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1 min read

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   


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2 mins read

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   


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2 mins read

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   


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2 mins read

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   


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11 mins read

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   


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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   


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3 mins read

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   


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2 mins read

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   


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3 mins read

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   


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2 mins read

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 …

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4 mins read

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   


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2 mins read

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   


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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   


Nicholas Shields,Jonathan Cam…   


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3 mins read

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   


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1 min read

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   


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2 mins read

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   


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2 mins read

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   


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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   


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3 mins read

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…

Cadie Thompson  Â