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Marques 'MKBHD' Brownlee Apologizes For Overspeeding In Recent Video, Cuts Off Snippet Of Driving A Lamborghini At 96 MPH In 35 MPH Zone
Wednesday, November 13, 2024 - 3:26am | 524Popular tech YouTuber Marques Brownlee, also known as MKBHD, apologized for overspeeding in his recent video on Tuesday, following severe backlash from viewers. What Happened: “Last video I did something pretty stupid. You might’ve already seen it, but maybe not so I’ll address it...
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US Mulls Sanctions On Beijing Banks For Alleged Role In Putin's War In Ukraine: 'China Can't Have It Both Ways,' Blinken Says
Tuesday, April 23, 2024 - 9:38am | 783Washington, D.C. may impose sanctions on certain Chinese banks over their commercial support of Russia’s war in Ukraine. What Happened: According to the Wall Street Journal, Secretary of State Antony Blinken recently addressed the issue in a speech at the G7 meeting in Capri, Italy....
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Warren Buffett-Backed BYD, DJI Join Forces to Showcase World's First Vehicle-Mounted Drone
Friday, January 19, 2024 - 8:56am | 435Warren Buffett-backed Chinese EV maker BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY) showcased the first vehicle-mounted drone at its headquarters in Shenzhen this week developed in collaboration with tech company DJI. What Happened: The unmanned aircraft system is integrated into an automotive-grade drone...
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Maryland Police Defy US Blacklist: Chinese Drones Banned In 4 States Still Being Used For Surveillance
Monday, July 31, 2023 - 12:06am | 560In a blatant act of defiance against the U.S. investment blacklist and bans in four states, Maryland law enforcement agencies persist in utilizing Chinese drones from DJI, a technology company embroiled in controversy over allegations of surveilling Uyghur residents and data privacy...
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'Making Progress': Stock Market Update For The Week Ahead
Monday, December 21, 2020 - 8:12am | 1049The Past Week, In A Nutshell What Happened: Despite a volatile week, U.S. index futures managed to establish new all-time highs. Remember This: “In the longer term, the good news is that vaccines are now rolling out increasingly quickly,” said Brad McMillan, chief investment officer at...
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Bears On The Prowl: $DJI Now Down 20% From Recent Highs As Virus Impact Contemplated
Wednesday, March 11, 2020 - 5:27pm | 1335For the first time in more than a decade, a bear prowls on Wall Street. The Dow Jones Industrial Average ($DJI) closed down 4.5% Wednesday, off more than 20% from its recent all-time high. A 20% decline from highs is the definition of a bear market. The S&P 500 Index (...
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Flytrex Presses On With Backyard Drone Delivery
Wednesday, July 17, 2019 - 8:12am | 670In an interview with Benzinga, Yariv Bash, the founder and CEO of Flytrex, a pioneer in drone delivery technology, discussed the company's product and future plans. About Yariv Bash And Flytrex Bash is an experienced air and spaceflight entrepreneur. In 2013, he co-founded Flytrex, an...
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Oppenheimer: For Ambarella, The Bear Thesis No Longer Applies
Wednesday, January 3, 2018 - 1:58pm | 440In the past one- and two-year periods, Ambarella Inc (NASDAQ: AMBA) underperformed most major indices, but this may change in 2018, according to one Wall Street analyst. The Analyst Oppenheimer's Andrew Uerkwitz upgraded Ambarella's stock rating from Perform to Outperform with a new $70...
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The Drone Industry Isn't As Healthy As It Seems
Friday, January 13, 2017 - 10:52am | 408Many market research firms argue that the drone industry appears poised for growth over the coming years, but taking a closer look at some of the leading companies in the space paints a different picture. According to Gadfly's Leila Abboud, the "once-hyped" drone industry is experiencing a "chill...
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The Drone Wars Are Heating Up: Could GoPro Be Left In The Dust?
Wednesday, September 28, 2016 - 9:40am | 453Bank of America Merrill Lynch sees the introduction of Mavic drone by DJI as having minimal impact on its fourth-quarter estimates for GoPro Inc (NASDAQ: GPRO). That said, the firm is of the view that Mavic increases risk to its 2017 estimates due to its competitive size and pricing relative to...
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Drone Companies Are Teaming Up To Lobby Politicians And GoPro Is Involved
Tuesday, April 5, 2016 - 11:45am | 415'Drone Manufacturers, Assemble!' The Drone Manufacturers Alliance, a four-company strong coalition of drone developers, is made up of 3DR, DJI, Parrot and GoPro Inc (NASDAQ: GPRO) and while it is the thing of science fiction or superhero comics, it does provide a glimpse into an innovative and...
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IDC: Camera Drone Shipments In China Will Surge To 3 Million Units In 2019 From Just 390,000 Units In 2016
Tuesday, February 16, 2016 - 8:31am | 205Camera drone shipments are expected to surge over the coming years to three million units in 2019 from just 390,000 units in 2016, according to a report by the IDC. According to the IDC data, noted that camera drones are becoming increasingly popular in China and will experience a compounded...
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Drone Technology In Everyday Applications: Not Just For The Military Anymore
Wednesday, September 4, 2013 - 3:21pm | 942Drones are no longer a technology of the future. They are being manufactured and used in a variety of applications, but the most common is aerial surveillance and intelligence including border control. Up until now, the military has been the primary market for drone technology, using it to...