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Apple's Foldable Entry to Ignite 21% Market Growth and Reshape Leadership by 2026
The global foldable phone market is set for 21% YoY growth by 2026, with Apple's anticipated debut expected to capture a 25% market share, challenging Samsung's lead.
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Self-driving startup Argo AI to shut down operations, Volkswagen and Ford to take over some employees
According to TechCrunch, self-driving startup Argo AI will shut down operations, and its employees and some parts will be taken over by its main backers Ford Motor Co. and Volkswagen AG.
Argo employees are understood to have been told that some of them would receive offers from Ford and Volkswagen, but it was unclear how many would go to Ford and Volkswagen, or lose their jobs. Ford has yet to comment, while Argo AI and Volkswagen declined to comment.
Argo AI said in July that it had cut about 150 jobs as it adjusted its business plan. After the layoffs, the company still has more than 2,000 employees worldwide.
Argo AI, founded in 2016 and headquartered in Pittsburgh, was developing the technology behind driverless cars when the company started. By then the company had received at least $3.6 billion in investment, mostly from Ford and Volkswagen.
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HeyWhatsNew: Amazon Ends Support for Older Kindles, and DOOM Soundtrack Added to US National Recording Registry
Amazon drops support for older Kindle models as the iconic DOOM soundtrack earns a place in the U.S. National Recording Registry.
