automation

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric Co. (NYSE: EMR) announced on Tuesday that it has withdrawn its bid for Rockwell Automation (NYSE: ROK) that was valued you at $29 billion. Emerson offered a proposal to Rockwell on November 16.Emerson offered $225 per share, co..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

On Wednesday, the U.S. House passed a unanimous vote of 54-0 for a bill to speed up the deployment of self driving vehicles. Many auto manufacturing companies are already in a competition to be the first to develop an efficient and working self auto..

Amazon and Microsoft Team up to Integrate Their Voice Assistants

Amazon and Microsoft Team up to Integrate Their Voice Assistants

Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT) on Wednesday announced that they are partnering to allow integration between their digital assistants.Customers now are able to activate Microsoft’s assistant Cortana whe..

More Finance Jobs May Be Created As a Result of Automation

More Finance Jobs May Be Created As a Result of Automation

There are serious concerns that automation will lead to millions losing their jobs. Countries and governments will have to implement procedures as well as contingency plans to deal with the outcome of automation. According to a recent report however..