Tesla
Tesla To Cut Number Of Salaried Employees By 10% But Hire More Hourly Workers
Tesla Chief Executive Elon Musk appeared to recant his words in a tweet response Saturday, stating that the amount of salaried personnel might not...
Retail
Walmart Using Its Stores As Fulfillment Centres As It Ups Competition With Amazon
Walmart's massive stores are recognized for their low-cost food, napkins, and clothing aisles. Those huge boxes are now e-commerce hubs, acting as delivery drone...
Ford
Ford CEO Jim Farley Predicts Rise In Consolidation Of the Electric Vehicles Sector
In the coming years, Jim Farley, CEO of Ford Motor Company, anticipates the automotive industry's continuous shift to electric cars to compel considerable consolidation...
IT & Tech
Broadcom to Transition VMware to Subscription-based Model Once It Closes its Acquisition
Broadcom Inc stated a week ago that it wanted to buy VMware for $61B in stock and cash. We don't yet know the changes Broadcom expects to...
Africa & Middle East
Egypt Signs Contract with Siemens Mobility to Construct High-Speed Railway Line
Egypt has entered a contract to build a 2000 kilometers high-speed railway with Siemens Mobility’s traffic and rail unit and a consortium of partners....
IT & Tech
Broadcom In Discussions To Purchase Cloud Solutions Firm VMware For $50 Billion
According to sources privy with the issue, Broadcom Inc. (NASDAQ: AVGO) is in discussions with cloud solutions firm VMware Inc. (NYSE: VMW) to acquire...