Technology business news on AI, semiconductors, software and Big Tech, and what it means for investors.
Barnes & Noble CEO James Daunt has highlighted what he sees as a key weakness in Amazon’s approach to bookselling, despite the e-commerce giant’s dominant position in the market. While Amazon sells approximately 700 million books annually and controls roughly half of all book purchases, Daunt argues
In the rapidly evolving drone technology sector, Duke Robotics Corp (OTCQB: DUKR) is emerging as a notable innovator by successfully bridging military and civilian applications. The company’s recent achievements in both sectors showcase its ability to develop practical solutions for complex challenges across different industries. The company’s latest
New data from the National Highway Traffic Safety Administration (NHTSA) reveals that Stellantis topped the automotive industry for total recalls issued in 2024, surpassing Ford’s previous dominance in this unwanted category. The multinational automaker, which oversees brands including Chrysler, Dodge, Jeep, and Ram, issued 72 recalls affecting approximately 4.
Major technology companies are taking preemptive measures in response to Donald Trump’s proposed trade policies, even before his anticipated return to the White House. The president-elect’s plans to implement substantial tariffs against several trading partners, including China, have sparked early reactions from Silicon Valley’s biggest players.
Actelis Networks (NASDAQ: ASNS), a company long recognized for its hybrid-fiber networking technology, has taken a significant leap into the realm of infrastructure security with the launch of MetaShield. This AI-powered solution is designed to protect critical infrastructure and IoT networks from escalating cyber threats, offering industries a
ByteDance’s social media platform TikTok is taking its fight against potential U.S. restrictions to the nation’s highest court, with the Supreme Court agreeing to hear arguments in a case that could determine the app’s future in America. The hearing, scheduled for January 10th, will address ByteDance’
Nvidia, the leading AI chip manufacturer, is facing challenges as reports emerge of production delays affecting its relationships with key customers in the electric vehicle sector. The company’s stock has entered a correction period, with shares declining amid shifting market conditions and concerns about AI spending patterns. Recent reports
Hypersonic technology is taking center stage in aerospace innovation, with speeds reaching Mach 5 – approximately 3,800 mph – enabling theoretical travel times like New York to Los Angeles in just 30 minutes. NASA has embraced this frontier, focusing on developing point-to-point and space-access hypersonic vehicles, with ambitions
General Motors announced it is ending operations of its Cruise autonomous vehicle division, marking a significant shift in the company’s strategy toward self-driving technology. The decision, revealed on December 10, comes as GM reevaluates the substantial costs associated with developing and maintaining a robotaxi service. During a call
Deutsche Bank analysts recently reported meeting with Tesla’s Head of Investor Relations, Travis Axelrod, where discussions revealed plans for a new vehicle dubbed the “Model Q.” According to the bank’s analyst Edison Yu, this more affordable Tesla model is slated for launch in the first half of 2025,
Amazon is expanding into automotive retail through a groundbreaking partnership with Hyundai that enables customers to purchase new vehicles directly through the e-commerce giant’s platform. The innovative service, dubbed Amazon Autos, aims to streamline the car-buying experience by eliminating traditional dealership negotiations. The new digital car-shopping
Telecommunications giant Verizon is facing criticism from customers following its latest fee adjustment announcement. The company, which serves over 156 million customers across the United States, plans to increase its Administrative and Telco Recovery Charge by $0.20 per line starting December 18. The modification was initially spotted by a
