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New SUV-like EV has Waitlist

A new electric vehicle called the Canoo, which will launch next year and opened a waitlist for customers on January 21, looks very little like a traditional car. That’s because it doesn’t have to, says Ulrich Kranz, a former BMW engineer who heads the L.A.-based...

Blockchain Opportunities for Banks

In some areas of their business, banks and financial institutions are already well on their way to completing their transformation journeys. Processes amenable to digitization have indeed been digitized, and the increasing adoption of technologies such as robotic...

American Center for Mobility Opens Technology Park

The American Center for Mobility announced Tuesday its technology park is ready for development. Video provided courtesy of MITechNew.com The proving ground for advanced safety and automated vehicle technologies at Willow Run in Ypsilanti Township recently completed...

Cybersecurity Threat that could Cost Lives

The threat of hackers taking their efforts into the real world, crippling infrastructure such as nuclear facilities and chemical plants rather than stealing credit card numbers, is one of the biggest concerns facing the global economy in 2020, according to the World...

Company Making Robot Waiters Raises $32M

Back in August, we flagged a filing for you that we’d found interesting, one for a now 2.5-year-old, 40-person Redwood City, Calif.,-based startup called Bear Robotics that’s been developing robots to deliver food to restaurant customers. The filing listed a $35.8...