Daimler AG's the Commercial truck unit manufacture and Waymo
announced on Tuesday that they will work together on the development of
self-driving Class 8 semi-trucks, by introducing Waymo’s automated system to
Daimler`s Freightliner Cascadia.
The
partnership accelerates a race to put automated heavy-duty trucks on the road,
with a handful...
AIG
announces restructuring of its businesses and new CEO
AIG announced that the company
is going to separate the life and retirement business from the rest of the
company. AIG also Appointed Peter Zaffino as CEO, effective next year. AIG
share increases by 8% in extended trading.
Cerence
Inc. (CRNC) last week announced selection of its automotive assistant
products by one of the largest automakers in China, Dongfeng Motor Corporation.
Cerence
is global industry leader which creates an artificial intelligence (AI)-based
unique, moving experiences for the automotive world. Dongfend selected products
from Cerence as well as Asia’s...
Chevron,
one of the major oil&gas producer is shifting its focus to the Middle East
from U.S shale gas reserves because of the political changing scenario.
CEO
of the Chevron Michael Wirth said that there is a reconciliation atmosphere
going on which can make a Middle East favourite...
Sypris
Solutions, Inc.’s (SYPR) subsidiary Sypris Electronics, LLC recently received
multiple contract awards from a prime contractor of the United States
Department of Defense.
The
contract awards are to manufacture a range of mission-critical electronic
assemblies to be used by different programs of the US government. The
subsidiary company is...
Veritone,
Inc. (VERI) made a new strategic alliance with pioneer eDiscovery
infrastructure specialist firm George Jon.
Veritone
is the creator of the world’s first operating system for artificial
intelligence, aiWARE where as George Jon is a forensic specialist in eDiscovery
and compliance platform, product and services. The alliance will make...
Rackspace
Technology, Inc. (RXT) has provided support to gohenry in its global expansion
strategy by shifting its IT infrastructure to Google Cloud. The multicloud
technology solutions company also provided gohenry with advanced digital
security and scalability for its next-generation money app.
gohenry
is a prepaid Visa debit card and...
EverQuote,
Inc. (EVER) commenced the month completing acquisition of Evansville, Indiana-based
leading health insurance agency Crosspointe Insurance & Financial Services,
LLC.
The Cambridge,
Massachusetts-based EverQuote is operator of an online insurance marketplace
connecting consumers with insurance agencies and provides them free service
that helps consumers compare quotes on auto insurance.
Genasys
Inc. (GNSS) signed a definitive acquisition agreement with Amika Mobile.
Genasys is a leading provider of critical communications systems and solution
while Amika Mobile is an enterprise software company based in Canada which
provides solutions for critical event situational awareness as well as products
for communications and controls.
Microbot
Medical Inc. (MBOT) recently completed its feasibility animal study
successfully. The study was concluded using LIBERTY Robotic System, company’s surgical
robotic system which is world’s first for being fully disposable system.
The
study achieved all its end point targets without facing any adverse incident in
using that system....