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Velodyne Lidar soars 25% after issuing Amazon warrant to buy nearly 40 million shares of the autonomous driving tech company
Velodyne Lidar, which went public in 2020, issued 39.6 million shares to an Amazon subsidiary, repr…
Isabelle Lee  Â
US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
Fourth-quarter consensus EPS is now tracking 6% above where it stood on January 1, which is higher …
Isabelle Lee  Â
Autonomous vehicle tech company Velodyne Lidar has hired bankers for an IPO in a high-stakes moment for the emerging industry
Yet money continues to flow into the sector as competition grows between some of the biggest player…
Becky Peterson  Â
Lidar stocks extend 2-day pop to more than 30% on report that Apple is building its own car
A self-driving car company that doesn't rely on lidar sensor technology is Tesla, which instead uti…
Matthew Fox  Â
The world's youngest self-made billionaire hopes to power every future self-driving car with a technology that Elon Musk says is 'doomed'
Austin Russell, 25, became the youngest self-made billionaire after taking Luminar, which builds li…
Hillary Hoffower  Â
Two new ETFs will be purely exposed to post-SPAC public companies - and one of them is going short
"You can decide how you want to play it, from the long side or the short side," said the CEO of Tut…
Natasha Dailey  Â
Google just made a big move to bring down the cost of self-driving cars
Waymo has recently changed some of its self-driving car plans in what appears to be an effort to br…
Danielle Muoio  Â
Ford just made a big bet on an expensive self-driving technology
Ford's move with with Velodyne is just the latest in a series of investments in Silicon Valley by D…
Matthew DeBord  Â
Uber isn't even using the custom self-driving-car tech at the heart of a Google lawsuit
Uber, one of the largest ride-hailing services, said its autonomous vehicles are currently relying …
Danielle Muoio  Â
Google just gave a clue about how it plans to make self-driving cars much more affordable
That could mean that Google plans to continue working with an outside vendor, such as Velodyne but …
Ford's chief engineer for driverless cars reveals 3 big issues holding back the technology
The study, conducted by market research firm Vital Findings, surveyed 2,264 individuals ranging in …
Danielle Muoio  Â
Tesla is addressing one of its customers' biggest complaints by starting to do collision repairs through its service centers and mobile service fleet
Since the release of Tesla's Model 3 sedan in 2017, some customers have complained about long waits…
Mark Matousek  Â
Silicon Valley and the auto industry are starting to enjoy a beautiful friendship
The trend is that city dwellers are increasing the pace at which they use ride-sharing services suc…
Matthew DeBord  Â
TRANSPORTATION AND LOGISTICS BRIEFING: GM acquires Strobe for self-driving car push - DHL and Nvidia to test self-driving delivery trucks - Flexport expands into trade financing
The self-driving technology will not replace delivery truck drivers - instead, the technology is me…
Nicholas Shields,Jonathan Cam…  Â
10 things in tech you need to know today
Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Busi…
Shona Ghosh  Â
This one change to self-driving cars will make them nearly $75,000 cheaper
LIDAR sensors might be getting a lot cheaper thanks to Velodyne.Follow BI Video: On Facebook
Emmanuel Ocbazghi  Â
Ford says it will have the biggest fleet of self-driving cars in the auto industry
"We will continue to work with others not just in vehicles for retail customers, but also on autono…
Benjamin Zhang,Matthew DeBord  Â
Ford's self-driving car can operate in complete darkness
So why is it such a big deal? For one, it was successful in conditions no human could ever handle w…
Danielle Muoio  Â
A Chinese Internet giant just made a big move to compete with Tesla in the self-driving car space
Tesla cars are already being built with the hardware to support full self-driving capabilities and …
Danielle Muoio  Â
Ford's fleet of self-driving cars will be here by 2021
"Right now we have quite a bit of experience working with our hybrid Fusion platform. But we are le…