Some of the world's leading automakers are all turning to the same company to help bring past the self-driving finish line. Aurora CEO and Co-Founder Chris Urmson joins Cheddar at CES to discuss his firm's newly-announced partnership with Volkswagen Group. He describes his company's goal as providing the "drivers," by way of software, for autonomous vehicles.
The partnership is focused on developing "mobility as a service" initiative in major cities. Urmson describes how Aurora will help Volkswagen Group's fleet of self-driving cars, known as Sedric, connect people in urban communities. He explains how the service initiative will help people with mobility issues of their own, as well as making transportation easier for commuters.
Urmson reveals how his company spent the past year working with Volkswagen Group to integrate its system into the automaker's fleet. He breaks down Aurora's high-pedigree founding team, including himself, a veteran of Google's self-driving initiative, and Sterling Anderson, one of the minds behind the launch of Tesla's Model X.
The electric automaker said most factories would hit a run rate of 10,000 of the mass-market vehicles a week by the end of the year, suggesting the company could be on the path to achieving profitability. The company did still report a wider loss than expected for the current quarter, but it said it burned through less cash than in the first quarter.
Ed Sclater and Farhad Farahbakhshian, co-founders of Naked Labs, sat down with Cheddar on Wednesday to discuss the company's latest $14 million in Series A funding and the launch of its newest product, the industry's first at-home body scanner.
The home speaker company makes its debut on the Nasdaq Thursday, but with plenty of competition and what's largely considered to be just one true productーnot to mention the threat of a trade warーSonos faces plenty of challenges in its IPO.
Facebook announced this week it removed 32 pages and accounts suspected of midterm election tampering. But New York Times reporter Kevin Roose tells Cheddar there's still not a lot of information about who's behind the meddling.
Walmart's tech incubator, Store No. 8, is entering the virtual- reality market. Katie Finnegan, CEO and co-founder of virtual reality start-up Spatialand and founding principal of Store No. 8, discussed the future of VR shopping on Cheddar Wednesday.
Apple seems to have avoided the fate that sent many tech stocks plunging last week, with its earnings report sending shares to all-time highs and bringing the company oh-so-close to the $1 trillion mark. Mike Murphy, Quartz Reporter, tells Cheddar how the company will eliminate lingering fears of a slowdown on iPhone sales.
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The tech giant's pricier iPhones and growing services business helped it to beat earnings expectations for the latest quarter, sending shares up on Wednesday. If the stock hits $203.46, it'll become the first $1 trillion market cap company in the U.S.
Sara Hsu, Associate Professor of Economics at SUNY-New Paltz, knows the trade war will affect tech companies in both the United States and China, but it's Chinese firms like Alibaba and Tencent that will be most hit.
The website for spirits enthusiasts wants to be the premier source for all things booze, and since company's founding in 2014, it has advised millennials on what and where to drink, as well as how to mix the latest concoctions. CEO Adam Teeter discusses his plans.
