In a statement electric vehicle startup Faraday Future’s Chief Executive Carsten Breitfeld said, it is aiming to go public through a reverse merger with a special-purchase acquisition company (SPAC). “We are working on such a deal … and will be able to announce something hopefully quite soon,” said Carsten Breitfeld of the potential SPAC deal.…
Uber Technologies Inc will be closing its office in downtown Los Angeles in order to focus on its bigger locations. This office used to employ staff for customer support. The development will impact 80 jobs. Uber’s spokesman confirmed the closure in a statement. Customer support jobs will be shifted Uber’s office in Manila, reported the…
In a statement the California Institute of Technology stated, it has won a $1.1 billion jury verdict in a patent lawsuit against Broadcom and Apple. In the case, filed in a federal court in Los Angeles in 2016, Pasadena, California-based CalTech had alleged that Broadcom wi-fi chips used in hundreds of millions of Apple iPhones…
The new console will sport 120Mhz refresh rates, will include an SSD and an AMD chip. Expect to snag one during the 2020 holiday shopping season. Microsoft has unveiled its next-gen Xbox console, called “Project Scarlett” which will hit the stores during the 2020 holiday season. In the Xbox E3 conference in Los Angeles, Microsoft…
IKEA Group to aims to provide all of its deliveries vide EV or zero emission vehicles by 2025. On Friday, IKEA Group, the owner of most IKEA stores worldwide, stated, all of its home deliveries in the inner cities of Paris, Amsterdam, New York, Los Angeles, and Shanghai would be made by electric vehicles or…
Uber is working with aviation regulators around the globe to win up-front approvals and aims to demonstrate the service in 2020 with paid flights set to begin in 2023. In a strategic move, Uber Technologies Inc has re-opened a contest for the selection of the first international city for its proposed flying taxi project. The…
With Israel being home to one of the biggest tech sectors in the world, the carrier is strategically re-branding itself and expanding its footprint in North America. On Wednesday, Israeli Airlines El Al Israel Airlines Ltd stated it will commence nonstop flights between Tel Aviv and San Francisco as it continues to expand its footprint…
Through Waze and Waymo, Alphabet’s strategy of positioning itself as a key player in the transportation industry becomes clear. In what is seen as the largest ever rollout of Alphabet-owned Waze, starting from next week, the navigation app will expand its carpool service throughout California, including the key car hub of Los Angeles. The ride…
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