Year: 2019

Toyota Teams up To Invest $1B in Uber’s Self-Driving Car Unit

Toyota Motor Company has just announced an investment in self-driving vehicles.  While the concept is certainly not foreign, the direction of this investment may be surprising.  Apparently Toyota is teaming up with Japanese auto-parts supplier Denso to invest $667 million in Uber’s self-driving fleet.  Combined with another $333 million from Softbank’s Vision Fund,

FDA, FTC Have Sent Warning Letters To Three CBD Marketers For False Medical Claims

On Tuesday, April 2, 2019, letters from the Food and Drug Administration (FDA) and the Federal Trade Commission (FCC) were sent to three companies that market cannabidiol (CBD) products warning them against making false claims that their products can treat diseases like cancer and Alzheimer’s. The three companies are: Nutra

Apple Is Definitely Getting Into The Electric Car Market With Its Latest Hire

For a long while now there has been a lot talk about Apple’s involvement in the electric vehicle market as to its development of the self-driving systems for electric vehicles(EV) but now it appears that Apple will be developing a complete electric autonomous vehicle.   Apple’s hiring of Michael Schwekutsch, former VP

Sony’s Former CEO and Chairman of the Board Kazuo Hirai, Retiring

Kazuo Hirai, Sony’s former CEO and Chairman of the Board is retiring after serving with the company for 35 years.   Sony Corporation, a Japanese multinational conglomerate company is  headquartered in Kōnan, Minato, Tokyo. Its diversified business includes consumer and professional electronics , smartphones, film and movies, television and home theaters,