Car companies are interesting creatures in a corporate world increasingly dominated by Internet-centric behemoths from Silicon Valley, Seattle, and China. While the denizens of the Internet have demonstrated their ability to create billions of dollars in shareholder value from the whims and whimsy of browsing consumers,
Sweden has embraced the movement toward a cashless society with banks no longer taking cash deposits and retailers, like Ikea, experimenting with cashlessness. Perhaps taking a cue from the Swedish financial sector, Volvo Cars last week revealed its plans for a car-less stand at this week’s L.A. Auto Show – and the co-located … Read More
Japan has had an incredible run in technology, but the past decade has seen a reversal of fortune. Consumer electronics powerhouses such as Pioneer, Panasonic, Sharp and many others have been humbled by the commoditization of their hardware and a shift in market share to Asian competitors.
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The National Transportation Safety Board’s entry into the investigation of the first fatal crash of a Tesla Model S is a monumental turning point in the autonomous driving movement. While long-time observers of the NTSB note that it only gets involved in investigations where broader implications exist, the agency’s interest… Read More
Goldman Sachs defines the Internet of Things (IoT) as the third wave of internet revolution: By connecting billions of devices to the internet, the IoT can open up a host of new business opportunities and challenges. According to McKinsey, the IoT has the potential to create up to $6 trillion economic value annually by 2025. According… Read More