Russian self-driving tech company Yandex has placed its operations in the U.S. on hold. The company said Friday it has paused testing of its robotaxi fleet in Ann Arbor, Michigan, and is no longer making restaurant deliveries with its six-wheeled sidewalk Rover bots on college campuses across the country. “Our AV test fleet in Ann Arbor is grounded at the moment, but we hope to resume operations in the future,” a spokesperson told Automotive News. Yandex stopped its operations as Russia’s… Source link
Read More »Russian autonomous-driving company Yandex idles U.S. operations amid Ukraine invasion
Russian self-driving tech company Yandex has placed its operations in the U.S. on hiatus. The company said Friday it has paused testing of its robotaxi fleet in Ann Arbor, Mich., and is no longer making restaurant deliveries with its six-wheeled sidewalk Rover bots on college campuses across the country. “Our AV test fleet in Ann Arbor is grounded at the moment, but we hope to resume operations in the future,” a spokesperson told Automotive News. Yandex stopped its operations as Russia’s… Source link
Read More »The Future Of Work For Google Is Hybrid, As The Company Tells Its Workers To Return To The Office By April 4
Google CEO Sundar Pichai (AP Photo/Jeff Chiu) ASSOCIATED PRESS How can you say we are sort of out of the pandemic without saying we’re out of the pandemic? During the Super Bowl, celebrities were out in force, flaunting that they weren’t wearing masks. Similarly, President Joe Biden’s State of the Union address showed that no one was wearing a facial covering. Another major sign is that Google is telling its San Francisco Bay Area workers to return to the… Source link
Read More »I came out of retirement to make the company successful
Peloton’s new CEO Barry McCarthy is known in tech circles and on Wall Street as Mr. No Bullshit. Direct. No nonsense. A deep strategic thinker who wants to get stuff done yesterday. A man who likes golf, but enjoys explaining the intricacies of tech subscription models and the ins and outs of a balance sheet perhaps way more. And overall McCarthy, 69, lived up to all of that external branding in an exclusive 30-minute Zoom chat with Yahoo Finance. “I could have stayed in retirement,” McCarthy… Source link
Read More »Google Stadia Is a Failure. The Company Should Kill It
Stadia looks doomed. At the beginning of the month, a report from Business Insider detailed ongoing issues with Google’s troubled streaming platform. Apparently, Google is putting the consumer product on the back burner while it tries to sell the Stadia technology as a white-label service to power other companies’ cloud offerings. Much has happened between the 2018 “Project Stream” beta, the official Stadia launch in 2019, and today. You could arguably call Google a leader in the second… Source link
Read More »Meta’s stock plummeted because it lied about ‘value of the company’
Meta (FB) CEO Mark Zuckerberg on Tuesday unveiled new plans for the company’s turn toward the metaverse, introducing company values like “live in the future” and telling employees they’ll be referred to as “metamates.” Shares of Meta ticked up slightly on the day but the company’s stock remains about 31% below where it stood upon the release of disappointing earnings at the outset of the month. Observers on Wall Street and in Silicon Valley have attributed the sudden collapse to sluggish user… Source link
Read More »She ‘resigned from the company’
Levi’s said it didn’t force out brand president Jennifer Sey amid the executive’s outspokenness on COVID-19 related school closures in California. “Today, Levi Strauss & Co. announced management changes affecting our executive leadership team. Seth Ellison, executive vice president and chief commercial officer will assume responsibility as the Levi’s brand president on an interim basis in addition to his commercial duties, replacing Jen Sey, who resigned from the company. LS&Co. has… Source link
Read More »Roblox, a metaverse gaming company, will report earnings today
Roblox (RBLX) will report its Q4 earnings after the market close on Tuesday, as investors and analysts look to see how the metaverse gaming company’s growth path will shake out after receiving a boost from homebound users during the pandemic. Here’s what Wall Street is expecting from Roblox in the quarter. Roblox, which went public in March 2021, is considered a proxy for investors hoping to take an early stake in the metaverse, the 3-D version of the internet that prompted Facebook to… Source link
Read More »Google parent company Alphabet broke $200 billion in annual revenue for the first time
Google parent company Alphabet hit a new record for annual revenue in 2021, showing no ill effects from the lingering coronavirus pandemic or ongoing issues with the global supply chain. For full-year 2021, the company saw a 41 percent year-over-year jump in revenue to $257 billion. The company reported revenue of $75.3 billion in the fourth quarter of 2021, up 32 percent from the year earlier. “Q4 saw ongoing strong growth in our advertising business, which helped millions of… Source link
Read More »CEO of Tom Brady’s fitness company describes ‘the No.1 one thing that you can do’
Twenty-two years and seven Super Bowl championships into his NFL career, Tom Brady has reached unprecedented success and is still going strong. The Buccaneers quarterback is scheduled to play in his 47th NFL playoff game on Sunday, 20 more than the next closest quarterback on the all-time playoff appearance list. And at 44, Brady is older than every opposing head coach he could face on his path to an 11th Super Bowl appearance. In 2013, Brady co-founded a wellness brand called TB12 with… Source link
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