Monthly Archives: October 2022

Sony and Honda envision an EV that entertains while it takes the wheel

Sony and Honda have officially launched their joint mobility venture that aims to start delivering premium electric vehicles with automated driving capabilities in the United States in the spring of 2026, followed by Japan in the second half of 2026. The joint venture from hardware, software and entertainment conglomerate Sony and automaker Honda to produce…

The last mile

I don’t love devoting the first several paragraphs of this newsletter to Amazon every week, but no one is making waves — both good and bad — in the robotics space quite like the little mom-and-pop bookseller from Seattle, Washington. This is one of the bad weeks. It’s a story about what happens when your…

Volkswagen to plough €2.4B into vehicle automation in China and form JV with Horizon Robotics

Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. CARIAD, a wholly-owned automotive software company of the German auto behemoth, intends to set up a joint venture with Horizon Robotics, one of China’s most serious auto chip developers, the company said on Thursday. The German automaker plans to deploy around €2.4…

Intel CEO maps out next steps in grand recovery strategy

Intel CEO Pat Gelsinger has mapped out the next steps in his plan to revitalize the company, after a protracted period of underperformance. In a letter to staff, Gelsinger sketched out the next phase in Intel’s new integrated device manufacturing strategy (IDM 2.0),  the goal of which is to “regain unquestioned technology leadership, manufacturing scale…

Chick-fil-A remains teens’ favorite restaurant chain in US

A Chick-fil-A New York location Noam Galai / Contributor Chick-fil-A is teenagers’ favorite US restaurant chain, a study finds.  Piper Sandler’s semi-annual Gen Z survey also reveals Starbucks and Chipotle as teen favorites. The chicken-sandwich spot ranked third-highest in sales among US restaurant chains last year. Chick-fil-A remains the most popular restaurant chain for American…

The real reason ‘quiet quitting’ and the Great Resignation became so popular

In one experiment, about half the students never said a peep in response to offensive comments at work. The other half only reacted to about half the microagressions they heard. FG Trade/Getty Images James Detert is a professor of business administration at the University of Virginia. Detert says the Great Resignation and “quiet quitting” both…

Social Commerce 2021: Social media and ecommerce convergence trends brings growth opportunity for brands

Brands are leveraging social media checkout and shopping integrations as tech-savvy consumers engage with social commerce more often. Insider Intelligence’s Social Commerce 2021 report dives into top social commerce trends and strategies. You can purchase this report here. Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech…

Apple is even more of a bank now — if you have an Apple Card

Cook at Code in 2022. Jerod Harris/Getty Images for Vox Media Apple continues to push further into the world of banking and finance.  The company announced Apple Card users could automatically deposit cash-back rewards into a high-yield savings account.  Like Apple’s credit card, the savings account is operated through a Goldman Sachs partnership.   Apple continues…

Home prices will fall in half of the US next year, and places like California will be hit hardest, a top economist warns

US home prices have soared over the last decade, but could soon be on their way down. MediaNews Group/Long Beach Press-Telegram via Getty Images Home prices will fall in half the US in 2023, said the National Association of Realtors’ chief economist. Lawrence Yun, who spoke at a real-estate conference, predicted 0% home-price growth next…