Gene Munster discusses how California in forcing drivers to be employees may ultimately speed up the efforts of Uber and Lyft to go fully self-driving and thereby simply eliminate all human drivers.
Waymo Technology Now Powering Driverless Rides, Trucking, and Delivery
We have ride-hailing, long-haul trucking, and then delivery as well. We’re also interested in personally owned cars. We’re very excited about the long haul trucking opportunity. We’ve already done a pilot with Google shipping some of their datacenter parts in Atlanta.
Big Tech Won’t Build Products That Are Part of the Kill Chain, Says Anduril Founder
I don’t think that Microsoft, Amazon, or any of these big tech companies are going to go all-in and say we are going to build products that are going to be controversial, part of the kill chain, and designed specifically for DoD, says the founder of Oculus VR and Anduril, Palmer Luckey.
Autonomy’s Former Execs “Welcome” FRC Investigation
Back in November 2012, HP announced its dismal quarterly results and blamed around $5 billion of its $8.8 billion impairment charge on “serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy prior to its purchase by HP in 2011. Autonomy…
HP Rebuffs Offers For Autonomy, EDS and Opens New Executive Center
The Wall Street Journal is reporting that HP has received offers to buy both Autonomy and EDS. The companies have lost much of their value since being acquired by HP, forcing around 16 billion in write-downs during HP’s last two…
HP Could Sell Off Divisions to Shore-Up Revenue
2012 was certainly a bad year for HP. The company saw its revenues fall and its stock price followed. Tens of thousands of planned layoffs have been announced, and ts last two quarterly reports have included write-downs of more than…
Can HP Survive the Post-PC Revolution?
On November 20, 2012, Hewlett-Packard (HP) announced its second quarterly write-down of over $8 billion dollars in a row. That in itself is cause for alarm, but the fact that HP blamed the write-downs on two of its largest recent…
Autonomy Founder Starts Website to Combat Fraud Allegations
Autonomy founder Mike Lynch has been outspoken since HP leveled accounting fraud allegations against his former company. The executive, who left Autonomy earlier this year, has denied any wrongdoing and has shot back at HP, stating that mismanagement and infighting…
Shareholders Sue Everyone Over HP/Autonomy Deal
When HP announced last week that it was taking an $8.8 billion impairment charge, and that $5 billion it is related to “serious accounting improprieties, misrepresentation, and disclosure failures” at Autonomy before HP acquired the firm, it was clear that…
Autonomy Founder Issues Open Letter to HP, HP Responds
Ever since HP’s announcement that it will take an $8.8 billion impairment charge, mostly due to what it calls “serious accounting improprieties, misrepresentations, and disclosure failures” at Autonomy prior to its 2011 acquisition by HP, Autonomy founder Mike Lynch has…