This past winter, our team hit a major milestone. Our driverless vehicles surpassed 10 million kilometers (more than 6 million miles) in autonomous mode. The majority of these kilometers were driven in Moscow, one of the most challenging cities in the world with many kinds of bad weather throughout the year. Difficult weather conditions pose a challenge for self-driving vehicles. They not only reduce visibility but also make road surfaces more slippery. These conditions create different… Source link
Read More »AMC Entertainment Q4 Sales Plunged 90%, Losses Ballooned Amid Pandemic; CEO Adam Aron Cites “Most Challenging Market Conditions” In 100 Years
AMC Entertainment revenue plunged last quarter to $162 million from close to $1.5 billion the year before as the global pandemic squeezed exhibition. That beat expectations, coming about $20 million above Wall Street’s consensus estimates. The stock is up 3% in late trading. Net losses widened to $946 million, including a hefty one-time impairment charge, from $13.5 million the year before. For full-year 2020, AMC said it lost $4.58 billion vs. $149M loss in all of 2019. More from Deadline As… Source link
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