Cars have the ability to connect with apps such as Spotify or Apple Music, but what’s next for in-auto entertainment?
Volvo says it’s all about the apps.
“The best apps...making those super easy to use,” Atif Rafiq, the company’s Chief Digital Officer, told Cheddar. “That’s what we’re focused on.”
But it doesn’t stop there.
Volvo plans to make all of its fleets “at least” hybrid by 2019, an effort to build on its electric and self-driving car initiatives. The company recently announced that it will provide Uber with 24,000 XC90s, for its self-driving fleets.
Rafiq says that the Uber partnership is reflective of where the car industry is moving: autonomous driving as a service.
“We’re focused on both the consumer and these B2B markets when it comes to autonomous driving,” he said.
For full interview [click here](https://cheddar.com/videos/how-volvo-is-driving-innovation-in-2018).
Tesla shares slumped more than 4% in premarket trading on Monday after its CEO Elon Musk said he would sell 10% of his holdings in the electric car maker based on the results of a poll he conducted on Twitter over the weekend.
Stocks notched some modest gains on Wall Street Monday, enough to mark more record highs for major U.S. indexes.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
WarnerMedia posted solid quarterly results with revenue surpassing $8 billion as its entertainment business continues to boom. The media and entertainment giant saw wild success with its HBO Max division, which reached nearly 70 million subscribers globally. To discuss the company's strategy for success, Cheddar senior reporter Michelle Castillo spoke to WarnerMedia CFO Jennifer Biry.
America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown.
U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country.
Inspired by the framework of the Paris Climate agreement, the Crypto Climate Accord (CCA) is just one industry effort to spread the message that crypto should rise to the challenge.
The number of Americans applying for unemployment benefits fell to a fresh pandemic low last week, another sign the job market is healing after last year’s coronavirus recession.
Stocks wound up a mixed bag on Wall Street Thursday, but big gains in several technology giants helped push the S&P 500 and the Nasdaq indexes to more record highs.
The Federal Reserve made official on Wednesday its plan to wind down the aggressive monthly bond-buying program that has defined the central bank's pandemic response.
