The recent wave of SPAC mergers led to billions in goodwill write-offs last year. The trend — reported recently by The Wall Street Journal — illustrates the cost companies paid to close deals during a boom in special purpose acquisition company (SPAC) public listings in...
Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26) report in the Wall Street Journal (WSJ), citing sources familiar with the matter. In a...
January 05, 2024
Mobility technology firm Continental and self-driving technology company Aurora Innovation have finalized the design of a scalable autonomous trucking system and plan to start production in 2027. Finalizing the design and architecture of the future fallback system and hardware of the Aurora Driver autonomous driving system is the companies’ latest step in their plans to […]
April 09, 2023
The recent wave of SPAC mergers led to billions in goodwill write-offs last year. The trend — reported recently by The Wall Street Journal — illustrates the cost companies paid...
May 27, 2020
Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26)...