lot of different customers [for the E-Transit]. I think we just got over 1,000 orders from Walmart. So, the demand is very high,” Farley told Yahoo Finance. “The E-Transit is strategically very important for the company because of our dominant position.” The company’s E-Transit vans will begin arriving to customers… Source link

Huawei, the embattled Chinese tech giant that continues to be the target of strict US sanctions, has announced that its flagship P50 Pro and foldable P50 Pocket will be sold outside of China. The P50 Pro will cost €1,199 (around $1,353), while the P50 Pocket will start at €1,299 (around $1,466). Huawei’s press release says the two phones will be available in “key markets across Asia Pacific, The Middle East & Africa, Europe and Latin America,” but declined to say exactly when… Source link

A while back, Google said that it was on board with the idea that cookies–the little pieces of software code that websites use to do all sorts of things like keeping you logged in, to letting an advertiser know when you’ve clicked on their ad and then made a purchase–were bad. At least, the third-party kind–the ones that track your activity across the internet. Those types of cookies would be blocked in Chrome by 2023.   Except, because Google–like every advertising platform–uses… Source link

Deal allows Yandex to create new 24/7 NHL channel Internet services provider says its coverage has increased NHL interest in Russia The National Hockey League (NHL) has signed a multi-year extension of its Russian broadcast partnership with internet services provider Yandex. The renewal will see Yandex – considered the Russian equivalent to Google – continue to broadcast live regular season and… Source link