Automation could destroy as many as 73 million U.S. jobs by 2030, but economic growth, rising productivity and other forces could more than offset the losses, according to a new report by McKinsey Global Institute.
December 1, 2017Search
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General Motors Says Self-Driving Taxi Fleets Coming in 2019
Big fleets of robot taxis â with no backup drivers â from General Motors could hit the streets of San Francisco and other cities in less than two years, the company said Nov. 30.
December 1, 2017BPâs New Existential Question: How to Advertise to a Machine
The anticipated proliferation of driverless cars will bring a brand new problem for the worldâs biggest oil companies -- how to advertise to a machine.
November 30, 2017Uberâs Well-Paid âWhistle Blowerâ Slammed by In-House Lawyer
An Uber Technologies Inc. security manager who was paid $4.5 million over his termination was derided by one of the companyâs top internal lawyers as a thief and âextortionistâ who made âfantasticalâ allegations of unethical conduct inside the company.
November 30, 2017Uber-Waymo Trial Delayed Again Following Allegations of Rogue Conduct at Uber
An Uber Technologies Inc. whistleblower made explosive allegations that a company team stole trade secrets to gain an edge over rivals, prompting a judge to further delay the ride-hailing companyâs trial with Waymo.
November 28, 2017Federal-Mogul Acquires Controlled Power Technologies
Federal-Mogul Powertrain completed the acquisition of U.K.-based Controlled Power Technologies Ltd., which has expertise in the development and manufacture of powertrain technologies for electrification and hybridization.
November 27, 2017Can Tesla Make Electric Work for Trucking?
HAWTHORNE, Calif. â Teslaâs success in the passenger-car arena has changed consumersâ perceptions and pushed the limits of whatâs possible with electric cars.
November 21, 2017Major Fleets Line Up to Test Tesla Semi
Large for-hire carriers and major retailers are reserving their places in line to be among the first to test the all-electric Tesla Semi in their operations.
November 21, 2017Truck Stocks Rebound After Tesla Leaves Crucial Details Out of Semi Plan
Tesla Inc.âs superstar chief executive Elon Musk unveiled a futuristic looking electric semi truck last week that surpassed analyst expectations and weighed heavily on the shares of truck and truck component makers.
November 22, 2017Robot Makers Fill Their War Chests in Fight Against Amazon
A few years ago, Amazon.com Inc. triggered a robot arms race when it purchased a company called Kiva Systems, maker of automated warehouse robots. Now its would-be rivals are landing bigger and bigger cash injections to try to compete with the e-commerce giant.
November 20, 2017