The founders of the company will continue to run the business and keep part of the shareholders, says this economic newspaper. The objective now is to make it grow in other international markets such as the USA and Asia in an organic way.
The coronavirus pandemic continues to wreak havoc on Uber, AirBnB, and other technologies. After announcing a 14% cut in its workforce two weeks ago, the company will lay off another 3,000 workers. According to The Wall Street Journal, Uber sent an email to his employees advising them of the decision.
Airbnb, like many other companies, has begun to suffer the consequences of the coronavirus pandemic. Airbnb will change its priorities and will dispense with all those services not related to housing rentals.
Moovit will become part of Intel as an independent subsidiary, allowing it to continue to operate its core business for users. It will also integrate its technology into Mobileeye.
Tesla shares have fallen more than 13% just minutes after Elon Musk, the company's CEO, posted on Twitter that "the price is too high". It is reminiscent of the 2018 debacle that ended up costing a lawsuit with the Securities and Exchange Commission (SEC) and a $40 million fine.
Today's technology has evolved so much that both the software and the tools we use online every day do not require many resources. A 5-year-old laptop can be perfectly valid for work these days and that is why the demand for circular technology products has soared in the last eight weeks