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Toyota is investing 7 billion yen ($44.4 million) in Interstellar Technologies, exploring rocket development as part of its vision for future mobility. Disney plans to merge Hulu + Live TV with Fubo, creating a combined service with 6.2 million subscribers, while Canadian Prime Minister Justin Trudeau announces his intention to step down as Liberal Party leader but will remain in office until a successor is chosen. Former NFL quarterback Eli Manning expresses interest in acquiring a minority stake in the New York Giants, the team he played for over 16 years.
Toyota is set to open Woven City, a futuristic settlement at the base of Mount Fuji, this year, with plans to move in the first 100 residents by fall 2025 and expand to 2,000. The project aims to serve as a living laboratory for AI, robotics, and smart technologies, though profitability remains uncertain. Woven's CEO expressed a desire for the project to be profitable, despite challenges in quantifying its innovations.
In a rare joint appearance, the chairmen of Toyota and Hyundai showcased their companies' high-performance vehicles at a racing festival in Yong-in, South Korea. Akio Toyoda and Euisun Chung highlighted the collaboration between rivals amid the growing trend of electrification, featuring rally cars and future-oriented models, including hydrogen-powered vehicles.
Akio Toyoda
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investors watch as toyota explores space and disney merges streaming services
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12:54 07.01.2025
Toyota's Woven City to Welcome First Residents by Fall 2025
07:21 07.01.2025
Toyota and Hyundai chairmen collaborate at racing festival showcasing future vehicles
06:36 27.10.2024
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