Newly-Public Aquantia Is Now Coming For Self-Driving Cars
Faraj Aalaei, CEO of semiconductor company Aquantia, spoke to Cheddar about the company's recent IPO. The company started trading on the New York Stock Exchange Friday morning.
Faraj expressed that the company's interested in autonomous vehicles and discussed the possibilities that new technology can bring for the company's bottom line.
The executive explained that the losses the company reported for 2016, and through the first part of this year, came from increased investments, which he believes will soon see returns.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
As the Federal Reserve prepares to hold its annual economic conference in Jackson Hole on Friday and Saturday, its policymakers are trying to guide the U.S. economy toward something akin to what's happening in Jackson Hole.
Anyone in the U.S. who had an account at any time between May 24, 2007, and December 22, 2022, is eligible to receive a payment. The 2022 settlement resolves a lawsuit alleging that Facebook allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s 2016 presidential campaign.
