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If you need any further proof that electric vehicles (EVs) are taking over the world then consider the fact that my 86-year-old father already drives one. And like EVs produced by BMW, Mercedes, Honda and Renault, the model he owns—a Nissan Leaf&m…
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In yet another U-turn, Elon Musk offered to proceed with a deal to buy Twitter for $54.20 per share Tuesday, a proposal that paves the way for the completion of his $44 billion takeover of the company and would avoid the continuation of a costly legal battle.
Read More: Elon Musk Is Convinced He’s the Future. We Need to Look Beyond Him
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Elon Musk declared that most of the advertisers who abandoned Twitter after his $44 billion acquisition have returned, and said the company could become cash-flow positive as soon as this quarter.
Speaking in a rambling Twitter Spaces interview with the BBC, Musk said there are just 1,500 employees left, down from around 8,000, and he reaffirmed Twitter is operating at about breakeven. Mo…
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The CEOs of more than 250 companies including Levi Strauss & Co., Dick’s Sporting Goods, Patagonia and Unilever have cosigned a letter urging the U.S. Senate to take immediate action to address what they called an “epidemic” of gun violence, following a series of high-profile mass shootings in recent weeks. The letter emphasized not just the human toll but also the “…
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(To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.)
I first met Oscar Munoz when he spoke at our TIME100 Summit in 2019 about the turnaround he was leading at United Airlines. In the years since, we’ve had conversations about numerous topics ranging from leadership in crisis (a mandatory skill in t…
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On July 1, the same day college athletes around the country were finally allowed to sign third-party sponsorship agreements and monetize their name, image, and likeness (NIL) rights, a Times Square billboard touted Hanna and Haley Cavinder, twin sisters and the leading scorers for the Fresno State University basketball team. They’d just signed on as faces of Boost Mobile.
During 202…
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Google said it will terminate services for Stadia, its troubled cloud gaming service, after it failed to gain traction with players almost three years after its launch.
Stadia was an attempt from Alphabet Inc.’s Google to take on the video game console giants with a platform of its own. Unlike traditional consoles, Stadia allowed users to play games on devices such as Android phones…
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(Bloomberg) — The National Republican Congressional Committee will begin accepting campaign contributions via cryptocurrency, the party announced Thursday.
The NRCC, House Republicans’ campaign arm, said the move would allow it to use new technology to support the party’s House candidates.
“We are focused on pursuing every avenue possible to further our missi…
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Before the pandemic, Earl Stewart could count over 300 new cars sitting on the lot of his family’s Toyota dealership in South Florida on any single day. The high inventory meant customers could find the exact model and color they wanted for well below sticker price. But now, Stewart’s lot has just a fraction of the cars he had before, with inventory down to 31 as of Friday.
Th…
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Hong Kong will hand out 500,000 air tickets to bring in much-needed visitors as part of a global publicity campaign unveiled on Thursday.
The city’s leader John Lee announced the giveaway at the launch of the Hello Hong Kong campaign at a briefing, saying it was “probably the world’s biggest welcome ever.” Lee highlighted a number of events coming up including the …
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