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Volvo Cars taps Baidu tech to develop robotaxi for China

November 1, 2018@1:45 AM TFP Editor 0

Volvo Cars has teamed up with Chinese search engine operator Baidu to develop a self-driving taxi for China, it said on Thursday, opening another frontier to secure its place in the robotaxi market while its Uber supply deal remains in limbo. Read on Reuters

Divers recover Lion Air jet's flight recorder on Indonesia seafloor

November 1, 2018@1:19 AM TFP Editor 0

Divers on Thursday recovered a flight recorder from the crashed Lion Air jet on the seafloor, a crucial development in the investigation into what caused the two-month-old plane to plunge into Indonesian seas earlier this week, killing all 189 people on board. One TV station showed footage of two divers after they surfaced, swimming to an inflatable vessel and placing the bright orange device into a large container that was transferred to a search-and-rescue ship. “I was desperate because the current below was strong but [Read More]

Cactus Announces Third Quarter 2018 Results

November 1, 2018@12:37 AM TFP Editor 0

HOUSTON–(BUSINESS WIRE)–Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2018. Third Quarter 2018 Highlights Increased revenues 8.7% from second quarter 2018 to $150.7 million, with growth in all business lines; Grew income from operations 12.1% sequentially to $52.1 million; Generated net income of $43.6 million and net income, as adjusted(1) of $39.2 million; Reported diluted earnings per Class A share of $0.52 and diluted earnings per share, as adjusted(1) of $0.52; Increased Adjusted EBITDA(2) [Read More]

Democrats unify around healthcare as Republicans play on immigration fears. Who will win?

November 1, 2018@12:00 AM TFP Editor 0

Democrats’ focus on healthcare has propelled it to ‘the top of the issue list in national polls, ahead of the economy and jobs’ Candidates for Congress, state governor and local offices are hurting their GOP opponents with attacks on their voting records in opposing Obamacare Photograph: Rick Bowmer/AP More As an example of having your cake and eating it, the four-term Republican congressman struggling to fend off a challenge from a political novice offered a masterly contortion. Kevin Yoder, under siege in an eastern Kansas [Read More]