Login

Technology News

Mobileye, which confidentially filed for its IPO earlier this year, reported first-half revenue of $854 million, a 21% jump from the year-ago period, according to its IPO filing. In 2021, Mobileye posted $1.4 billion of revenue.
Intel's Mobileye files for listing in first sign of thawing tech IPO market
Calender
Oct 27, 2022 01:26 PM
clockimg
2 mins read
Mobileye, which confidentially filed for its IPO earlier this year, reported first-half revenue of $854 million, a 21% jump from the year-ago period, according to its IPO filing. In 2021, Mobileye posted $1.4 billion of revenue.
Musk Says Excited By Twitter Deal Despite Overpaying
Musk Says Excited By Twitter Deal Despite Overpaying
calender
Oct 27, 2022 01:00 AM
Musk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker's quarterly report. The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal.
Boosting EU Chip Supplies, Stmicroelectronics Plans New Plant In Italy
Boosting EU Chip Supplies, Stmicroelectronics Plans New Plant In Italy
calender
Oct 27, 2022 12:07 AM
As demand soars for chips used in everything from smartphones to cars, supply chain bottlenecks going on for almost two years have created havoc in several global industries, including automotive, healthcare and telecoms.
As EV Sales Grow, Battle Over U.S. Road Weight Limits Heats Up
As EV Sales Grow, Battle Over U.S. Road Weight Limits Heats Up
calender
Oct 26, 2022 08:05 PM
Even before a recent spike in EV sales, U.S. roads have been carrying heavier loads, as cars and trucks climbed from an average of 3,200 pounds (1,451 kilos) to 4,200 pounds over the last four decades, according to the Environmental Protection Agency.
Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?
Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?
calender
Oct 26, 2022 07:42 PM
The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have tried to replicate it.
XPeng Showcases Flying Car At Tech Day Event In China
XPeng Showcases Flying Car At Tech Day Event In China
calender
Oct 26, 2022 05:47 PM
XPeng has been touted as the Tesla of China and it has showcased capabilities that are similar to the American giant
Elon Musk Admits That Tesla Will Not Get Approval For Self-Driving Cars
Elon Musk Admits That Tesla Will Not Get Approval For Self-Driving Cars
calender
Oct 26, 2022 05:27 PM
Elon Musk has finally admitted that Tesla wouldn't be getting a driverless car permit anytime soon.
Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
calender
Oct 25, 2022 09:49 PM
Foxconn said it was "cautiously optimistic" about its fourth-quarter revenue outlook after reporting record-breaking September sales.
Mobileye IPO Not Capital Raise, But Market Entry -Intel CEO
Mobileye IPO Not Capital Raise, But Market Entry -Intel CEO
calender
Oct 25, 2022 09:12 PM
Intel's CEO Pat Gelsinger said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market.