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Partnership will accelerate the creation of new approaches and capabilities in automobile industry
Mobileye and Delphi Automotive have announced a partnership to jointly develop a complete SAE Level 4/5 automated driving solution. The new technology partnership between these two top auto suppliers is meant to put self-driving cars on the roads by 2019.
“The Mobileye and Delphi relationship started in 2002 with the implementation of what was one of the most advanced active safety systems of the time. Our long history together is key to the success of this ambitious endeavor,” said Professor Amnon Shashua, Mobileye Chairman and Chief Technology Officer. “Our partnership with Delphi will accelerate the time to market and enable customers to
An investment banker who attended the prestigious Yale University was convicted this past week of insider trading charges after a jury determined that he gave tips about mergers and acquisitions to his father, generating over $1 million in illegal profits.
Sean Stewart, 35, testified during the two-week Manhattan federal court trial that he did not know his father was sharing secrets with a broker to make trades in advance of public announcements on five separate deals that he managed while
Facebook founder and CEO Mark Zuckerberg and his wife, Priscilla Chan, sell company shares to fund their charitable efforts
Facebook founder and CEO Mark Zuckerberg and his wife, Priscilla Chan, sold company shares valued at nearly $95 million to fund their charitable efforts.
The funds reportedly were sold by the Chan Zuckerberg Foundation and CZI Holdings LLC, both owned by the couple, according to a filing with the Securities and Exchange Commission last Friday.
The price of the shares
On-demand smartphone repair startup will use new capital to further accelerate growth of its platform and service
Smartphone users in New York, Los Angeles, San Francisco, Houston, Dallas, Chicago and Atlanta are already using the CellSavers technology platform which sends highly-vetted technicians to quickly fix smartphones at the time and place of the customers’ choice. Now, new customers around the US will benefit from this on-demand repair service thanks to a successful $15 million
Preet Bharara, the United States Attorney for the Southern District of New York, announced the arrest and unsealing of a complaint charging Nicholas Mitsakos with securities and wire fraud in connection with a scheme to induce investments in a hedge fund by misrepresenting the fund’s performance and assets under management. From at least May 2014 through August 2016, Mitsakos fraudulently solicited investments in a hedge fund that he had founded, Matrix Capital (“Matrix”), by distributing