Moontoast picks up $5M, shifts focus to social ad campaigns

Social commerce platform Moontoast is shifting its focus to emphasize the growing social advertising movement, the company tells VentureBeat.

Let the driverless race begin: Toyota and Audi prep self-driving cars for CES

Not content to let Google see all the hype for self-driving cars, both Toyota and Audi will be showing off their own driverless solutions at the Consumer Electronics Show next week.

Toyota kills electric car plans, says ‘capabilities of electric vehicles do not meet society’s needs’

Japanese automaker Toyota has killed plans for a widespread launch of its second all-electric car, the eQ, citing a drastic misreading of the market and capabilities of electric vehicles.

Spotlight on hybrids: 4 of top 6 Le Mans contenders are hybrid race cars

[ UPDATED ]

Sorry, NASCAR fans. Probably the most important motorsport event in the world is 24 Hours of Le Mans. It’s the world’s oldest continually-running car race, and somewhat surprisingly this year, four of the top six contenders are …

Microsoft’s NUads on Xbox Live ‘motions’ boring TV commercials forward

The traditional television commercials that play between programs on a TV set are long overdue for an upgrade, which Microsoft is more than happy to provide.

The technology giant announced today it will begin selling advertising units for its interactive …

Back to the Future: Intel will pour $100M into connected-car investments

Intel Capital is announcing today a $100 million fund to invest in the future of car technology. The Intel Capital Connected Car Fund is aimed at turning the web-connected automobile into a reality.

The investment arm of the world’s biggest …

Ford and Toyota begin work on joint electric car powertrain

Car manufacturers Ford and Toyota announced today that the companies will collaborate on a hybrid-electric car powertrain for sport utility vehicles and light trucks.

Ford and Toyota will jointly develop a rear-wheel drive electric powertrain and then introduce the powertrain …

Google self-driving Prius gets into first accident, thanks to human error

For the first time, one of Google’s much-hyped self-driving cars has been in a car accident, according to auto blog Jalopnik. But it’s actually a mere human’s fault.

Google said the accident, in which a Google-owned Toyota Prius rear-ended another …

Tesla Motors inks $100M deal with Toyota

Electric vehicle maker Tesla Motors has made a deal to supply Toyota with electric powertrains.

The powertrains, which Tesla uses in its Model S and Tesla Roadster cars will now ship in Toyota’s RAV4 car in a deal that will …

California electric car rebate program runs dry

A California program that gives hybrid and pure-electric car buyers a rebate between $1,500 and $5,000 has run out of funding for the remainder of the state’s fiscal year ending June 30.

The state of California allocated $7 million last …