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I played "Angry Birds" on Magic Leap and it blew my mind
Rovio The gaming studio behind "Angry Birds" has made a version of the famous mobile game for mixed-reality headset Magic Leap. I got to demo the game, and it was the perfect use of Magic Leap's tech. I sel.....»»
Tesla"s China Expansion Is "Heart And Lungs" For EV Maker"s Growth Story, "Elon Musk Continues To Play Well," Says Analyst Amid Robotaxi Plans
Wedbush analyst Dan Ives has emphasized the significance of China in Tesla Inc.'s growth trajectory. This comes after reports of the company's plans to test its robotaxis in China. read more.....»»
EV maker Rivian leases South Sound warehouse
The Amazon-backed company also has previously announced plans to open a showroom in Bellevue Square......»»
Tesla layoffs have reportedly also hit its international offices
Tesla's layoff plans may not be confined to the US, with Reuters reporting jobcuts in China too, a major market for the EV maker. Tesla layoffs reportedly impacted workers in China in addition to the US.JOHN THYS / GettyElon M.....»»
Elon Musk"s Top Deputy Made "Difficult Decision To Move On From Tesla" As EV Maker Said To Be Laying Off Over 14,000 Workers: "I Have No Concrete Plans"
Tesla CEO Elon Musk has seen the departure of two of his top executives, including a senior VP after the electric car maker laid off over 10% of its global workforce. read more.....»»
Peloton plans to build first US factory in Ohio, add 2K jobs
Peloton Interactive plans to break ground on its first U.S. factory in Troy Township, Ohio, over the summer. The exercise equipment maker said the Peloton Output Park will make the Peloton Bike, Bike+ and Peloton Tre.....»»
Canadian electric vehicle maker to build buses and trucks at new Joliet factory, creating 745 jobs over next three years
The Lion Electric Company, a Canadian EV truck manufacturer, plans to build a $70 million factory in Joliet to produce up to 20,000 electric trucks and buses a year and create at least.....»»
VIS to buy AUO fab for NT$905 million
Specialty IC foundry Vanguard International Semiconductor (VIS) has announced plans to take over the L3B plant of LCD panel maker AU Optronics (AUO), and related equipment and facilities, for NT$905 million (US$32.4 million)......»»
Adata to acquire real estate for NT$2.62 billion
Memory module maker Adata Technology has announced plans to acquire real estate in Taipei, northern Taiwan for a total of NT$2.62 billion (US$93.4 million)......»»
Rivian plant gearing up for June launch, the return of automaking to Normal and the dawn of the electric vehicle age
Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»
Maker of Huggies and Kleenex to bring 250 jobs here, open Fulton Market office
Kimberly-Clark Corp., maker of Huggies diapers and Kleenex tissues, plans to bring 250 new jobs to Chicago, and open an office in the Fulton Market district next year. It will be a commercial center for its North American consumer products bu.....»»
Li Auto shares down 4% after debt issuance news
American depositary receipts of Li Auto Inc. fell more than 4% in the extended session Tuesday after the Chinese electric-car maker said it plans on offering up to $750 million in convertible senior notes due in 2028, subject to market condit.....»»
Phone-maker Xiaomi is investing $10 billion in a new electric vehicle unit as Apple and Huawei stay silent on their EV plans
Xiaomi said it would develop smart electric vehicles through a wholly-owned subsidiary led by Xiaomi CEO Lei Jun. Xiaomi CEO Lei Jun. Zhang Wei/China News Service/Visual China Group via Getty Images Chinese phone-maker Xiaomi plans t.....»»
EV-maker Rivian plans Tesla-like, mega-charging network
Electric-vehicle maker Rivian Automotive is borrowing a page from Tesla Inc. and building an exclusive, fast-charger network for its coming R1T pickup and R1S SUV. Dubbed the Rivian Adventure Network, it promises an ambitious, 600 super-charging stations.....»»
MarketWatch: Intel stock rallies as CEO Gelsinger announces aggressive manufacturing buildout
Intel Corp.'s stock surged late Tuesday as the chip maker announced aggressive plans to expand its manufacturing capacity to take back its leadership ......»»
Tesla names new head of trucking division as the company nears its first Semi deliveries
Long-time Tesla executive Jerome Guillen is moving to head the EV maker's heavy trucking division, according to a regulatory filing. Tesla plans to start delivering the Semi in limited numbers this year. Tesla Jerome Guillen, former.....»»
PayPal to acquire Curv as it bolsters crypto ambitions
PayPal Holdings Inc. announced Monday morning that it plans to acquire Curv, an Israel-based maker of cloud infrastructure for digital-asset security. Terms of the deal weren't.....»»
Analyst "shocked" after Workhorse loses Postal Service contract; company plans to fight
Electric vehicle maker Workhorse Group Inc. plans to take action to see if it can salvage something from its lost opportunity to win a lucrative U.S. Postal Service contract......»»
Workhorse plans to fight losing the USPS"s NGDV contract
Workhorse Group Inc. isn't sitting still after losing the U.S. Postal Service's Next Generation Delivery Vehicle (NGDV) contract to Oshkosh Corp. , as the electric vehicle maker said Wednesday that it has requested "additional information" fro.....»»
What Biden’s EV Plans Mean for a Korean Battery Fight
The U.S. International Trade Commission dealt a significant blow to SK Innovation Co. in early February when it banned the South Korean battery maker’s products from the U.S. for 10 years. It also threw a wrench in the works for Ford Motor Co. .....»»