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Ferrari is planning an all-electric supercar

1516128058 h 160449 car limited edition special series 150x150 - Ferrari is planning an all-electric supercar

Ferrari is going to going to build an EV that will aim to have no peer – including from the likes of Tesla. Fiat Chrysler CEO Sergio Marchionne said that its planning to both build its first electric supercar, and debut its first ever SUV, with the latter arriving sometime in either 2019 or 2020, […]

US & Canada VCs favor late-stage giants over upstarts in Q4

1515869468 q4 hero bg1 150x150 - US & Canada VCs favor late-stage giants over upstarts in Q4

Startup investors in the U.S. and Canada have been putting a little less money to work across a lot fewer deals in recent months. After three quarters of rising investment at early through growth stage, VCs have cut back in the fourth quarter of 2017. They participated in fewer deals and invested less capital compared […]

CES should move to an innovative city

1515713786 8e40deef758d4274a726bedfafc6e912 150x150 - CES should move to an innovative city

CES, the yearly bacchanal of tech and innovation, has outgrown its shell. Las Vegas has been home to the event since the late 1970s and, for better or worse, the city has survived and served the influx of technologists who flock to the event each year to see the latest and greatest. But two things […]

Chronext raises $34 million to bring nice watches to your bare wrist

1515696035 chronext mockup 1 150x150 - Chronext raises $34 million to bring nice watches to your bare wrist

There are a number of services that let you sell your used watches or simply purchase new watches but few have the funding war chest of Chronext. This online services lets you buy and sell fancy watches for a fraction of the price and, as evidenced by their performance and the performance of competitor Crown […]

Winning deals as a new venture capital fund

1515616855 who is a vc 150x150 - Winning deals as a new venture capital fund

TX Zhuo is the managing partner of Fika Ventures focusing on fintech, enterprise software and marketplace opportunities. More posts by this contributor: This is my third time joining a new firm and second time starting one of my own. One would think that I would remember the challenges of building up a new firm, like […]

Baidu and AMI launch Southeast Asia joint venture and $200M fund

1514996518 gettyimages 458948860 150x150 - Baidu and AMI launch Southeast Asia joint venture and $200M fund

Baidu teamed up with Asia Mobility Industries to launch a new Singapore-based mobility venture fund, called ‘Apollo Southeast Asia.’. This will also help establish a foothold for Baidu to pursue commercialization of its autonomous driving platform in the region, and source strategic partners for its deployment. The fund being launched along with the joint venture […]

Baidu teams with US paratransit agency on LA self-driving pilot

1515451310 baidu 150x150 - Baidu teams with US paratransit agency on LA self-driving pilot

Baidu’s rolling out a new autonomous driving pilot in the U.S. under its Baidu USA division, working in partnership with Access Services, a paratransit provider that offers transit 24/7 in the LA county area to clients who need assistance in getting around. The small-scale pilot will cover a few short routes in the Los Angeles […]

Toyota’s mobility business shifts into high gear at CES

1515437106 pizzahut 2018 jan 08 150x150 - Toyota’s mobility business shifts into high gear at CES

Toyota took advantage of CES 2018 to signal a major shift in its business, becoming what company president Akio Toyoda termed a “mobility service company” during his keynote presentation. Toyota seems poised to embrace mobility services as a core part of its overall business, rather than an offshoot or subsidiary concern, based on Toyoda’s comments […]

Baidu and ZF tap Nvidia Drive for self-driving compute tech

1515388883 nvidia ces 2018 0450 150x150 - Baidu and ZF tap Nvidia Drive for self-driving compute tech

Nvidia announced at its CES 2018 keynote that it’s now partnering with two Chinese companies on bringing autonomous driving to roads, including Baidu and automaker ZF. Nvidia CEO Jensen Huang announced that Nvidia’s Drive Xavier autonomous compute platform would be used for Baidu’s Apollo project, which aims to offer an open platform for self-driving cars […]

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