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  • Dec 16- Mobileye NV's stock is "short of the year: 2016," influential short-selling firm Citron Research said in a tweet on Wednesday, pushing down shares of the driving assistant software maker nearly 7 percent. Citron also tweeted a link to a Bloomberg report in which George Hotz, the first person to hack iPhone and PlayStation 3, calls Mobileye's technology "...

  • Dec 16- Chinese electric car company NextEV has hired Cisco Systems Inc's former tech head, Padmasree Warrior, as its chief development officer and the chief executive of its U.S. unit. Warrior, a tech industry veteran who featured in Forbes magazine's "World's 100 Most Powerful Women" list thrice, was Cisco's chief technology and strategy officer until...

  • Dec 15- Ford Motor Co said on Tuesday it secured a permit from California to begin testing its self-driving car on public roads from next year. Other carmakers already approved by California include Honda Motor Co Ltd, Daimler AG's, Mercedes Benz, Tesla Motors Inc, Nissan Motor Co Ltd and BMW AG. California is one of a handful of states, along with Michigan, Florida and...

  • The deal forged at the Paris climate summit is widely seen as the most important climate agreement since the 1997 Kyoto Protocol. "This deal will help boost the mid- to long-term fundamentals in renewable energy generation, especially solar, while making any further investments in fossil-fuels increasingly vulnerable," said portfolio manager Thiemo Lang of...

  • Elon Musk

    SpaceX founder Elon Musk is worried that a trip to the red planet could be thwarted by a third World War.

  • Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Goldman: Paris deal most important since 1997 Kyoto accord. LONDON/ COPENHAGEN, Dec 14- European renewable energy stocks rallied on Monday following an agreement over the weekend at the Paris global climate summit to find ways to stop global warming. Goldman Sachs' analysts described the deal in Paris as the most important climate agreement since the 1997 Kyoto...

  • Robot white collar job

    Are robots and artificial intelligence slowly taking over white-collar jobs? Experts offer mixed views.

  • Elon Musk and some of the biggest names in tech are backing a non-profit artificial intelligence research company with funding of $1 billion.

  • SAN FRANCISCO/ BENGALURU, Dec 11- Some of the most prominent executives in the technology industry, including Tesla Motors Inc CEO Elon Musk, are backing a non-profit artificial intelligence research company with funding of $1 billion. OpenAI's list of donors include PayPal Holding Inc co-founder Peter Thiel, LinkedIn Corp co-founder Reid Hoffman and Musk...

  • Dec 11- Elon Musk, chief executive of electric carmaker Tesla Motors, on Friday unveiled OpenAI, a non-profit artificial intelligence research company that is backed by other prominent names from the technology world. OpenAI's list of donors include PayPal Holding Inc co-founder Peter Thiel, LinkedIn Corp co-founder Reid Hoffman and Musk himself among...

  • Dec 11- Elon Musk, chief executive of electric carmaker Tesla Motors, on Friday unveiled OpenAI, a non-profit artificial intelligence research company. OpenAI will be co-chaired by Musk and technology venture capitalist Sam Altman, according to a blog post. OpenAI will receive up to $1 billion in funding from various backers including Musk, Amazon Web Services,...

  • DEARBORN, Mich., Dec 10- Ford Motor Co is developing new ride-hailing services and investing $4.5 billion to expand its fleet of plug-in and hybrid electric vehicles, company executives said Thursday. The initiatives are part of a broader effort by Chief Executive Officer Mark Fields to counter threats posed by companies offering alternatives to car...

  • Dearborn, Mich., Dec 10- Ford Motor Co wants to develop ride hailing services that could compete with existing providers such as Uber or Lyft, the company's head of research said on Thursday. "Our vision is to be a mobility service provider, beyond building a vehicle that would be in somebody else's fleet," said Ken Washington, Ford's vice president of research.

  • The plant is expected to create 4,500 jobs and is contingent on the approval of a $250 million incentive package by the Nevada state legislature, which would include tax abatements and tax credits. "This is a new era for the state of Nevada," Governor Brian Sandoval said at a press conference to announce the investment. These factories are key to efforts by Nevada,...

  • Dec 10- Atlassian Corp Plc brought some cheer at the end of a dour year for technology public offerings on Thursday with a 33- percent pop on its Wall Street debut. The strong performance shone some light on a bleak year for IPOs, on pace to have their worst year in terms of dollars raised since 2009, according to data from IPO fund manager Renaissance Capital.

  • Atlassian's strong debut signals to investors that among the crop of 145 tech unicorns- venture-backed private companies worth $1 billion or more- there are still some that are not overvalued. Sydney- based Atlassian, which makes collaboration and management software, was valued at $3.3 billion in its last private valuation. Atlassian joins online dating...

  • Dec 10- Shares of Australian business software maker Atlassian Corp Plc rose as much as 33.3 percent in their market debut, valuing the company at about $5.85 billion. The company's initial public offering raised $462 million after the shares were priced at $21 each, above the expected range of $19- $20. The company has about 51,000 customers in more than 160...

  • Elon Musk confirms date for next SpaceX rocket launch

    SpaceX CEO and Tesla boss plans to launch the Falcon 9 rocket next week from the Cape Canaveral site.

  • Chinese billionaire plans to challenge Tesla from Vegas

    Faraday Future is investing $1 billion in North Las Vegas to build electric vehicles.