Amazon wants the public and - especially other businesses - to know it’s not giving up on its Just Walk Out technology. Although the company is ditching the cashier-less checkout system at its Amazon Fresh grocery stores, it plans to sell the technology to more than 120 third-party businesses by the end of the year. “For us, really making sure that we can service that third-party market is the most important thing,” Jon Jenkins, the vice president of Just Walk Out at Amazon, said in an interview...
Continue ReadingAlphabet's (GOOGL) Google adds an animated comment count feature in the info pill section of YouTube for Android TV, strengthening YouTube's subscriber base...
Continue ReadingAfter a series of victories against the Detroit Three automakers last fall, United Auto Workers (UAW) President Shawn Fain is now trying to use his influence to organize other U.S. auto factories that have stayed out of the union's ambit. The UAW has tried and failed for years to organize nonunion U.S. auto factories, most of them built by Asian and European automakers in southern U.S. states where so-called right-to-work labor laws make it optional for workers to pay union dues...
Continue ReadingAmazon is continuing its push to get at luxury brands via resale...
Continue ReadingFEATURE Tesla stock has been tumbling. ARK Invest’s Cathie Wood has been buying more shares. It’s been a tough year so far for Tesla. Through early trading Wednesday, its shares had fallen 37% in 2024...
Continue ReadingThese four stocks will be the cream of the crop by 2035...
Continue ReadingDid Amazon pull back on its “Just Walk Out” tech ambitions, or is it investing more? The answer, according to Amazon exec Dilip Kumar, is yes and yes...
Continue ReadingThe fight over Elon Musk’s pay is back. Tesla board asked shareholders to again vote in favor of its CEO’s multibillion-dollar pay package. The board approved the pay proposal in 2018, but a Delaware court in January struck it down because it said the approval process was “deeply flawed.”...
Continue ReadingTesla is slashing roughly 14,000 jobs worldwide...
Continue ReadingTesla stock was falling again early Wednesday as the company planned to ask shareholders to vote again on Musk’s 2018 pay package as part of its 2024 preliminary proxy statement. Musk’s massive 2018 options grant, valued at more than $55 billion when awarded, was voided by a Delaware judge in January, who cited inadequate disclosures made to shareholders. To correct things, Tesla’s board is asking shareholders to vote again...
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