Ford CEO Jim Farley says Chinese automakers such as BYD are its greatest EV rivals
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China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch
On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.CNBC - Business - China -
Nissan looks for partnerships to cut electric vehicle costs
Chief executive says ‘we cannot do this alone’ as carmaker responds to threat from Chinese rivalsFinancial Times - World -
Ford to trim workforce at plant that builds its F-150 Lightning as sales of EVs slow
Ford will drastically cut the number of hourly workers at its factory that builds the Ford F-150 Lightning as sales of electric vehicles slow, according to a media reportABC News - Top stories -
Fisker said its negotiations for a tie-up with a large automaker have broken down, heightening concerns about the EV startup's financial situation.
Fisker said its negotiations for a tie-up with a large automaker have broken down, heightening concerns about the EV startup’s financial situation.The Wall Street Journal - World -
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Automakers beware: BYD can still afford to cut prices
EV giant has scope to sacrifice short-term profits to try to win a fierce battle for market shareFinancial Times - Business -
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Fisker Says Deal Talks End, Adding Pressure to EV Maker
The negotiations were critical to giving the California company a lifeline to stave off bankruptcy. Shares traded below a dime.The Wall Street Journal - World -
BYD's Rise Challenges Tesla---and Its Valuation
BYD and Tesla have a lot in common these days—except in terms of market value, where the U.S. company is roughly seven times as big.The Wall Street Journal - World -
BYD Net Profit Rises as It Overtakes Tesla as Top EV Seller
BYD sold more than 526,000 fully electric vehicles in the fourth quarter, topping Tesla for the first time as the world’s largest seller of EVs on a quarterly basis.The Wall Street Journal - World -
BYD Net Profit Rises as It Overtakes Tesla as Top EV Seller
BYD sold more than 526,000 fully electric vehicles in the fourth quarter, topping Tesla for the first time as the world’s largest seller of EVs on a quarterly basis.The Wall Street Journal - Business -
Jim Cramer says newly public Astera Labs is already too expensive
CNBC's Jim Cramer gave investors his take on the valuation of Astera Labs, which debuted on the market last week.CNBC - Business -
Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor ShowABC News - Tech -
Chinese-made EVs set to take 25% of European market this year
EU car manufacturers warn that a wave of cheaper models from China will undercut those produced by local companiesFinancial Times - World -
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Chargers' Jim Harbaugh says having No. 5 draft pick is like owning No. 1 when you have a great quarterback
Coincidentally, the Chargers have the No. 5 pick in the draftCBS Sports - Sports -
Boeing May Turn to Outsider for its Next CEO to Tackle Spiraling Crisis
As Dave Calhoun exits amid a series of accidents and safety lapses that leave the aircraft maker's reputation in free fall, its revamped board seeks a success, who may come from outside the industry.Inc. - Business -
Nio’s stock touches 52-week low after Chinese EV maker cuts sales estimates
U.S.-listed shares of Nio Inc. on Wednesday hovered around a 52-week low after the Chinese electric-vehicle maker cut its current-quarter sales estimates.MarketWatch - Business -
Fisker Says Deal Talks End, Adding Pressure to EV Maker
The negotiations were critical to giving the California company a lifeline to stave off bankruptcy. Shares traded below a dime.The Wall Street Journal - Business -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - World -
Masimo May Look at Joint Venture for Consumer Split, CEO Says
The medical-device maker has been approached by a potential joint venture partner, CEO Joe Kiani said.The Wall Street Journal - Business -
Larian CEO Says It's Not Wizards Of The Coast's Fault It's Not Making Baldur's Gate 4
Last week the head of Larian Studios, Swen Vincke, revealed that the studio would not be making a sequel to wildly popular RPG Baldur's Gate 3, and would also not create any DLC for the award-winning game. In response to rumors cropping up about ...GameSpot - Tech -
AMC CEO says first part of 2024 ‘a slog to wade through’
AMC Entertainment Holdings Inc. CEO Adam Aron says that the first part of 2024 will be “a slog” for the movie theater chain and original meme stock, citing the ongoing impact of last year’s Hollywood writers’ and actors’ strikes.MarketWatch - Business -
America's retirement age of 65 is "crazy," BlackRock CEO says
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."CBS News - Top stories -
Norfolk Southern CEO says activist investor's responses to settlement are 'unreasonable'
Norfolk Southern faced criticism over the past year after one of its freight trains derailed in Ohio, releasing toxic chemicals into the soil, water and air.CNBC - Business -
China Rolls Out Welcome Mat for U.S. CEOs as It Nods to Its Economic Problems
Premier Li Qiang acknowledged foreign executives’ concerns as Beijing staged its annual business forum attended by the top executives of Apple, Qualcomm and Micron.The Wall Street Journal - World - China -
Details of millions of UK voters accessed by Chinese state, ministers will say
Deputy prime minister Oliver Dowden to update MPs on cyber-attacks by Beijing, some of whom may also have been targets. The personal details of millions of voters are believed to have been accessed in an attack by China on Britain’s democratic ...The Guardian - World - United Kingdom -
U.S. Charges Alleged Chinese Hackers as U.K. Says Voter Files Accessed
The Biden administration targeted the alleged Chinese hackers while the British government accused Beijing of hacking the U.K.’s electoral register.The Wall Street Journal - World -
Tory MPs urge tougher action on China after cyber-attacks
Senior Tories say ministers not holding China to account after Beijing targeted elections watchdog and politicians. Tory MPs have urged ministers to take a tougher approach towards China after the security services confirmed Beijing-backed hackers ...The Guardian - World - China -
Cyber-attacks linked to Chinese spy agencies are increasing, say analysts
Warning comes after UK and US announce sanctions against Chinese companies following mass hacking of UK data. Cyber-attacks linked to Chinese intelligence agencies are increasing in capability and frequency as they seek to test foreign government ...The Guardian - World -
Solving the greatest mystery in aviation history
Ten years after a plane carrying 239 people vanished, can new evidence finally locate it?BBC News - Top stories -
BlackRock CEO Larry Fink says 65 retirement age is too low. Here's what experts say
As a record number of Americans will turn age 65 in the coming years, that is no longer the traditional retirement age.CNBC - Business -
The Biden administration hit alleged Chinese hackers with sanctions and criminal charges, while the U.K. accused Beijing of hacking its electoral register to steal voters' information.
The Biden administration hit alleged Chinese hackers with sanctions and criminal charges, while the U.K. accused Beijing of hacking its electoral register to steal voters’ information.The Wall Street Journal - World - Joe Biden -
Automakers Rerouting Shipments After Baltimore Bridge Collapse
The city’s port ranks first in the country for the volume of automobiles and light trucks it handles.The New York Times - Business -
Tired of AI doomsday tropes, Cohere CEO says his goal is technology that's 'additive to humanity'
Aidan Gomez can take some credit for the ‘T’ at the end of ChatGPTABC News - Tech -
Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.
Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as Discover’s tie-up with Capital One looms.MarketWatch - Business -
Chinese ‘state-affiliated’ organisations behind cyber-attacks on MPs and Electoral Commission, Dowden says – UK politics live
Deputy PM says international partners, including the US, will also be making statements today about similar Chinese cyber-attacks . Andrew Bowie, the energy minister, said the government should have revived investment in nuclear energy “years ago” ...The Guardian - World - United Kingdom -
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Rishi Sunak’s greatest liability is his deluded party
Tory MPs and aides need to recognise the rightward lurch that has occurred during his premiershipFinancial Times - Business -
Marvel Rivals - 'Rivals’ First Stand' | Official Announcement Trailer
Announcing Marvel Rivals, the Ultimate Super Hero Team-Based PVP Shooter!GameSpot - Tech