Instacart seeks up to $7.7 billion valuation in IPO
FALMOUTH, MA – APRIL 8: Instacart shopper Loralyn Geggatt makes a delivery to a customer’s home during the COVID-19 pandemic in Falmouth, MA on April 7, 2020. Some Amazon, Instacart …
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Alibaba shares tumble after Daniel Zhang unexpectedly quits cloud business
Alibaba CEO Daniel Zhang Yong speaks during the launching ceremony of Alibaba Rural Vitalization Fund on May 17, 2021 in Lanzhou, Gansu Province of China. Vcg | Visual China Group …
Cruise disputes claim that its autonomous vehicle delayed first responders
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters The company Cruise is pushing back …
Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO: reports
InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images The grocery delivery company Instacart is aiming to go public at a valuation between $8.6 billion …
How China became king of new nuclear power, how U.S. could catch up
Cranes stand at the construction site of the second phase of Changjiang Nuclear Power Plant, invested by state-owned China National Nuclear Corporation (CNNC) and China Huaneng Group, on June 28, …
Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance
Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese electric car companies Nio, Xpeng and Li …
The CEO of engineering group ABB is ‘pretty pessimistic’ on China
The CEO of Swedish-Swiss multinational industrial and engineering group ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for …
How Sony’s Hawk-Eye works at the U.S. Open
Since 2022, the U.S. Open has had no line judges. Instead, the tournament uses Hawk-Eye Live, an electronic line-calling system, to determine whether a tennis shot is in or out. …
Elon Musk biographer moves to ‘clarify’ details on Ukraine, Starlink
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte …
Meta’s VR technology is helping to train surgeons and treat patients
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. …