[ad_1] The company hasn’t delved into specifics for the restructuring strategy, according to the report, but said this would likely involve a partnership. We’ve asked Faraday Future for comment. However well a restructuring works, the departure of Jia Yueting could play a crucial role in the company’s chances — or at least, its perception. The […]
Category: business
The Morning After: KFC tries out 'Beyond' faux-chicken
[ad_1] Hey, good morning! You look fabulous. Even if you're not an esports millionaire (yet), you should still care about your security practices online and offline. We have some tips on how to keep things locked down, plus a look at the new Star Wars trai… [ad_2] Source link
GlobalFoundries lawsuit threatens sales bans against Apple, NVIDIA
[ad_1] The consequences could still be serious. In one of the ITC complaints, GlobalFoundries called for import bans on many of Apple’s devices with mobile chips, including the iPhone XS, AirPods, Apple Watch Series 4 and Apple TV 4K. It would still be highly damaging for others. NVIDIA’s GPU business revolves heavily around assembly at […]
AT&T’s telecoms chief is retiring amid industry upheaval
[ad_1] He’s held the top job in AT&T’s telecoms unit for two years. Donovan’s current remit includes AT&T’s mobile and internet networks, as well as some of the company’s convoluted streaming platforms — the WarnerMedia unit is in charge of HBO Max. “It’s been my honor to lead AT&T Communications during a period of unprecedented […]
Baidu takes second place from Google in the smart speaker market
[ad_1] An abysmal performance by Google further helped Baidu. The company shipped 4.3 million Home and Nest-branded devices in Q2 2019, down from 5.4 million during the same period last year. The drop in shipments represents a 19.8 percent year on year decline for Google. Notably, of the five main companies included in today’s report, […]
Tesla will reportedly raise prices in China again this week
[ad_1] Last week, China announced a raft of new levies on $75 billion of imported American goods. Among them was a plan to revive a 25 percent tariff on US cars that was suspended last December, along with an extra 10 percent levy on certain cars and five percent on auto parts. Those would bump […]
For Disney, it’s all about ‘quality over quantity’ with Disney+
[ad_1] Of course, since Disney’s announcement in 2017 that it would launch its own streaming service, Disney+ was immediately billed as a Netflix rival — which is understandable considering how dominant Netflix has been in that business over the past few years. But Paull sees it differently. “I don’t really think about it in that […]
Tesla’s solar panels reportedly caught fire at an Amazon warehouse
[ad_1] The incident reportedly happened back in June 2018, but the e-commerce giant just came out with the information. Bloomberg says Amazon told the publication via email that it has taken steps to protect its facilities and will no longer install any more Tesla systems going forward. We’ve reached out to both companies to confirm […]
Twitter’s Trust and Safety advisors say the company isn’t listening
[ad_1] In the letter, obtained by Wired and published Friday, members of the council express to the company that “There have been no advance heads-up of Twitter’s policy or product changes to the council, leaving many of us to have no prior warning or let alone knowledge when answering press and media inquiries.” The members […]
US book publishers sue Audible over AI-powered transcription
[ad_1] At the center of the case is the Captions feature the Amazon-owned company announced last month. The feature uses machine learning to allow Audible users to transcribe an audiobook into text. Since it announced Captions, Audible has positioned the feature as a student aid. However, the company also plans to make it available to […]