December 12 – 5 Key Stories From The Digital World

By December 12, 2019 Insight

1. The world’s first 3D-printed neighborhood now has its first houses

  • giant, 33-foot-long 3D printer recently built the walls of the first homes in the world’s first 3D-printed neighborhood
  • 500-square-foot houses were finished with roofs, windows, and interiors last week
  • printer works by squirting a concrete mixture in layers to build floors and walls

2. Saudi Aramco dethrones Apple as world’s most valuable company

  • Aramco surged 10% – the daily limit – on its opening day and is now worth just shy of $1.9 trillion
  • Apple had held the top spot since February, with Microsoft not far behind the Silicon Valley tech giant
  • Aramco’s mammoth valuation is also nearly a billion more than that of its competitors BP, Royal Dutch Shell, Exxon Mobil, and Chevron combined ($904.6 billion)

3.  Cruise, GM-backed self-driving company, teases life ‘beyond the car’

  • Micromobility solutions, like electric bikes and scooters, “only solves first/last mile problems for a small segment of the population, and only in certain communities”
  • “To make order-of-magnitude — rather than incremental — improvements in transportation, we need to build alternatives that are superior to the status quo in every way,”
  • while the company won’t be launching a commercial product this year, it did plan to dramatically increase the number of its autonomous test vehicles on the road

4. Audi experiments with a rideshare service in Southern Germany using an EV and gasoline fleet

  • Audi has turned to Fleetonomy, a fleet management service that offers white-labeled ride hailing app services and fleet management technology
  • company develops technology to handle fleet utilization and improve efficiency by bringing visibility to maintenance constraints, real-time demand and supply availability
  • “The need for flexible mobility among customers is growing and is set to become an additional focus area for the automotive industry…”

5. Goldman Sachs is set to launch its robo advisor service

  • Goldman can diversify its customer base and revenue stream by launching a robo advisor service — and the product fits right into the bank’s wider consumer banking strategy
  • bank’s traditional investment accounts serve consumers with $1 million to $10 million of investable wealth…new robo advisor service targets a lower-income demographic that’s still looking to build its wealth
  • likely be able to lure in this demographic, and users of the robo advisory service could eventually use Goldman’s other wealth management tools