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Information Technology

VW boosts tech spending within $177 billion investment budget

Christoph Rauwald Bloomberg
Nov 14, 2020 5:00 am - Volkswagen will reserve a bigger slice of its 150-billion euro ($177 billion) budget for electric cars and software in the next five years, stepping up technology spendi...
Pulse Technology recognized by industry magazine

Nov 12, 2020 10:00 pm - SCHAUMBURG - For the 14th year in a row, Pulse Technology has been selected for the Elite Dealer Award by ENX Magazine/The Week in Imaging, a national magazine that reco...
PCTEL to buy back up to $5 million of its shares

Nov 09, 2020 10:00 pm - BLOOMINGDALE - PCTEL Inc. said its board of directors has authorized a share repurchase program of up to $5 million of its common stock through the end of 2021. Share re...
Will AI save us from coronavirus?

Ariana Eunjung Cha The Washington Post
Nov 07, 2020 5:25 am - Early this spring as the pandemic began accelerating, AJ Venkatakrishnan took genetic data from 10,967 samples of the novel coronavirus and fed it into a machine. The St...
Waymo seeks to calm doubts about driverless cars with data trove

Ira Boudway and Gabrielle Coppola Bloomberg
Nov 07, 2020 5:20 am - Autonomous vehicle developers have so far operated without shared industry standards for safety and with minimal oversight from state and federal governments. Waymo, say...
Inside the chaotic unraveling of Jack Ma's $35 billion IPO

Bloomberg WP Bloomberg
Nov 07, 2020 5:20 am - The midlevel bureaucrats left China's richest man waiting as they prepared for a meeting that would send shock waves across the financial world. It was Monday morning in...
Analysis: Uber's ballot victory doesn't fix gig economy's big problem

Tae Kim Bloomberg
Nov 07, 2020 5:20 am - Uber Technologies and Lyft won a big victory on a state ballot measure that could have threatened their businesses by changing their relationship with workers. But this ...
Uber won its prized contractor status for drivers. Now what?

Joel Rosenblatt, Robert Wilkens-Iafolla and Erin Mulvaney Bloomberg
Nov 07, 2020 5:18 am - In one fell swoop, Uber and Lyft on Tuesday fended off labor protections that were decades in the making, allowing the companies to keep compensating their drivers as in...
PCTEL revenue down due to pandemic

Nov 05, 2020 10:00 pm - BLOOMINGDALE - PCTEL Inc. reported revenue of $18.9 million in the quarter ended Sept. 30, 20% lower compared to the third quarter 2019. Revenue was lower by 6% for the ...
Westell promotes Jeniffer Jaynes to CFO

Nov 04, 2020 10:00 pm - AURORA - Westell Technologies Inc. said it has promoted Jeniffer Jaynes to chief financial officer. Jaynes was previously appointed to interim chief financial officer in...

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