Bloomberg How big a threat are the new batch of robo-advisors to traditional active fund managers?Are they, as Sanford C. Bernstein & Co LLC put it in a new research note, an “innocuous robot like R2-D2 or are they Terminator?” To answer the question, Bernstein analysts opened multiple accounts at two prominent European based robo-advisors, Nutmeg Saving and Investment ...

  AFP BlackBerry Ltd. said it will work directly with Ford Motor Co. to develop automotive software, a move BlackBerry says will help it move into self-driving technology as the company looks beyond the smartphone market. Ford has been using software built by BlackBerry’s QNX unit for its Sync3 in-car infotainment system, but previously bought it through Panasonic Corp., QNX ...

  AP Ronald De Feo has watched robots take factory jobs for years. Now he sees them threatening a new class of worker: People who drive for a living. “I am in Pittsburgh; it’s a test market for Uber’s autonomous vehicle,” says De Feo, CEO of the industrial materials firm Kennametal. “We see all these (automated) Ubers running around the ...