Tag: Ford
Fiat Chrysler to start producing 1 million face masks a month
Fiat Chrysler Automobiles said Monday it will start manufacturing face masks in the coming weeks and donate the critical medical equipment to first responders and health care workers — the latest automaker to direct its manufacturing expertise towards the COVID-19 pandemic. The automaker confirmed to TechCrunch that production capacity is…
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Stocks broadly fall as Nasdaq dips modestly, SaaS gains on the day
The technology industry’s central role in an American economy shaped by attempts to mitigate the spread of COVID-19 is being reflected in how investors are approaching markets in these turbulent times. As the broader economy stumbles, technology companies and the major exchange they call home seem to be somewhat more…
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Ford, GM, Tesla given the ‘go ahead’ to produce ventilators, Trump says
Ford, GM and Tesla have been given the “go ahead” to make ventilators to help alleviate a shortage amid the COVID-19 pandemic, President Donald Trump said in a tweet Sunday that ended with a challenge to auto executives to show how good their companies are. Ventilators are a critical piece…
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Rivian shuts down all facilities over COVID-19 pandemic concerns
Rivian, the buzzy electric vehicle startup that is backed by Amazon and Ford, is shutting down all of its facilities due to the spread of COVID-19, the disease caused by coronavirus. Rivian employs more than 2,000 workers across several locations, including its headquarters in Plymouth, Mich., a factory in Normal,…
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Stocks rise after mixed day, with tech leading and SaaS outperforming
The wild ride that has been U.S. stock market over the past couple of weeks may be settling down — at least for the moment — from the whiplash-like swings that helped set global markets on edge. The new economic normal that the pandemic has brought to countries across the world…
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Open-source project spins up 3D-printed ventilator validation prototype in just one week
In a great example of what can happen when smart, technically-oriented people come together in a time of need, an open-source hardware project started by a group including Irish entrepreneur Colin Keogh and Breeze Automation CEO and co-founder Gui Calavanti has produced a prototype ventilator using 3D-printed parts and readily…
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