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☆ 5G-enabled farms could ward off food insecurity and unlock $100 billion in global profits by 2030
▼ + stars: | 2022-11-10 | by ( Clara Mcmichael | ) www.businessinsider.com time to read: +6 min

There lies Swans Trail Farms, a family-owned operation that focuses on agritourism and events with apple orchards, a corn maze, a pumpkin patch, and strawberry fields. Swans Trail FarmsSnohomish County and the 5G Open Innovation Lab launched sites to pilot 5G-enabled agricultural tech on two farms— Swans Trail and Andrew's Hay. CARES Act funding for the initiative dried up last year, but the 5G Open Innovation Lab continues to fund the project. The 5G Open Innovation Lab and Innov8.ag are working to expand to eastern Washington, an area of the state that's more agricultural. We've had our hiccups," Jim Brisimitzis, the head of the 5G Open Innovation Lab, said.

☆ We're taking market share and doing so profitably, says RXO CEO
▼ + stars: | 2022-11-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're taking market share and doing so profitably, says RXO CEODrew Wilkerson, RXO CEO, joins 'TechCheck' to discuss what investors get when they buy a share of RXO, where the company sees growth going forward and what technology does for the truck brokerage industry.

☆ How United Airlines expects electric planes to change the way passengers make travel decisions
▼ + stars: | 2022-10-28 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

As electric cars and SUVs move toward 5% of the new-car market in the U.S. and 9% globally, few airlines have made any major push toward electric planes. Sustainability plans being pursued by American Airlines , Delta Air Lines and Southwest Airlines barely mention electric planes. "Go back to the 1990s, there were hundreds of small aircraft serving a lot of communities that have now lost service." "There are literally dozens of companies that wouldn't have worked that are now viable startups that you'll hear about United Airlines and United Ventures investing in in the coming months." Most likely, electric planes will serve small markets, hydrogen-powered planes will serve medium-sized passenger loads, and SAF-powered jet engines will serve major cities.

☆ Ford CEO puts the brakes on the company's plan for fully autonomous cars, saying there's a long way to go before it can develop them at scale
▼ + stars: | 2022-10-27 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Ford is shifting its priorities away from developing fully autonomous cars. CEO Jim Farley said development of the vehicles at scale was "a long way off." The shift means that Ford is closing down Argo AI, a robo-taxi startup it jointly backed with VW. "Profitable, fully autonomous vehicles at scale are a long way off," CEO Jim Farley said, in a statement published alongside the automaker's third-quarter earnings, Wednesday. A vehicle with Level 4 ADAS capability is considered to be fully autonomous and can navigate most road situations without the need for human assistance.

DETROIT, Oct 26 (Reuters) - Ford Motor Co (F.N) on Wednesday reported a third-quarter net loss driven by its decision to shift spending from the Argo AI self-driving business. Ford posted a net loss in the quarter of $827 million, after taking a $2.7 billion noncash pretax impairment on its investment in Argo AI. The automaker said Argo will be "wound down" and that "talented engineers" will be offered positions with Ford. Chief Executive Jim Farley on Wednesday said Ford will shift its development focus away from fully self-driving systems developed by Argo to advanced driver assistance systems (ADAS) created internally at Ford. GM on Tuesday reported a net profit of $3.3 billion on record third-quarter revenue of $41.9 billion.

☆ Google agrees to compliance reforms to prevent search warrant data loss
▼ + stars: | 2022-10-26 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/Andrew KellyWASHINGTON, Oct 25 (Reuters) - The U.S. Justice Department said on Tuesday it had reached an agreement with Alphabet Inc's (GOOGL.O) Google resolving a dispute with the search engine giant over the loss of data responsive to a 2016 search warrant. The government said it was a "first-of-its-kind resolution" that would result in Google reforming "its legal process compliance program to ensure timely and complete responses to legal process such as subpoenas and search warrants." The company told a U.S. court it had spent over $90 million "on additional resources, systems, and staffing to implement legal process compliance program improvements." The Justice Department said an independent compliance professional will be hired to serve as an outside third party related to Google’s compliance upgrades. Google will assemble reports and updates regarding the compliance program that will go to the government, the Google Compliance Steering Committee and Alphabet board committees.

DETROIT, Oct 26 (Reuters) - Ford Motor Co (F.N) on Wednesday reported a third-quarter net loss driven by its decision to shift spending from the Argo AI self-driving business. Ford posted a net loss of $827 million, after taking a $2.7 billion noncash pretax impairment on its investment in Argo AI. The automaker said Argo will be "wound down" and that "talented engineers" will be offered positions with Ford. The other key investor in Pittsburgh-based Argo, Volkswagen AG (VOWG_p.DE), said it, too, expects to hire some personnel from Argo. Adjusted free cash flow in the quarter was $3.6 billion, with the outlook for the full year raised to $9.5 billion to $10 billion.

☆ Ford, VW pull plug on robotaxis in blow to self-driving car industry
▼ + stars: | 2022-10-26 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +3 min

Ford said Wednesday that it had concluded that the large-scale profitable commercialization of self-driving cars was further out then expected. Some Argo AI employees will join Ford for that work, Farley said. The company was developing robotaxis, self-driving vehicles that can operate in a ridehail service that does not require human drivers. The team effort allowed Ford and VW to share the hefty costs of developing self-driving cars. Companies have found that developing self-driving cars is incredibly expensive.

Instead of having Argo develop self-driving car technology for cars without steering wheels, brakes or accelerator pedals — what is known in the industry as Level 4 or L4 technology — Ford will instead pursue in-house development of a lower level of automated driving technology. Ford reported automotive revenue of $37.2 billion, a jump of $4 billion from a year ago and $1 billion more than the analysts’ forecasts. It also was hit with $1 billion in higher-than-expected supplier payments, and a $1.5 billion increase in commodity costs. But in the end, the big news of the earnings report was a major change in direction on self-driving vehicles. He said there is only so much talent available to develop the different driver assistance and self-driving features.

☆ Google Agrees to Compliance Reforms in DOJ Settlement
▼ + stars: | 2022-10-25 | by ( Richard Vanderford | ) www.wsj.com time to read: +2 min

Alphabet Inc.’s Google has agreed to improve its compliance program in a settlement with the U.S. Justice Department, which said the search giant lost data federal investigators sought in connection with a probe into a cryptocurrency exchange. The DOJ said Tuesday that a third-party independent compliance professional will monitor whether Google holds up its end of the deal. Under the agreement, Google will be required to reform and upgrade the compliance program that handles responses to legal demands such as subpoenas and search warrants. Prosecutors obtained a warrant in 2016 for the data Google held, but Google and the DOJ litigated over the warrant through 2017 and 2018, the DOJ said. Google also created tools so the data wouldn’t be backed up stateside as the dispute unfolded, the DOJ said.

☆ U.S. strikes deal with Google over search warrant data loss
▼ + stars: | 2022-10-25 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/Andrew KellyWASHINGTON, Oct 25 (Reuters) - The U.S. Justice Department said on Tuesday it reached an agreement with Alphabet Inc's (GOOGL.O) Google resolving a dispute with the search engine giant over the loss of data responsive to a 2016 search warrant. The government said it was a "first-of-its-kind resolution" that would result in Google reforming "its legal process compliance program to ensure timely and complete responses to legal process such as subpoenas and search warrants." Google, which did not immediately comment, told a U.S. court it had spent over $90 million "on additional resources, systems, and staffing to implement legal process compliance program improvements." In 2016, the United States obtained a search warrant in California for data held at Google related to the investigation of the criminal cryptocurrency exchange BTC-e, the department said. Google will assemble reports and updates regarding the compliance program that will go to the government, the Google Compliance Steering Committee and Alphabet board committees.

☆ First on CNN: Most people feel socially connected as Covid-19 precautions ease, but many still need support, survey finds
▼ + stars: | 2022-10-25 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +8 min

They found that most people around the world feel a sense of social connection as Covid-19 precautions ease, but many still need support or help from others – and the factors that drive feelings of connection vary by country. In-person connection still mattersEven amid a pandemic, in-person interaction was the most common method for social connection. The nonprofit consulting group is focused on building healthy and equitable communities but was not involved in the new survey. It might be easier to feel that sense of connection with an in-person connection, she said, but positive interactions and inclusivity are critical. Get CNN Health's weekly newsletter Sign up here to get The Results Are In with Dr. Sanjay Gupta every Tuesday from the CNN Health team.

☆ America's cars and trucks are getting bigger, and so are their front blind zones. Children are paying the price.
▼ + stars: | 2022-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Headshot_Small.Png | Adiel Kaplan | ) www.nbcnews.com time to read: +13 min

Front cameras could help prevent these deaths, safety experts say. On Monday, he announced legislation that would make front blind zone safety features mandatory for motor vehicles. After Congress passed a law to improve rear blind zone safety nearly 15 years ago, it took a decade — rulemaking, regulatory delays and a multiyear rollout — before it fully went into effect. Blumenthal’s bill directs regulators to determine what technology, such as cameras or sensors, to require to make front blind zones safer, much like the rear blind zone law did. But she believes the best way to prevent future tragedies is widespread use of blind zone cameras.

☆ Meet the tech influencers who LinkedIn is paying to be part of its second creator accelerator program
▼ + stars: | 2022-10-24 | by ( Jp Mangalindan | ) www.businessinsider.com time to read: +4 min

LinkedIn recently launched its second paid creator accelerator program for tech influencers. The second accelerator program plans to offer more networking opportunities and content analytics. LinkedIn has chosen 120 influencers to be part of its second US creator accelerator program, which offers financial grants, as well as access to workshops, coaches, and resources. "We really wanted to home in on creators within that space," said LinkedIn senior creator manager Jessica Oliveira, who added that technology is the number one industry for content creators on the platform. Based on feedback from participants in LinkedIn's first US creator accelerator program, the program plans on offering more content analytics features to show how creators' content performs over time, as well as more networking opportunities for creators.

☆ Earnings playbook: How to trade the busiest week of the season thus far, including Apple and Amazon
▼ + stars: | 2022-10-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +17 min

It's the busiest week of the earnings season thus far, with nearly 150 S & P 500 components set to report. What history shows: Coca-Cola has outperformed analyst earnings expectations in the last 11 quarters, FactSet data shows. Alphabet is set to report earnings after the close, with management expected to hold a conference call at 5 p.m. What history shows: FactSet data shows Microsoft's earnings per share have come in above expectations in 24 of the last 25 quarters. What history shows: McDonald's earnings per share have outperformed expectations in six of the last 10 quarters, FactSet data shows.

☆ How Jason Goldberg went against investors' advice amid the crypto winter and raised $3 million for his Web3 development startup Airstack
▼ + stars: | 2022-10-21 | by ( April Joyner | ) www.businessinsider.com time to read: +3 min

Cofounder and CEO Jason Goldberg launched Airstack during the depths of the crypto crash. He ignored advice to take the summer off and instead built a prototype, which caught VCs' attention. Jason Goldberg cofounded his Web3 development startup, Airstack, in May, just as crypto markets began to unravel. Airstack's technology essentially creates application programming interfaces, or APIs, for Web3 applications. It improves upon existing infrastructure such as The Graph by allowing developers to access real-time data from several Web3 applications at a time, Goldberg said.

☆ These stocks reporting next week typically beat the Street and trade higher
▼ + stars: | 2022-10-21 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Of the roughly 20% of companies that have reported quarterly results so far, 72% have beat expectations, according to FactSet data. Technology giant Apple , which is slated to report earnings Oct. 27, is also on the list. JPMorgan recently reiterated its overweight rating on shares of Apple ahead of its earnings report next week. Mastercard is another large company that's included in the list, with a 94% earnings beat rate and average earnings day move of 2%. Teledyne has an earnings beat rate of 100%, according to the Bespoke data.

☆ Tesla flags its cars not ready to be approved as fully self-driving this year
▼ + stars: | 2022-10-20 | by ( Hyunjoo Jin | Akash Sriram | ) www.reuters.com time to read: +3 min

REUTERS/Shannon Stapleton/File PhotoThe Silicon Valley automaker sells a $15,000 software add-on called “Full Self-Driving” (FSD) which enables its vehicles to change lanes and park autonomously. That complements its standard “Autopilot” feature which enables cars to steer, accelerate and brake within their lanes without driver intervention. A completely autonomous vehicle would require regulatory approval. “It’s a separate matter as to will it have regulatory approval. It won’t have regulatory approval at that time,” he added.

☆ Tesla cars will not be approved as fully self driving this year, Musk says
▼ + stars: | 2022-10-20 | by ( Hyunjoo Jin | Akash Sriram | ) www.reuters.com time to read: +3 min

REUTERS/Shannon Stapleton/File PhotoThe Silicon Valley automaker sells a $15,000 software add-on called “Full Self-Driving” (FSD) which enables its vehicles to change lanes and park autonomously. A highly autonomous vehicle would require regulatory approval in California, for example. “It’s a separate matter as to will it have regulatory approval. It won’t have regulatory approval at that time,” he added. The California Department of Motor Vehicles (DMV) on Thursday said it “has an ongoing review of the intended design and technological capabilities of Tesla vehicles,” without elaborating further.

☆ Against investors' advice, Jason Goldberg launched a Web3 development startup in the middle of the crypto winter. Here's how he raised $3 million anyway.
▼ + stars: | 2022-10-20 | by ( April Joyner | ) www.businessinsider.com time to read: +3 min

Cofounder and CEO Jason Goldberg launched Airstack during the depths of the crypto crash. Jason Goldberg cofounded his Web3 development startup, Airstack, in May, just as crypto markets began to unravel. Airtable has raised $3 million in pre-seed funding from investors including Animal Ventures, Warburg Serres, Polygon, Genblock, Fenbushi, Resolute Ventures, WW Ventures, Tensai Capital, WestWave Ventures, Lecca Ventures, and Martin Crowley's Peoples Syndicate. Airstack's technology essentially creates application programming interfaces, or APIs, for Web3 applications. It improves upon existing infrastructure such as The Graph by allowing developers to access real-time data from several Web3 applications at a time, Goldberg said.

☆ Jeffrey Katzenberg's WndrCo is betting big on cybersecurity tech and consumer VPNs as 'concerns around privacy have exploded'
▼ + stars: | 2022-10-18 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +4 min

Jeffrey Katzenberg and his WndrCo partner Sujay Jaswa are betting big on VPNs and other cybersecurity tech. WndrCo has $1.7 billion in net asset value and is looking for companies that can change the world. The company has acquired or invested in VPNs including Super Unlimited, a top app on Apple's App Store. Like everyone else in the global workforce, Jeffrey Katzenberg and Sujay Jaswa, his investing partner at venture firm WndrCo, use Zoom to connect. WndrCo made several other VPN acquisitions, ultimately merging them into a single cybersecurity venture called Aura, in which WndrCo is a significant stakeholder.

☆ Hearing aids: Americans can now buy them over the counter
▼ + stars: | 2022-10-17 | by ( Jen Christensen | ) edition.cnn.com time to read: +8 min

He saw an audiologist who said he needed hearing aids, but they would have cost him more than $6,000. On Monday, for the first time, adults with mild to moderate hearing loss in the US will be able to buy over-the-counter hearing aids. Now, instead of getting a prescription and having a custom fitting with a hearing health professional, adults can buy hearing aids directly from a store or online. Why hearing aids matterHearing aids aren’t just nice to have; they are essential for physical and mental health. Hearing aids are different than glasses; it can take your brain up to four weeks to adjust to hearing in a new way.

☆ A merger with Albertsons could bring Kroger's tech initiatives, like automated warehouses and smart carts, to over 5,000 locations
▼ + stars: | 2022-10-17 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +13 min

Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.

☆ A former Shopify exec is taking a page out of the e-commerce company's playbook to build planning software for parents
▼ + stars: | 2022-10-05 | by ( Madeline Stone | Melia Russell | ) www.businessinsider.com time to read: +6 min

With Maple, parents can create and assign tasks like paying the bills, planning a family trip or birthday party, and doing chores. "The next Martha Stewart is going to be made on Maple," Perry said. For example, a Disney aficionado created a guide for visiting Disneyland that parents planning a trip could find within the Maple app's browser. "Planning the trips, planning for summer camp, planning for Disneyland, planning the week's meals, the college financial planning — whatever they're planning, there is a family in need of that same exact information." The Shopify App Store, which has more than 7,000 apps geared toward online sellers, also provided some inspiration for Perry.

☆ Home cheat home: How real-estate agents are ripping off homebuyers
▼ + stars: | 2022-09-28 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +20 min

The other day, Linda, the real-estate agent whom my wife and I used to buy our home, called me out of the blue. Real-estate agents, like doctors, are the friendly, knowledgeable face of a bewildering, price-gouging system. If Americans paid the same rate as the British, they would save more than $72 billion a year in real-estate commissions. The potential for big money, in turn, has led more and more Americans to become real-estate agents. Every dollar that is paid out in a real-estate transaction — to sellers, agents, inspectors, insurers, and the IRS — comes from you, the buyer.

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