The Economist (January 27)
“Not so long ago, GM and its peers seemed to be on a path to extinction. Technology firms such as Alphabet, Uber and other pushy newcomers had started a race to develop software that would control driverless cars and to offer ride-hailing and ride-sharing services that are expected to thrive at the expense of car ownership.” However, there’s been a sharp reversal in market sentiment and GM has taken pole position. “A scorecard issued annually by Navigant, a consultancy, puts GM ahead of the AV pack of carmakers and tech firms, with Alphabet’s Waymo in second place.”
Tags: Alphabet, Car, Driverless cars, Extinction, GM, Market sentiment, Navigant, Ownership, Ride-sharing, Technology, Uber, Waymo
The Economist (January 18, 2014)
“With a string of deals the internet giant has positioned itself to become a big inventor, and reinventor, of hardware.” Google is becoming “the next GE,” with recent acquisitions spanning Nest Labs, Motorola Mobility and Boston Dynamics even as Google’s in-house engineers are “busy working on driverless cars and wearable gadgets such as Google Glass.”
Tags: Acquisitions, Boston Dynamics, Driverless cars, Engineers, GE, Google, Google Glass, Hardware, Inventor, Motorola Mobility, Nest Labs, Wearable gadgets
