The push to rein in cloud spending sprees: Pressure to digitally transform has spurred out-of-control cloud spending. The near-term burden will likely fall on cloud customers to cut costs.
Goldilocks zone for EV battery temperature: GM’s heat pump can extend EV battery range and cut charging times. Advancements in the technology could benefit far more than cars.
Farms ripe for cyberattacks: Agriculture is turning to tech to help ease the labor shortage and potentially boost production. But recent ransomware attacks underscore the threat to food security.
Big Tech squares off against unions: Momentum is on the side of workers seeking higher wages and transparency. How companies address brewing labor movements could be a red flag for regulators.
AI’s invisible hand: Skopai is the latest example of companies using AI to predict economic outcomes. However, more than a tool, AI could become an economic factor.
Meta released its Q1 2022 earnings, revealing the company's slowest revenue growth since going public, for a total of $27.91 billion. Daily active users bounced back by 30 million users to 1.96 billion, following the platform’s first-ever drop in Q4 2021.
More deliveries, faster: To satiate consumer appetite for faster delivery while also appeasing workers, Amazon puts $1 billion toward startups. But so far its tech investments haven’t been altogether fruitful.
Spend on the cloud, save in the cloud: Cybersecurity needs to be a priority for Wells Fargo as it moves to the cloud to help achieve its goals and save money.
Elon Musk and Twitter agree to $43.4B buyout: Musk hopes to take Twitter private with less content moderation and more free speech but will need to consider ramping up advertising to cover debt financing costs.
Meta is making a modest step into physical retail: Facebook’s parent company is opening a store on its Burlingame, California, campus to let consumers try its metaverse hardware products.
‘Green’ energy targets Greenland: Billionaire-backed KoBold Metals begins mining operations in Greenland to secure minerals for EV batteries. But the advent of new battery technologies might make the venture unnecessary.
Tesla tunnel traffic jams: Elon Musk’s The Boring Company may fall short of canceling traffic, but it’s definitely keeping investors excited with its new autonomous tunnel-digging machine.
Didi moves to delist from NYSE as it awaits verdict on penalties: Once considered China’s most successful startup, the ride-hailing company’s fate could lead to investors shifting away from Chinese tech stocks.
TSMC’s founder says US chip efforts are doomed: Former CEO Morris Chang cites lower overseas labor costs and high manufacturing costs but fails to mention savings on importation and transportation.
Add robotaxis to the list of upcoming Tesla products: Struggles with fully autonomous driving, delivering on schedule, and safety are huge roadblocks to Tesla’s robotaxi flex.
Quantum computing hits the road: Quantum computing company IonQ partners with Hyundai to make AVs safer. Often met with skepticism as a theoretical futuristic technology, quantum computing shows its practical applicability.
Smart homes go brain-dead: IoT company Insteon abandons its smart home connectivity post, letting homes’ vital digital functions flatline. It’s the latest sign of a need for more IoT safeguards.
Shanna Prevé, vice president of enterprise sales and business development at DoorDash, creates partnerships with large customers, from restaurant to convenience to retailers. Prevé spoke with Insider Intelligence about the company’s mission to lead the instant-delivery space, shifting consumer behavior, and smart technologies.
Amazon and others are rapidly rolling out contactless checkout: While the pandemic sparked interest in contactless technology, the tight labor market could lead more retailers to adopt the tools.
‘This is what we’ve always needed’: We talk with Delta CleanTech’s Lionel Kambeitz about what Big Tech’s plan to invest $925 million in carbon removal technologies means for his industry.