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Russian driverless tech company Cognitive Pilot sets sights on IPO

21 / 02 / 2020

Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public offering (IPO) after 2023, its chief executive told Reuters.

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Morgan Stanley to get $375 million termination fee if E*Trade walks away from deal

21 / 02 / 2020

Morgan Stanley will receive a $375 million breakup fee if E*Trade Financial Corp walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday.

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Self-driving car companies complain California test data may mislead

21 / 02 / 2020

Developers of self-driving cars are amping up criticism of a California reporting requirement on test data, saying the data could mislead, as the state prepares to release the latest results for 2019.

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Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA: NYT

21 / 02 / 2020

Federal prosecutors investigating Boeing Co are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737 MAX jet, the New York Times reported https://www.nytimes.com/2020/02/21/business/boeing-737-max-investigation.html, citing two people familiar with the matter.

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Elon Musk's SpaceX to raise $250 million, valuing it at $36 billion: CNBC

21 / 02 / 2020

Elon Musk's SpaceX is looking to raise about $250 million, taking the private rocket company's valuation to about $36 billion, CNBC reported on Friday, citing people familiar with the financing.

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