Ford debuts its new "smart vehicle, smart world" at CES in Las Vegas. Alyssa Julya Smith met up with Sherif Marakby, Vice President of Autonomous Vehicles & EV at Ford, to discuss when the company will be hitting the road with its self-driving cars.
Earlier this year Ford teamed up with Domino's to deliver pizza to Michigan customers in driverless cars. Marakby discusses what went into making that experiment a successful one. Everything from which side of the car the touchpad should be on, to whether or not to integrate voice.
Plus, what is the future of smart cities and what are the challenges? Marakby says the biggest challenge in autonomous driving is parking. Most cities don't have enough curb accommodations for a fleet of self-driving cars to succeed. He said that Ford will be testing a fleet of self-driving cars in a new city, to be announced later this year.
Longtime Starbucks CEO Howard Schultz is facing sharp questioning before the Senate Health, Education, Labor and Pensions Committee where he is defending the company’s actions during an ongoing unionizing campaign.
Apple Pay is getting in on the buy now pay later boom with a feature allowing users to split purchases into four separate payments over six weeks at no additional cost or interest.
UBS says it’s bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse.
San Francisco-based technology startup Illumix just closed a $18 million Series A round of funding, and in a rare move for the Shark Tank star, Mark Cuban contributed.
Austin Graff, founder and CIO of Opal Capital in Austin, Texas, offers his take on why stocks opened higher Wednesday, saying investors appear tentatively optimistic about regulatory actions being taken around struggling banks, even as they remain worried about the long-term consequences of federal action on the sector. "
Credit Suisse violated a plea agreement with U.S. authorities by failing to report secret offshore accounts that wealthy Americans used to avoid paying taxes, U.S. lawmakers said Wednesday.
