Apple In Talks To Buy Lidar Technology For Self-Driving Car: Report


3 Stocks Flashing Signs of Strong Insider Buying

For an individual investor to beat the market, you need an edge. Investing strategies come in different forms and you can rely on several factors to achieve the end goal of strong returns. Be it following analyst ratings, upcoming catalysts or recognizing the latest market moving trends. There is another option: following the signal from those in the know – the corporate insiders. These are the company officers whose positions give them both access to frequently privileged information on business plans and finances and the experience necessary to translate that into smart stock trades. And better yet – they are not wholly free actors. Being responsible to shareholders and Boards of Directors for company profits, these insiders cannot use their inside knowledge for selfish purposes. Which means that following their stock trades, especially of their own companies, can be a viable

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An Apple car would increase pressure on Tesla and other automakers

External View of the Apple store on Fifth Avenue on August 19, 2020 in New York City.

VIEW press | Corbis News | Getty Images

Tesla has been called “the Apple of the automotive industry” for the amount of technology in its vehicles.

But as Apple is in talks to partner with South Korean automaker Hyundai-Kia for an electric vehicle, what does that mean for Tesla and other automakers?

Simply put, it’s complicated. Apple is known for its secrecy and there’s little information regarding what its business model would be for a so-called Apple Car. But overall, the tech giant entering new segments — phones, watches, music, streaming, etc. — has meant significant pressure for legacy companies to match its consumer interface and products. A car would likely be no different.

“There’s no question that Apple getting into the auto industry at all is going to put pressure on

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Apple and Tesla expert says Apple is getting into the car business

Is Apple going to build a car, partner on a car, or offer software and services for cars? You’ve heard all of those theories — and heard them retracted. Now what?

“I think it’s important to make a distinction between when Apple works on something compared to when it sees the light of day,” says Gene Munster,  co-founder and managing partner of Loup Ventures and a keen watcher of Apple and its automotive doppelganger, Tesla. “It’s very clear Apple has ambitions to build a car. It was not clear six months ago.”

Apple car rendering

Designer Aristomenis Tsirbas won a contest to imagine the Apple Car back in 2015, but the company has yet to produce one. 

Aristomenis Tsirbas

Our conversation was booked as rumors flew that Hyundai or Kia were about to announce a deal to build cars with Apple. By the time the interview took place a few

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The Apple Car is exposing the EV industry’s biggest strategy rifts

Apple’s talks with Hyundai and Kia which could have seen the South Korean automakers build the much-rumored Apple Car have ended, highlighting stark differences in how automakers aim to capitalize on significant investments into electric vehicle platforms. Earlier in the year, Hyundai appeared to signpost that Apple’s longstanding Project Titan car project had found its manufacturing partner, announcing that the two companies were in talks.

It was enough to send Hyundai and Kia’s stock price shooting up, and prompt some confusion among long-time Apple watchers. The Cupertino company has never publicly discussed its long-term plans for Project Titan, nor committed to making a vehicle. Indeed, its collaborations with third-parties are usually wrapped tightly in a level of secrecy from non-disclosure agreements.

Hyundai’s announcement, and the media furore that followed it, was believed to have caused some waves, then. The automaker released subsequent statements that backtracked from its initial confirmation, but

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