Apple Stock News: Project Titan To Be Tested in California
Apple Stock News
For the latest Apple Stock News, AAPL closed at $141.05 on Friday, April 7, 2017. It had a loss of 0.53% from its previous close of $141.80 per share.
Whilst The Fate of Furious is now on screen, exciting news for Apple were revealed. The Department of Motor Vehicles now allowed three vehicles from different companies to test self-driving cars on public roads. And Apple was among them. Self-driving cars are not new. Apple has been working on project Titan. Apple has been testing its autonomous technologies in unmarked labs, and more particularly in Sunnyvale, CA. The deadline given by the company to its employees to prove the feasibility of the project is the end of 2017.
In October, the team made changes to shift the strategy of project Titan. As always, most of it was secret, and the company didn’t reveal its plans. Well, today we now know more about it. Therefore, Apple decided to focus on autonomous software rather than developing its own self-driving car. However, many accidents occurred in the past and the rules to test self-driving cars are very strict. Thus, any companies willing to test their product on the Californian roads must previously apply to the California DMV (Silicon Valley Business Journal).
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