Monthly Archives: November 2022

China’s EV upstart Nio switches on power swap station in Sweden

Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on…

Marvel and Sony team up with Prime Video for multiple Spider-Man TV shows

Spectacular news, Spider-Fans! Marvel and Sony Pictures have joined forces with Amazon Studios to bring multiple Spider-Man TV shows to Prime Video. As reported by Variety, Amazon has ordered a number of live-action Spider-Man spin-off series, the first of which is Silk: Spider Society, which will continue to build out the Sony Spider-Man Universe (SSU)…

One of Wall Street’s toughest shops isn’t for the faint of heart. But the rewards are plenty for those who make it to the top.

TGIF! It’s Dan DeFrancesco in NYC. Cheers to the weekend and, hopefully, another New York Jets win on Sunday.  Today’s slate includes plenty more FTX drama (of course), a financial firm not named Blackstone getting into single-family rentals, and why watching the World Cup next week is actually good for your job.  But first, they say…

US inflation has peaked, a recession is coming, and the FTX fiasco has shaken faith in markets, Ken Griffin says. Here are the Citadel CEO’s 10 best quotes from a new interview.

Citadel CEO Ken Griffin. Mike Blake/Reuters Ken Griffin said US inflation has probably peaked, but the Fed needs to squash the threat entirely. Citadel’s billionaire CEO expects about 4.5% unemployment and a recession next year. Griffin warned the collapse of Sam Bankman-Fried’s FTX has shaken investors’ confidence in markets. US inflation has likely peaked, but…

Twitter employees flooded internal Slack channels with goodbye salute emojis and farewell messages as Musk’s ‘hardcore’ stay-or-go deadline passed

Elon Musk, Twitter’s new owner. Muhammed Selim Korkutata / Anadolu Agency Twitter staff flooded internal Slack channels with salute emojis Thursday as Musk’s stay-or-go deadline passed. Employees had until 5 p.m. ET Thursday to commit to Musk’s “hardcore” vision of be laid off. Fewer than half of Twitter employees have accepted Musk’s ultimatum, Insider reported….

Some Twitter staff hung up on Elon Musk as he tried to persuade them to stay during a last-minute video call

Elon Musk points, during a 2021 Tesla factory visit. Patrick Pleul/POOL/AFP via Getty Images) Elon Musk and his team were taken off guard by the number of staff who chose to take severance. With the workforce now 73% smaller than before his takeover, he tried to persuade key staff to stay. But as a deadline…