Tag Archives: rival

(Bloomberg) — JetBlue Airways Corp. offered to buy budget carrier Spirit Airlines Inc. for $3.6 billion, potentially spoiling a competing bid by rival Frontier Group Holdings Inc. and reshaping the landscape for ultra-low-cost air travel. Most Read from Bloomberg Spirit said Tuesday it received an unsolicited proposal from JetBlue to buy outstanding shares for $33 apiece in cash. Spirit will work with financial and legal advisers to evaluate the offer, according to a statement. The surprise… Source link

Google started this week by disabling Google Maps live traffic service in Ukraine as per Reuters reports on Monday. Google said the decision was made to protect people in Ukraine who continue to face issues because of the ongoing tussle with Russia. But even then, its sudden unavailability is likely going to make people switch to another service available for live traffic updates. It’s called Yandex Maps, which comes from Yandex, also known as the Google of Russia. Also Read: War in… Source link

(Corrects typographical error in paragraph 4) By Chavi Mehta and Nivedita Balu (Reuters) – Intel Corp’s latest focus on making chips to meet rising demand will give Advanced Micro Devices Inc, its biggest rival in the server and PC market, a chance to build a greater foothold in the segment, analysts said. Intel, which plans large investments in chip technologies in the next four years, said on Thursday it expects revenue from its segment housing PCs to grow in low to mid single digits, and its… Source link

Rivian’s stock has an electric amount of upside potential.  At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas.  The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed. “An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and… Source link

Lucid shares fell as much as 14% on Thursday amid a selloff in electric vehicle stocks. The high-end EV maker is falling in sympathy with Tesla (TSLA) after the industry giant warned about supply-chain challenges.  Despite Tesla’s top and bottom line beat for its fourth quarter, investors are focused on product delays and parts constraints.  “Our own factories have been running below capacity for several quarters as supply chain became the main limiting factor, which is likely to continue… Source link

Brava, Brooke Forde. Brava.  The Olympic swimmer and Stanford grad student is taking a beautifully human stance when it comes to transgender swimmer Lia Thomas. For background: Thomas is a senior swimmer at the University of Pennsylvania; during her time in college, she came out and has transitioned from male to female. Current NCAA rules require that she undergo testosterone suppression for at least one year, and at this point, she has been doing it for well over two years. Before her… Source link

It was a big day for Polestar in New York City today at the company’s investor day, where it unveiled a number of new initiatives. First and foremost, the company unveiled its 3-year business plan, in which the pure-play electric-vehicle (EV) maker is going to have 5 current and future models out in the global market by 2024. The exclusive Polestar 1 plug-in hybrid and Polestar 2 EV are already out, but Polestar also confirmed the Precept concept will now be called the Polestar 5, a… Source link

The Pixel 6 Pro is the best phone Google has ever made, including every feature you’d want in a flagship… Source link

The Pixel 6 Pro has everything you’d look for in a 2021 flagship phone. It’s the best phone Google has… Source link

The Chromecast with Google TV remote.  David Katzmaier/CNET … Source link