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Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch-up in the race to connect the human brain directly to machines, according to four people familiar with the matter.

Musk Approaches Brain Chip Startup Synchron About Deal Amid Neuralink Delays -Sources

Dec 1, 2022 05:03 AM

2 mins read

Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch-up in the race to connect the human brain directly to machines, according to four people familiar with the matter.

EV Maker Nikola Beats Revenue Estimates On Higher Deliveries

By Reuters

Dec 1, 2022 05:03 AM

Nikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.

U.S. Lawmakers Urge Joint Use Of Funds For Broadband, EV Charge Stations

By Reuters

Dec 1, 2022 05:03 AM

A group of 10 U.S. House Democrats asked President Joe Biden's administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021.

Foxconn To Build Autonomous Electric Tractors At Ohio Facility

By Reuters

Dec 1, 2022 05:02 AM

Taiwan's Foxconn, the world's largest contract electronics maker, said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.

Foxconn Starts To Feel Sting Of Slowing Smartphone Sales

By Reuters

Dec 1, 2022 05:02 AM

Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled boom.

S.Korean EV Battery Maker SK On Raises $1.5 Billion In Expansion Push - Report

By Reuters

Dec 1, 2022 05:02 AM

The battery unit of energy group SK Innovation Co Ltd has been in talks with a local private equity consortium which includes EastBridge Partners, Korea Investment Partners and Stella Investment

Oil Settles Up As IEA Hikes 2022 Demand Growth Forecast

By Reuters

Dec 1, 2022 05:01 AM

Oil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.

Analysis-Oil Prices Turn More Volatile As Investors Exit The Market

By Reuters

Dec 1, 2022 05:00 AM

Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.

GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery Plant

By Reuters

Dec 1, 2022 05:00 AM

General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said.

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