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Mobileye
Mobileye shuts down lidar development, cutting 100 jobs
Mobileye shutters its Lidar division, impacting 100 jobs, as it pivots to cost-saving strategies amid revenue slumps; The move highlights a shift toward acquiring Innoviz, focusing on imaging radar development
Sophie Shulman, Calcalist
|
09.10.24
China's automotive market woes spell disaster for Mobileye
Slowdown and increased tariffs for Chinese car manufacturers impact the Israeli tech company directly, leading to massive losses in stock prices and valuation
Sophie Shulman/Calcalist
|
09.01.24
Mobileye navigates through uncertainty amid layoffs
Even after unloading about 5% of its workforce, Israeli autonomous vehicle company struggling to recuperate costs and regain high profitability for investors
Sophie Shulman/Calcalist
|
03.20.24
Mobileye to cut 130 jobs in division closure
The aftermarket solutions division offering retrofitted advanced driver assistance technology sees a significant drop in revenues, falling to approximately $40 million annually
Meir Orbach
|
03.18.24
Israeli billionaire launches climate change initiative with Bill Clinton
Tech mogul Ziv Aviram, co-founder of Mobileye—a company acquired by Intel for $15.3 billion—is partnering with former US president to launch an investment fund focused on climate change technologies
Dan Raban
|
09.18.23
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