Innovation

Alphabet-owned Waymo recently announced the details of its latest self-driving technology, known as “generation 6.” This new driverless tech has been integrated into Geely Zeekr electric vehicles and is designed to handle a wider array of weather conditions without the need for as many expensive cameras and sensors on board. Satish Jeyachandran, Waymo’s vice president
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Coraline, the stop-motion animated film by Henry Selick, celebrated its 15th anniversary with a solid performance at the domestic box office. The movie secured the fifth spot with $8.63 million over the three-day weekend, playing on 1,603 screens. The total earnings reached $11.6 million, surpassing its previous record for Fathom Events. Last year, Coraline became
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Starbucks, a once thriving coffee giant, is now facing numerous operational issues that have been impacting its sales in recent quarters. Mobile orders, accounting for one-third of Starbucks’ total sales, have created chaos in stores, leading to frustrated customers, overwhelmed baristas, and long wait times. Former CEO Howard Schultz has identified the mobile app as
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SpaceX is gearing up for an exciting new mission, Polaris Dawn, which is set to launch at the end of the month. This mission, part of billionaire Jared Isaacman’s Polaris Program, will mark the first attempt at a spacewalk by a private venture. The crew, led by Isaacman himself, will include long-time colleague Scott Poteet,
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Despite the ongoing litigation and financial challenges faced by Landmark Theatres, the company remains resilient in its commitment to the business. With a recent judge setting an auction date for the chain and other properties due to defaulting on a significant loan, the future may seem uncertain. However, Landmark Theatres is dedicated to finding a
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The volatile nature of the stock market is evident in the premarket trading activities of various companies. Kellanova’s shares rose significantly after agreeing to be acquired by Mars, while Alphabet experienced a drop in share prices due to reports of potential regulatory actions. This highlights the influence of external factors on company performance and investor
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Chipotle took a hit on Tuesday with a significant drop in their stock price due to the announcement that CEO Brian Niccol will be leaving his position at the end of August to lead Starbucks. The stock plummeted by 10% during the day, ultimately closing 7% lower than the previous day’s close. Since taking over
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India’s markets regulator issued a statement urging investors to stay calm and exercise caution in response to reports from US-based shortseller Hindenburg Research. The report in question alleged that the head of Securities and Exchange Board of India (SEBI), Madhabi Puri Buch, had previous investments in offshore funds also utilized by the Adani Group. Despite
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John Schulman, the co-founder of OpenAI, recently announced his departure from the Microsoft-backed company to join Anthropic, an artificial intelligence startup funded by Amazon. This move comes shortly after the dissolution of OpenAI’s superalignment team, which was dedicated to ensuring human control over advanced AI systems. Schulman, who led OpenAI’s post-training team focused on AI
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The U.S. Commerce Department is reportedly considering a proposal to prohibit Chinese software in autonomous and connected vehicles, a move that could have far-reaching implications for the automotive industry. According to sources familiar with the matter, the Biden administration is expected to introduce a rule that would ban Chinese software in vehicles with Level 3
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