Tesla (TSLA) appears to be backtracking on its recent workforce reduction strategy, as Bloomberg reported the electric vehicle giant is rehiring some of its Supercharger team. This move comes just a month after CEO Elon Musk laid off nearly all of its employees on the Supercharger network team. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith...
Continue ReadingSweden's biggest union on Tuesday threw its weight behind a six-month-old strike by mechanics at Tesla, escalating the U.S. carmaker's latest dispute with organised labour. At the heart of the strike is Tesla CEO Elon Musk's refusal to sign a collective bargaining agreement allowing the metal workers' union to negotiate deals for the workforce as a whole...
Continue ReadingThe M&A strategy heralds a new era of innovation in AI-driven cybersecurity solutions for technology firms like Cisco (CSCO), IBM and Hewlett Packard (HPE)...
Continue ReadingThe National Highway Traffic Safety Administration posted a notification of an investigation into self-driving taxis operated by Waymo...
Continue ReadingPresident Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway...
Continue Reading(Bloomberg) -- Alphabet Inc.’s recent results raised hopes that the Google parent can still be a big player in artificial intelligence. Now it has a chance to prove it.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeBiden Adds Tariffs on Chinese Chips, Critical Minerals, EVsTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsFive Under-the-Radar Billionaires Making Vast Fortunes in Modi's...
Continue ReadingIf you use Slack at work, you've likely noticed that the number of channels you're invited to proliferates incessantly. David Sacks, one quarter of the popular “All In” podcast and a renowned serial entrepreneur whose past companies include Yammer – an employee chat startup that sold to Microsoft for $1.2 billion in 2012 – says he can solve this problem. Toward that end, he teamed up with Evan Owen, formerly the VP of engineering at a collaboration app, Zinc, that ServiceMax acquired in 2019. Th...
Continue ReadingMicrosoft reports strong quarterly earnings driven by cloud business momentum & solid performance. $80B cash enables flexibility for large acquisitions...
Continue ReadingArm is finally finding its way into the data center, but the stock is priced for perfection...
Continue ReadingUpdate: Amazon.com's Zoox Automated Driving System Under US Traffic Safety Investigation...
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