By EDNA TARIGAN and ACHMAD IBRAHIM Associated Press JAKARTA, Indonesia (AP) — Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday. Widodo’s administration has worked for years to bring manufacturing to the country to power economic development, while Apple is seeking to
Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday
Canoo CEO's Private Jet Expenses Were Double The Company's Revenue For 2023 As we've been writing over the last year, saturation and competitive pricing are starting to prompt chaos and disorder in the EV space. EV startup Canoo is the latest to face scrutiny, after it was revealed that CEO Tony Aquila's private jet expenses totaled $1.7 million, twice the company's revenue for 2023. Despite reporting a loss of $302 million last year, Canoo paid for Aquila's lavish travel, which...
In his annual letter to shareholders, Jassy wrote that "Generative AI may be the largest technology transformation since the cloud – which itself, is still in the early stages – and perhaps since the internet."Read Entire Article
A Tesla founder and former chief executive said on Tuesday it was a shame to hear that the automaker was scrapping its low-cost car plans amid fierce competition in China. Martin Eberhard was speaking at the HSBC Global Investment Summit in Hong Kong. On Friday, Reuters reported that Tesla was cancelling its long-promised inexpensive car that investors had been counting on to drive growth. The decision represents an abandonment of a longstanding goal that Tesla chief Elon Musk has often...
Heya, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter recapping the noteworthy happenings in tech over the past several days (and change). Famed startup accelerator Y Combinator had its Demo Days, and the venture desk took it all in with an appropriately skeptical eye. You can read their day one and day two coverage, […] © 2024 TechCrunch. All rights reserved. For personal use only.
Boeing was basically “putting out defective airplanes,” quality engineer Sam Salehpour told a Senate subcommittee.
Goldman Sachs’ David Solomon says his company is ready to finance the AI revolution: “I actually think there’s a very, very constructive runway of opportunity.”
Binance's new CEO Richard Teng said the company has moved past cultural issues after the company was hit with a $4.3 billion fine to settle charges from the U.S. Justice Department.
Jelly Roll's wife Bunnie XO said in a video posted on TikTok Friday that his private jet made an emergency landing on the way to the 2024 CMT Music Awards in Austin, Texas, after it 'stopped mid-air.'
Trump Media CEO Devin Nunes said the parent company of the former president’s Truth Social platform is “well positioned” to turn profitable in response to recent criticism. Fox News host Maria Bartiromo asked Nunes on “Sunday Morning Futures” when he expects the company to turn profitable after recent regulatory filings showed Trump Media & Technology
Skybound Entertainment has kicked off a crowdfunding campaign to support