EV startup Vinfast to cut U.S. jobs
Amid a restructuring, VinFast is grappling with a late shipment of its first cars......»»
Sheryl Sandberg to Leave Meta Board
Sheryl Sandberg, who had served as COO of Facebook, and then Meta, for 14 and a half years and as a board member for 12 years, will step down in May. Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digit.....»»
Will AI Take Your Job? Maybe Not Just Yet, One Study Says
A new paper published by MIT researchers suggests automation in the workforce might happen slower than some expect. Will artificial intelligence take our jobs? If you listen to Silicon Valley executives talking about the capabilitie.....»»
Fortescue CEO: Detroit is ‘best place’ for new $210M EV battery factory, 600 jobs
Fortescue received approval of $12.7 million in state incentives to support an EV battery systems factory next to the birthplace of the Ford Model T......»»
TuSimple was once valued at $8 billion. Now it"s delisting from the Nasdaq. What went wrong?
The once darling of the AV startup world has been plagued by internal strife and technological volatility since it went public in 2021......»»
Riot Games cuts 530 jobs and axes Riot Forge in major shakeup
Riot Games, developer of League of Legends and Valorant, are making huge cuts to their workforce, leaving many facing redundancy.....»»
Study shows RNAs do work outside of cells to guide the immune system
Ribonucleic acids (RNAs) are the ultimate cellular insiders. They perform several critical jobs, such as ferrying genetic instructions from a living organism's DNA to its protein-making machinery (a process key to cellular processes) and controlling.....»»
Employers should use skill-based hiring to find hidden talent, address labor challenges
A concerning trend known as qualification inflation has been plaguing hiring practices for years. Qualification inflation—also known as degree inflation—refers to the growing number of employers requiring degrees and extensive experience for jobs.....»»
Ford cutting jobs at F-150 Lightning plant, adding 3rd shift for Bronco, Ranger
Ford is eliminating two of the three production crews at its Rouge Electric Vehicle Center, forcing 1,400 people to either retire or move to another plant in the Detroit area......»»
VinFast U.S. plans rise above early setbacks
The startup is committed to a national dealer network, North Carolina factory and a broad vehicle lineup that will include a pickup and a sub-$20,000 micro car, Chairwoman Le Thi Thu Thuy tells.....»»
VinFast reports 34,855 global sales for 2023, below its forecast
The Vietnamese automaker, which is setting up a U.S. dealership network, said economic headwinds and a slow EV adoption rate in some markets hurt sales for the year......»»
Bosch to cut 1,200 jobs in software unit on self-driving lag
Bosch said a weak economy and high inflation, caused among other things by increased energy and commodity costs, are currently slowing down the transition to autonomous driving......»»
What"s stopping US climate policies from working effectively?
In an effort to reduce greenhouse gas emissions and curb global warming, the U.S. has enacted several ambitious federal laws, such as the Inflation Reduction Act (IRA) passed in 2022 and the Infrastructure Investment and Jobs Act (IIJA) of 2021......»»
Fisker faces NHTSA probe over Ocean crossover braking complaints; stock sinks below $1
The EV startup, already struggling with sales and distribution, has received nine complaints alleging loss of braking over low-traction or bumpy roads, NHTSA said. One of the complaints alleges a crash and injury......»»
Is economic growth good for our health?
Is economic growth good for us? Put another way, we know that growing the economy is good for business and for creating jobs. But does it help everyone in society? One way to answer this question is to explore what it does for population health......»»
EV maker VinFast bets its US future on $20,000 car with "an interesting twist"
EV maker VinFast bets its US future on $20,000 car with "an interesting twist".....»»
Redundancies have unintended consequences for all employees, even those who keep their jobs
Tech giants including X (then known as Twitter) and Facebook owner Meta announced thousands of job cuts globally in 2022 and 2023, as did other firms like entertainment company Disney, consultancy firm KPMG and phone company Vodafone. And let's not f.....»»
The next step in smartphone battery tech – nuclear power!
A Chinese startup has unveiled a new battery based on nuclear technology that they claim allows batteries to last for as long as 50 years! The post The next step in smartphone battery tech – nuclear power! appeared first on Phandroid......»»
Stellantis invests in French sodium-ion battery startup Tiamat
Sodium-ion batteries could offer an alternative to lithium, especially for inexpensive short-range EVs......»»
Biden administration awards $632M for EV charging in new funding round
The Infrastructure Investment and Jobs Act set aside $2.5 billion for underserved and rural areas. Enlarge (credit: Getty Images) The federal government's Joint Office of Energy and Transportation announced on Thursday $.....»»
Lucid Q4 deliveries fall 10%; stock plummets
The EV startup reported 1,734 deliveries in the most recent quarter and full-year sales of 6,001. Lucid has repeatedly cut its production forecasts amid weak demand for its luxury Air sedan......»»