LAS VEGAS — Mobileye (MBLY) shares jumped 5.3% in the stock market Wednesday as the driver assistance tech firm’s new mapping technology will be deployed with General Motors (GM) very soon. IBD spoke with Mobileye’s chief technology officer, Amnon Shashua, about the company’s strategy to achieve fully autonomous driving vs. that of Alphabet (GOOGL)-owned Google and Chinese Internet giant Baidu (BIDU). Mobileye and the auto industry in general are
An idea is gaining speed: the idea thatApple (AAPL) will partner with Tesla (TSLA), and Alphabet (GOOGL)-owned Google with Ford (F), in developing driverless car technology. While Apple and Google have advantages in innovative technology, they lack the manufacturing expertise and facilities of traditional automotive companies that can move R&D projects to commercial realities, says a new report from Thomson Reuters. Reports surfaced in late
Today’s Screen Of The Day is Young Guns, highly rated companies that have come public in the last 15 years. Today’s list includes four top performers that are in the midst of changes that could set their pace for the coming year: Avago Technologies (AVGO), Facebook (FB), Google parent Alphabet (GOOGL) and Alibaba Group (BABA). Avago Technologies Singapore-based chipmaker Avago Technologies provides semiconductors for the Apple (AAPL) iPhone, and