Massive tech layoffs are spawning a new wave of startups Early-stage venture capital funding at record highs Echoes of the dotcom crash that fueled Facebook and others Jan 3 (Reuters) – Nic Szerman lost his job at Meta Platforms (META.O) in November, just two months after joining full-time, victim of a drastic 13% cut in …
Startups rise from the ashes of the Big Tech purge Read More »
SHANGHAI/SAN FRANCISCO, Dec 21 (Reuters) – Chinese Tesla Inc (TSLA.O) chief Tom Zhu and a team of his reports have been brought in to resolve production issues in the United States, fueling talks between colleagues for whom he is prepared for a bigger role at a time when chief executive Elon Musk has been distracted …
Tesla sends Shanghai boss and his aides to revive US production Read More »
BP sees rapid growth in low-carbon hydrogen Fuel to qualify for government subsidies CEO Looney to announce hydrogen production targets BP plans major hydrogen project at refinery in Whiting, Indiana LONDON, Dec 5 (Reuters) – BP Chief Executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as governments in major economies pile …
