Hyperbole and cheap headlines are the name of the game in self-driving cars, and today was a good example. GM said Honda would invest $2.75 billion in the efforts of its Cruise division, which is trying to develop robotaxis in San Francisco. In reality, Honda agreed to invest $750 million now and add $2 billion over the next 12 years. Moreover, GM’s regulatory filing says some of that money may...
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The Takeaway Amazon
Why I Love and Fear Amazon Basics
Jeff Bezos this week wrote his final shareholder letter as he steps aside as CEO of Amazon. It is remarkable what he and the company have accomplished. I vaguely remember buying my first book on Amazon. Today, I buy…well, that brings me to the point of this week’s column. I recently realized that my kids’ whiteboard markers had run dry. I grabbed my phone and searched for...
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