Hints and tips:
...Car manufacturing is now a high-tech industry with more than a little in common with Silicon Valley....
...Golden power The forced sale of Italy’s largest refinery has been a convoluted situation....
...An independent panel revealed that Daihatsu Motor, a subsidiary of Toyota Motor, had been cheating on safety and quality tests for over 30 years, delivering a blow to the auto group’s reputation — the most...
...U-Power last month signed a deal to supply New York-based EV start-up Olympian Motors with its skateboards....
...Smaller companies play a big role in Japan’s electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla....
...Blackstone’s president Jonathan Gray earlier this year said it was a “golden moment” for the fast-growing $1.5tn industry....
...What started with a few vehicles circling Golden Gate Park with safety drivers has expanded this year into hundreds of completely empty vehicles across multiple neighbourhoods....
...CD&R’s other assets include Motor Fuel Group, the UK’s largest independent petrol station operator, and car windscreen repair group Belron....
...As fingers are pointed, and VCs get angry at themselves but mostly each other for destroying the goose that laid the golden egg, Silicon Valley’s partner of first and last resort — a much loved, appreciated...
...But the streamers were still more Silicon Valley than Beverly Hills....
...High on the opposite side of the valley, we spotted a huge polar bear....
...Is this the end of Tesla’s golden age of growth — not to mention Musk’s charmed life as a revered innovator and champion of a sustainable energy future?...
...General Electric and General Motors also report on a busy day for earnings....
...It also has “a golden share” in ByteDance, which includes veto powers and nominating directors to the board....
...A version of this article was first published by Nikkei Asia on April 6 2023. ©2023 Nikkei Inc. All rights reserved....
...But Munger warned that the golden age for investing was over and investors would need to contend with a period of lower returns....
...He covers Silicon Valley for the FT. Richard, welcome to the show. Richard WatersWell, it’s great to talk to you, Michela....
...Dealmaker Bruce Rauner, who would later become the governor of Illinois, and Bryan Cressey became part of its leadership, forming Golder, Thoma, Cressey, Rauner Inc before Thoma and Cressey split away in...
...A version of this article was first published by Nikkei Asia on October 28 2022. ©2022 Nikkei Inc. All rights reserved....
...The test scheme was launched by Cruise, an autonomous vehicle business that is majority owned by General Motors. Like Uber, it has an app that you can use to call a car to meet you....
...Silicon Valley outfit Cooley, Stroock & Stroock & Lavan, Goodwin Procter, Davis Wright Tremaine and Shearman & Sterling have all made job cuts....
...That experience is in doubt now: if the golden age of the consumer is not yet dead, it looks quite poorly....
...Since launching Sequoia China in 2005 as an arm of Silicon Valley investment giant Sequoia Capital, Shen has made a personal fortune worth $4bn following early investments in TikTok parent ByteDance and...
...Cruise, General Motors’ driverless car unit, is opening its robotaxi service to the public in San Francisco, a development that prompted another $1.35bn investment from the SoftBank Vision Fund....
...No bloodletting in Valley from Holmes and TheranosInstead of seeing the Elizabeth Holmes case as a spur to toughen up due diligence, Silicon Valley is choosing to dismiss it as an outlier, writes Elaine...
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