Tesla Analysts Warn on Demand, Profits as Quarter Nears End
The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”
June 20, 20195 Telematics Reports Every Fleet Needs
In the age of ELDs, fleets are now able to collect huge volumes of data on fleet operations. But most aren’t effectively analyzing and leveraging that data to improve safety and efficiency. In this session, fleet management veteran Adam Bruttell, Vice President at MiX Telematics North America, will review the 5 Telematics Reports Every Fleet Needs, and describe how fleets can improve their ability to collect and analyze ELD data to drive ongoing operational improvements.
June 20, 2019Shopify Sets Up Fulfillment Network in US, Just Like Amazon
Shopify Inc. plans to spend $1 billion to set up a network of fulfillment centers in the United States to help merchants using its e-commerce platform deliver products more quickly and cheaply, much the way Amazon.com does.
June 19, 2019Perspective: The Movement of Goods Can Be Eased by Technology
Companies must consider tools that can improve control over the distribution process and maximize efforts that contribute to the bottom line, says Brian Hodgson of Descartes Systems Group.
June 19, 2019Blackstone CEO Stephen Schwarzman Gives Oxford University $189 Million for AI Studies
LONDON — American billionaire Stephen Schwarzman, CEO of the private equity firm Blackstone, has given Oxford University $188.6 million for a new institute that will study the ethical implications of artificial intelligence and computing technologies.
June 19, 2019Walmart Targets Automated ‘Middle-Mile’ Delivery to Cut Shipping Costs
Walmart Inc. came to dominate retailing through its mastery of logistics. But even the world’s biggest store doesn’t make money selling its wares online in the United States, largely due to runaway shipping costs. So the retailer is turning to robots.
June 19, 2019Tesla Downplays Defense Company’s Hack Into Model 3 GPS System
An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker’s latest Autopilot technology, sending the vehicle off its intended route.
June 19, 2019Volvo Group, Nvidia to Co-Develop Autonomous Vehicles
The Volvo Group announced it has expanded its relationship with Nvidia Corp. and the two companies will co-develop the decision-making system for Volvo’s autonomous commercial vehicles intended eventually for use on public roads and transportation facilities, among other applications.
June 18, 2019VW Steps Up Software Push With Own Operating System
Volkswagen AG is stepping up the pace of its digital transformation with a plan to pool some 5,000 digital experts into a single unit that will develop “vw.os,” a uniform software operating system across all new models.
June 18, 2019Target Takes a Hit From $50 Million Register Outage
The impact of Target Corp.’s weekend register glitch won’t show up until the retailer discloses quarterly revenue in August, but it could have cost the company about $50 million in lost sales, according to one analyst.
June 17, 2019