Today, Twitter announced that it is acquiring Squad and that the team from the screen-sharing social app will be joining Twitter’s ranks. Squad’s co-founders, CEO Esther Crawford and CTO Ethan Sutin, and the rest of the team will be coming aboard inside Twitter’s design, engineering, and product departments, Twitter tells us. Crawford specifically notes that […] …Continue Reading

Portuguese VC Faber has hit the first close of its Faber Tech II fund at €20.5 million ($24.3 million). The fund will focus on early-stage data-driven startups starting from Southern Europe and the Iberian peninsula, with the aim of reaching a final close of €30 million in the coming months. The new fund targets pre-series […] …Continue Reading

Ford, Bosch and Bedrock today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park itself in the parking structure. Systems in a Ford Escape test vehicle communicate with Bosch sensors to locate an empty parking location and move the […] …Continue Reading

One of the areas of autonomous driving technology with the most potential to have a near-term and dramatic impact remains trucking: There’s a growing lack of drivers for long-haul routes, and highway trucking remains a relatively uncomplicated (though still very challenging) type of driving for AV systems to tackle. Many companies are pursuing the challenge […] …Continue Reading

Ford said Saturday it will test hourly and salaried employees with suspected COVID-19 symptoms in four metro areas where it has major operations as it prepares to reopen facilities this month. The automaker is expected to resume production and some operations at its North America facilities May 18. Aside from factory workers, Ford is also […] …Continue Reading