A strategic partnership with Microsoft was announced Tuesday by General Motors and Cruise aimed at speeding up the commercialization of shared self-driving vehicles. In addition, Microsoft will be joining GM, Honda and some institutional investors in adding US$2 billion to Cruise's coffers, bringing the value of the shared self-driving vehicle company to $30 billion...
Launching a new car company and getting it to global scale doesn't happen often, and it has been a long time since there has been a successful launch of one in the U.S. Tesla really stands alone as the only new U.S. car company of scale since American Motors and Studebaker failed decades ago, when t...
IBM and A.P. Moeller-Maersk on Tuesday announced a joint venture to create a platform based on Hyperledger Fabric 1.0, with the goal of creating huge efficiencies in the global supply chain. IBM and Maersk have teamed up to provide a more efficient method of standardizing shipping logistics using bl...
One of the few policies that President Donald Trump's administration has carried over from his predecessor is that the federal government needs to make vast information technology performance upgrades -- especially to cloud-based platforms. That should comfort vendors seeking business in the federal...
Ford Motor Company has unveiled details about its use of Microsoft's HoloLens augmented reality technology in the automotive design process. Ford's design teams have swapped out their clay-sculpting tools -- a staple of the automotive world since the 1930s, when Harley Earl introduced them at Genera...
Salesforce held its Connections 2016 user event in Atlanta earlier this month. About 7,000 people attended, but in the Georgia World Congress Center and airplane hangar, attendance seemed smallish. It might have been held down by Gov. Nathan Deal's slow response to vetoing a religious freedom law la...
General Motors has agreed to invest $500 million in Lyft, and the companies will work together to develop an integrated network of autonomous vehicles, they said in a joint announcement on Monday. As part of the agreement, GM will become a preferred provider of short-term vehicles to Lyft customers,...
Salesforce shares rose to an all-time high Thursday, after the company reported better-than-expected revenue during the quarter and raised earnings estimates for 2016. Salesforce on Wednesday reported earnings of 21 cents a share and a revenue increase of 24 percent to $1.71 billion, compared with...
Tesla Motors' stock price on Tuesday dropped more than 11 percent following Consumer Reports' withdrawal of its favorable recommendation for the company's Model S sedan. Poor reliability contributed to the decision to withdraw its recommendation, but the magazine noted that 97 percent of Tesla owner...
Elon Musk must have been channeling ex-Microsoft CEO Steve Ballmer last week, when he commented to the German Press that Apple wasn't poaching Tesla's good employees, it was getting folks who couldn't cut it at Tesla. Apple apparently has been paying a lot for ex-Tesla talent. That undoubtedly is tr...
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