Rana el Kaliouby co-founded A.I. startup Affectiva in 2009. But it wasn’t until 2016 that she gathered up the courage to say she wanted to be the company’s chief executive, despite the fact that she was already handing many CEO-level responsibilities. Affectiva, which aims to “humanize technology” by teaching machines to interface human emotions, sprung…
Tesla is engaging in a significant cost-cutting effort that has affected employee work schedules and the supply of some small parts used to make vehicles, CNBC reports. CNBC describes three cost-reduction measures that Tesla has not made public: Asking employees to work remotely and keep travel to a minimum. Telling hourly employees at the Gigafactory…
THE FIRST big overhaul for Facebook came in 2012-14. Internet users were carrying out ever more tasks on smartphones rather than desktop or laptop computers. Mark Zuckerberg opted to follow them, concentrating on Facebook’s mobile app ahead of its website, and buying up two fast-growing communication apps, WhatsApp and Instagram. It worked. Facebook increased its…
The value of China’s currency, which is determined partly by the market and partly by the government, weakened against the dollar last year, blunting the effect of Mr. Trump’s tariffs by making Chinese goods even cheaper. The currency began rising again in the fall, as President Xi Jinping of China met Mr. Trump in Argentina…
Facebook hasn’t had such good headlines for a while. It’s “pivoting to privacy!” Say hello to a “‘privacy-focused’ Facebook! No, and no. What Mark Zuckerberg describes in his “privacy-focused vision for social networking” Facebook post yesterday is in many ways not pro-privacy at all. That’s not to say Facebook isn’t moving towards a limited kind…
Facebook plans to move to encrypted, auto-deleting messages on its services by default as part of a broader strategic shift — even if the changes means some countries decide to ban its service. In a 3,000 word blog post published on Wednesday on Facebook, CEO Mark Zuckerberg said that the company wants to focus on…
AFTER 108 DAYS in detention, Carlos Ghosn, the former chairman of Nissan, was this week granted bail by a Tokyo court while he awaits trial on charges of financial misconduct. In Japan Mr Ghosn was once a business megastar for having rescued the giant carmaker from bankruptcy in the late 1990s. He was the hero…
There simply was not much interest in Autostrade, scholars say, largely because the regulatory framework looked daunting. The Ministry of Infrastructure and Transport had clear control over both inspections and toll rates. At least on paper. “Any investor would have been worried about bidding,” said Carlo Scarpa, a professor of economics at the University of…
• Equal pay FTW. Back in 2017, the Trump administration stopped a planned Obama-era rule that would have required companies to submit data on worker pay by race, ethnicity, and gender. The move was part of a larger effort to roll back the progressive policies of the previous president, and it garnered perhaps outsize attention because…
Markets Insider General Electric CEO Lawrence Culp said Tuesday that he sees the company having negative industrial free cash flow this year as a result of its underperforming power unit. GE shares were under pressure in 2018, losing more than half their value. To reorganize its business, GE has sped up efforts to reduce debt…
