Tag: apple
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VW Boss Believes Apple Could Become A Major Player In The Car Industry
VW Group chief exec Herbert Diess believes that technology giants now pose more of a challenge for the automaker going ahead than its conventional rivals. Last week, Diess mapped out a plan that will visit Volkswagen’s enormous Wolfsburg plant taking on Tesla’s Berlin Gigafactory, with the latter bound to draw engineers, workers and ultimately clients…
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Apple Is Reportedly Planning To Launch Cars By 2024
PA Images/Franco Grassi Apple is planning on giving Tesla a run for its money by releasing its own car, and is aiming to do so by 2024. From watches and phones, to iPads and Apple Music – it’s safe to say the tech giant has its fingers in many pies, but evidently it wants more.…
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Apple Car on its way with in-house battery; may launch in 2024
Apple Inc is reportedly working on self-driving car technology and is planning to produce a car or vehicle for consumers by 2024. However, it may be delayed to 2025 due to the pandemic. The efforts towards the self-driving car reportedly started in 2014, and the Cupertino-based tech giant even roped in its former employee Doug…
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Oracle is headed to Texas now, too
Austinites, watch out; another tech company is headed into town. Just days after Tesla CEO Elon Musk revealed during an interview that he has moved to Texas, and less than two weeks after HP Enterprise, a spin-out of the iconic Silicon Valley company Hewlett-Packard, announced that it is separately moving to Texas, yet another of…
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Tesla on track to follow Apple’s footsteps as a software-based service provider
Since the Full Self-Driving beta proceeds to roll out to more Tesla owners, that the EV automaker’s worth as a technology stock seems to becoming more evident to some individuals in Wall Street. In a research note published last week, Morgan Stanley’s Adam Jonas said that Tesla appeared to be after Apple’s playbook and getting…
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Silicon Valley’s workforce is falling out of love with massive tech campuses. Experts predict what will take its place are networks of satellite offices.
Amazon's office in Boulder, Colorado. Helen H. Richardson/The Denver Post through Getty Images The future of the tech office is not clustered in Silicon Valley, specialists advised Business Insider. Rather, tech companies will likely adopt a”hub-and-spoke” version, with satellite offices built across the US. At a post-coronavirus era, employees might have a”remote-first” job schedule, and…
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“One of my stocks just split. Am I richer now?”
If you’re an Apple or Tesla stockholder, you may have noticed that you’re now in possession of a bunch of new shares. On August 28, Apple did a 4-for-1 stock split. Three days later, Tesla split its shares 5-for-1. That means if you owned 100 shares each of Apple and Tesla before the split, you…
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Apple reportedly acquired VR startup Spaces as it continues its buying spree and foray into virtual and augmented reality (AAPL)
Josh Edelson/Getty Images Apple has acquired VR startup Spaces, Protocol reported Monday. Spaces, that creates themed virtual surroundings, had increased nearly $10 milion, according to PitchBook, but Protocol reported that the organization was struggling throughout the pandemic. Apple has made at least seven acquisitions this year, including another digital reality startup, NextVR, since it invests…
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Equity Shot: 1% is the new “growth”
Happy Saturday and welcome back into an Equity Shot, a short-form episode of Equity where people drill into one specific topic. There has been that type of thing —, so much news this week in our regions of attention — startup financing rounds venture capital we needed to exclude earnings from the show! (But actually,…
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Apple is donating 9 million protective face masks to help fight the coronavirus pandemic (AAPL)
Getty/Stephen Lam Apple is donating 9 million protective face masks to COVID-19 relief efforts in the US, the Vice President Mike Pence said in a press briefing on Tuesday. The vice president said he and President Trump recently spoke with Apple CEO Tim Cook. Cook is one of several tech CEOs that has pledged to…