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Technology

Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO: reports

by Claribel Alegria

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 …

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BMW, Mercedes launch biggest electric vehicle push yet to catch Tesla

by Francesco Algarotti

BMW took the wraps of the Vision Neue Klasse electric vehicle at the IAA motor show in Munich, Germany. It underpins BMW’s big push into electric vehicles. BMW MUNICH, Germany …

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AI expert is a hot new position in the freelance jobs market

by Claribel Alegria

Jakub Porzycki/NurPhoto via Getty Images Vlad Hu began his career as a software engineer and eventually founded his own software agency, but over the past year, the big work opportunity …

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How China became king of new nuclear power, how U.S. could catch up

by Lotfi Akalay

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, …

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An excerpt from Walter Isaacson Musk bio

by Claribel Alegria

The following is adapted from Walter Isaacson’s biography “Elon Musk,” publishing Sept. 12. “Hey, I’d love to come see you and talk about philanthropy and climate,” Bill Gates said to …

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Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance

by Francesco Algarotti

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 …

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Mercedes to launch smaller version of G Class luxury SUV

by Francesco Algarotti

Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle, the German carmaker’s CEO told CNBC in an interview Sunday. The G Class, a rugged …

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Teen’s death leads to outpouring of concern over spicy chip challenge as sales are halted

by James Agee

WORCESTER, Mass. — The death of a Massachusetts teenager after his family said he ate an extremely spicy tortilla chip has led to an outpouring of concern about the social …

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The CEO of engineering group ABB is ‘pretty pessimistic’ on China

by Lotfi Akalay

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 …

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Big pharma blockbuster obesity drug battle is headed for $100 billion

by James Agee

Ozempic drug to treat diabetes. Courtesy: Ozempic In their most recent earnings reports, Novo Nordisk and Eli Lilly proved why they are the undisputed heavyweights in the prizefight for control …

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