Luminar faces potential bankruptcy as Volvo backs off its promise to make lidar standard in its flagship models. Volvo blamed "limited supply of the lidar hardware." Luminar has already warned ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A bankrupt Orlando tech company ...
Mobileye (NASDAQ:MBLY | MBLY Price Prediction) and Luminar Technologies (NASDAQ:LAZR) both bet their futures on autonomous driving. One is building a real business around that bet. The other is ...
Back at WWDC 2025, Apple revealed that it was planning to allow CarPlay users to watch video via AirPlay in their vehicles while they are not driving, and the first beta of iOS 26.4 suggests the ...
With iOS 26.4, Apple is adding video podcast capabilities to the Apple Podcasts app. The feature uses HTTP Live Streaming (HLS) to provide podcast creators with "unprecedented control and monetization ...
Luminar has reached a deal to sell its lidar business to a company called Quantum Computing Inc. for just $22 million, unless it receives better offers by a deadline of 5:00 p.m. CT on Monday. The ...
Luminar Technologies (LAZRQ) disclosed in an SEC filing that it committed to a plan to further reduce its workforce by approximately 30% to reduce operating costs. The company said the reduction will ...
Luminar aims to continue operating through the Chapter 11 process, and sustain deliveries of its hardware and software. Credit: T. Schneider/Shutterstock.com. Automotive supplier Luminar Technologies ...
Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...
Luminar Technologies Inc, which manufactures laser-based sensors for cars, filed for bankruptcy shortly after it lost a contract with Swedish carmaker Volvo Car AB. The Orlando-based company filed for ...
The lidar maker has been stuck in a legal fight with its former CEO, Austin Russell, and has gone through several rounds of layoffs. The lidar maker has been stuck in a legal fight with its former CEO ...
It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR system an option – there are now reports that the Swedish car brand is set to ditch ...