Snap says it will miss this quarter’s revenue goals and slow hiring

Snap CEO Evan Spiegel wrote in an internal memo that the company will miss its revenue goals for this quarter. Snap will also slow its pace of hiring, a tactic that companies like Meta and Uber have employed as a way to cut costs. Though Snap continues to grow year over year, Spiegel says the… Continue reading Snap says it will miss this quarter’s revenue goals and slow hiring

PenFed Foundation Raises Nearly $1.4 Million for Military Community and Announces Shashi Vohra as President

“The PenFed Foundation is proud to celebrate over 20 years of serving the brave men and women who defend our nation and the generosity and patriotism of our donors for supporting our military community,” said PenFed Credit Union President/CEO and PenFed Foundation CEO James Schenck. “We are thrilled to announce Shashi Vohra as president of the… Continue reading PenFed Foundation Raises Nearly $1.4 Million for Military Community and Announces Shashi Vohra as President

A Woman Alone in Oman: Three Weeks Along the Arabian Coast

I could barely tell where the salt ended and the sky began. I was on my way to Masirah, Oman’s largest island, when the surrounding terrain turned into a massive salt flat. At its edge, near the road, two Bangladeshi workers were up to their ankles in the mixture of liquid and minerals, pushing the… Continue reading A Woman Alone in Oman: Three Weeks Along the Arabian Coast

Coverage Set for NASA’s Boeing Orbital Flight Test-2 Return to Earth

WASHINGTON, May 23, 2022 /PRNewswire/ — NASA will provide live coverage of the upcoming return activities for the agency’s Boeing Orbital Flight Test-2 (OFT-2). As part of the uncrewed flight test, Boeing’s CST-100 Starliner spacecraft will depart from the International Space Station for a landing in the western United States. The spacecraft is scheduled to… Continue reading Coverage Set for NASA’s Boeing Orbital Flight Test-2 Return to Earth

German FAZ: “What did you feel when you killed my husband?”003395

The accused Russian soldier Vadim Shishimarin in the courthouse in Kyiv on Monday. Image: Reuters The first verdict since the beginning of the war has been passed in Ukraine, and a tank commander has been sentenced to life imprisonment. The convict claims he was pushed into action: “I didn’t want to kill.” The courtroom was… Continue reading German FAZ: “What did you feel when you killed my husband?”003395

magniX ernennt Nuno Taborda zum CEO

„Nuno ist eine Führungspersönlichkeit mit umfassender Erfahrung in allen Bereichen der Luftfahrtindustrie”, sagte Dominique Spragg, Chairman von magniX. „Seine unternehmerische Denkweise ist sehr wertvoll, da magniX weiterhin Pionierarbeit bei elektrischen Lösungen für die Zukunft des Fliegens leistet. Die Expertise und der Hintergrund, den Nuno in das Team einbringt, kommen für magniX zu einem entscheidenden Zeitpunkt,… Continue reading magniX ernennt Nuno Taborda zum CEO

Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE

Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor of the plan, putting to rest a year-long clash with Beijing over its U.S. stock market listing. In an extraordinary general meeting (EGM) held on Monday, 96.26% of shareholders who were present… Continue reading Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE

Auto Roundup: LEA’s Twin Buyouts, GPI’s Investor-Friendly Moves and More

Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for April 2022. The European Union (EU) passenger vehicle market contracted 20.6% in April to 684,506 units amid chip woes aggravated by the Russia-Ukraine war. Most of the countries in the EU witnessed a double-digit drop in registrations, including four key… Continue reading Auto Roundup: LEA’s Twin Buyouts, GPI’s Investor-Friendly Moves and More

TrueCar Honors Gold Star Family by Awarding Daughter with Brand New Vehicle Through DrivenToDrive Initiative

Elisabeth Nylander, 20, is the daughter of fallen service member, Air Force Captain Nathan Nylander, who lost his life in battle during the War in Afghanistan. To honor the sacrifices he made, Elisabeth was presented with a new Chevrolet Equinox at a wear blue event in Washington, D.C. earlier this month in an effort to… Continue reading TrueCar Honors Gold Star Family by Awarding Daughter with Brand New Vehicle Through DrivenToDrive Initiative

India set to be leader in green hydrogen: Puri

Hardeep Puri (File photo) DAVOS: India is more conscious of going for green energy than any other country in the world, union petroleum and natural gas minister Hardeep Singh Puri said on Monday. He said special emphasis is being given on green hydrogen, biofuel blending and exploration and production of biofuel from alternative sources. Puri… Continue reading India set to be leader in green hydrogen: Puri