Technology

Ford takes driverless delivery demo to congested Miami roads

Bloomberg Ford Motor Co. is taking its driverless delivery trials to South Beach to continue testing consumer response to receiving pizzas and packages from the back of a robot ride. The automaker is deploying a handful of delivery vehicles on the clogged byways of Miami and Miami Beach to serve up Domino’s pizza, groceries and other cargo. They’ll be dressed ...

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Apple plans AirPods upgrade to bolster wearables business

Bloomberg Apple Inc., seeking to bolster its wearables business, is working on upgrades to its wireless AirPods headphones, according to people familiar with the matter. Like with its mobile devices—the iPhone, iPad, and Apple Watch—Apple intends to frequently update the AirPods with new hardware features. The Cupertino, California-based technology giant is working on a new version for release as soon ...

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Vision Esports raises $38 million from Evolution Media, Cardinals

Bloomberg Vision Esports, an investment fund focussed exclusively on professional video gaming, has finished a $38 million funding round led by Evolution Media, the firm founded by Creative Artists Agency and TPG Capital. It’s one of the bigger efforts to gather money in the fast-growing esports industry. Other new Vision Esports investors include baseball’s St. Louis Cardinals, Giants wide receiver ...

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Spain’s auto parts supplier lightens up for EV era

Bloomberg Gestamp Automocion SA will be largely insulated from the car industry’s high investment costs to develop electric autos after taking steps years ago to produce the large, lightweight metal parts the vehicles need, Chairman Francisco Riberas said. Gestamp’s leadership in hot-stamping technology already enables it to supply lower-weight steel body structures and chassis that help automakers grapple with ways ...

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Uber CEO to court carmakers beyond Toyota for self-driving

Bloomberg The world’s largest car maker and biggest ride-hailing company plan to team up on autonomous driving as technological changes sweep through the transportation industry. Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., posted a photo on Twitter of him and Toyota Motor Corp. President Akio Toyoda and Executive Vice President Shigeki Tomoyama at the automaker’s headquarters. The Uber ...

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Smart home of the future

Bloomberg Don’t worry: Technology may come and go, but some things never change. In the not-so-distant future, cars will drive themselves and men may become obsolete (sorry, guys), but home will always be home. It’ll just be a heck of a lot smarter. Granted, some tech is better than other tech. No one needs a Wi-Fi-connected juice press that doesn’t ...

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Apple’s HomePod speaker has its limits

Bloomberg Apple Inc.’s HomePod, the company’s first foray into speakers in a decade, costs $216 to build and generates thinner profit margins than other products like the Apple Watch and iPhone, according to analysis by TechInsights. Given the HomePod’s $349 price, that $216 cost suggests Apple is generating margins of about 38 percent, according to the product analysis firm. That ...

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$2mn Cigarette Racing Boat

Bloomberg Mercedes-AMG GmbH debuted its latest collaboration with Cigarette Racing, the 515 Project One. The $2 million superboat has 3,100 total horsepower and can hit a top speed of 140 miles per hour. The look and colour scheme of the boat is based on the Mercedes-AMG Project One hybrid supercar developed from Formula 1; it’s the fastest, most advanced boat ...

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Tech is modernizing China’s Lunar New Year holiday

Bloomberg In many ways, China’s Lunar New Year holiday is America’s Thanksgiving, Christmas and Independence Day all rolled into one. Millions of Chinese take planes and trains to make the journey home (or abroad) to visit family and friends. Copious amounts of food are shared and gifts are exchanged as people ring in the first days of the moon’s new ...

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A ‘driverless’ threat to real estate laws

Bloomberg The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to canals, railways to highways. It’s still “a no-brainer” in the 21st century, says Bridget Buxton. She bought a fixer-upper with her husband in a ...

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