In a statement Hyundai Motor Co said, it envisions an interactive and partial virtual future in what it terms as “metamobility,” wherein a variety of robotic devices will be able to interact with humans to provide a broad range of mobility… Read More ›
In an interview to German daily Muenchner Merkur, BMW’s CEO Oliver Zipse said, the carmaker plans on creating up to 6,000 new jobs in 2022 as it prepares to meet heightened demand for its electric vehicles. “BMW is on a… Read More ›
In a statement the CEO of Rivian Automotive Inc RJ Scaringe said, the automaker will delay deliveries of its electric pickup truck and sports utility vehicle with big battery packs to 2023. He went on to add, the large majority of… Read More ›
In a tweet, Tesla Inc’s CEO Elon Musk said, he will be paying more than $11 billion in taxes this year. The development comes in the wake of Democratic Senator Elizabeth Warren tweeting that Musk should pay taxes and stop “freeloading… Read More ›
On Friday, in a statement Japan’s Mitsubishi Corp said, Katsuya Nakanishi, its executive vice president who is also the chief of its power business will now head the company as of April 1, 2022. Mitsubishi’s current president Takehiko Kakiuchi will become… Read More ›
In a statement the CEO of Uber Technologies Inc said, the company is looking to sell stakes its non-strategic stake in companies including in Beijing-based Didi Global Inc saying the lack of transparency makes the Chinese market tough. In 2016, the US… Read More ›
According to two sources close to the matter at hand, Frank Appel, CEO of Deutsche Post is the favorite to become the next supervisory board chairman of Deutsche Telekom. Both sources have confirmed that Deutsche Post’s supervisory board is scheduled to… Read More ›
Payments company Square Inc, led by former Twitter CEO Jack Dorsey has changed its name to Block Inc, underscoring that it looks to expand beyond its payment business into new technologies including blockchain. While the name “Square” had become synonymous… Read More ›
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
Twitter Inc’s CEO Jack Dorsey has stepped down from his role following which Parag Agrawal, Twitter’s Chief Technology Officer is set to lead the company. Agrawal, a 10-year veteran in Twitter, has signaled a tacit endorsement of a board strategy… Read More ›
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