Category: United States
Tesla is searching “central” U.S. for a Cybertruck gigafactory site
Tesla CEO Elon Musk said the company is “scouting” locations to build a new U.S. factory that will produce its all-electric Cybertruck and Model Y crossover. The “gigafactory,” the unit of measurement representing billions and a term Musk has used for its massive factories in Nevada, New York, China and…
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European startups applaud Commission plan to rethink stock options
Startups have welcomed proposals from the European Commission aimed at cutting red tape and shrinking cross-border barriers for small businesses as part of a new EU industrial strategy plan with a twin focus on digital and green transitions unveiled today. Among the package of measures being proposed by the European…
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XYZ Reality secures £5M to bring a hologram headset to the construction industry
Augmented reality technology did not, it turns out, light the touch paper on a booming new industry. What we got instead were a few cute applications on smartphones and devices like Microsoft’s HoloLens, which has seen pretty limited success. Where AR has proved that it may have a future is…
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BMW axes plans to bring electric iX3 SUV to US
BMW will not bring the iX3, the automaker’s first electric crossover, to the U.S., the latest automaker to shift its EV strategy to Europe and China. BMW told Automotive News, the first media outlet to report the change, that at this time, it doesn’t have plans to bring iX3 to…
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Edtech startups prepare to become ‘not just a teaching tool but a necessity’
As classrooms close to limit the spread of the coronavirus, educators scramble to move learning online Natasha Mascarenhas 8 hours As Stanford, Princeton, Columbia and others shutter classrooms to limit the coronavirus outbreak, college educators around the country are clambering to move their classes online. At the same time, tech…
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Cadillac cancels debut of all-electric Lyriq over COVID-19 concerns
Cadillac has cancelled the upcoming debut of the Lyriq, an all-electric mid-sized SUV designed to be an entry point into luxury brand’s new EV lineup, over concerns about the COVID-19 outbreak. GM’s luxury brand had planned to reveal the Lyriq on April 2 at an event in Los Angeles. COVID-19,…
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