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The national railways are also involved. In September, the German transport minister, Volker Wissing, vowed to free up 40 billion euros, about $43.6 billion, to revitalize the country’s rail network. “The rail infrastructure has been neglected for decades and brought…
Instagram has cut 60 technical program manager positions, eliminating a layer of management at the company, according to a new report from The Information. The impacted employees have two months to apply for other jobs at the company. After the…
It was almost the night before Christmas, and the house was winning. Its creatures were stirring in the secondhand smoke. A man in a knit Santa hat belly-laughed outside the Bellagio, a cigarette in one hand and a Modelo tallboy…
A slew of consumer tech and companies focused on consumer packaged goods (CPG) have gobbled up venture capital in the past year. Keychain, Harmonya, Highlight, Ramani, SupplyPike, Vividly and Turing Labs, just to name a few, captured investor attention for…
The horror story goes something like this: A family returns from a trip abroad, and the glow from the vacation has barely begun to fade when a cellphone bill with hundreds — or even thousands — of dollars in international…
More than 100 companies are getting ready to list on Nasdaq after filing confidentially with the SEC, Nasdaq’s CEO Adena Friedman told investing publication Barron’s. Barron’s called Friedman’s comment “startling,” and we have to agree with that description. If that…
The two midsize variants of the plane, the Max 8 and Max 9, have been flying since then. But the smallest, the Max 7, and the largest, the Max 10, have yet to be approved by regulators. The Max is…
If CES is anything to go by, 2024 is shaping up to be a great year for makers and hobbyists. I loved taking a closer look at Rownd, but it was not even close to the only light-manufacturing company showing…
Two days after a chunk of the fuselage blew out of one of the planes, the F.A.A. and the aircraft maker are still negotiating what to tell the airlines to do. Source link
It’s a precautionary tale for how to assess new markets — and how not to introduce a new product Hertz made a splash in 2021 when it announced that it would buy 100,000 Tesla Model 3 sedans in a little…
