ford is making a U-turn in its electric car strategy, writing off $19.5 billion and discontinuing several electric models. The US car manufacturer announced this on Monday. Investors reacted calmly to the radical shift in strategy: the company’s shares were recently slightly higher. The write-downs of almost $20 billion are among the largest write-downs ever… Continue reading German Manager Magazine: Ford: Group completes 180-degree turnaround and writes off $19.5 billion004598
Tag: People
German Manager Magazine: Ford: Traditional US company cancels electric models and writes off billions of dollars004597
ford is making a U-turn in its electric car strategy, writing off $19.5 billion and discontinuing several electric models. “Instead of spending billions more on big electric cars that no longer have a path to profitability, we’re investing that money in areas with higher returns,” said Andrew Frick, head of Ford’s combustion engine and electric… Continue reading German Manager Magazine: Ford: Traditional US company cancels electric models and writes off billions of dollars004597
German Manager Magazine: Car equipment: Smart parking, seat heating, etc. could soon only be available via subscription004597
Shaking hands, handing over the keys, the customer drives out of the yard in his new car – and was never seen again. This scenario is the old normal for car manufacturers: one-off sale, then radio silence until the next TÜV inspection. Enlarge image “One of the most important growth areas in the automotive industry”:… Continue reading German Manager Magazine: Car equipment: Smart parking, seat heating, etc. could soon only be available via subscription004597
Hueman People Solutions Appoints Scotty Kinn as Chief Sales Officer to Drive Growth in RPO and Talent Solutions
JACKSONVILLE, Fla., Dec. 16, 2025 /PRNewswire/ — Hueman People Solutions today announced the appointment of Scotty Kinn as Chief Sales Officer. Kinn will lead Hueman’s strategic solutions across recruitment process outsourcing and professional recruitment. Kinn is a seasoned RPO and talent solutions executive with a record of building high-performing commercial organizations, launching new offerings, and strengthening… Continue reading Hueman People Solutions Appoints Scotty Kinn as Chief Sales Officer to Drive Growth in RPO and Talent Solutions
Kick the Nic in 2026: American Lung Association Offers Support to Help People Quit All Nicotine and Tobacco Products for Good
The American Lung Association encourages people who use tobacco and nicotine products to make a resolution to quit in 2026, provides free resources CHICAGO, Dec. 16, 2025 /PRNewswire/ — Currently, 16.4% of adults in the U.S. use at least one tobacco or nicotine product such as cigarettes, e-cigarettes or nicotine pouches. Nicotine is extremely addictive, so… Continue reading Kick the Nic in 2026: American Lung Association Offers Support to Help People Quit All Nicotine and Tobacco Products for Good
OpenInfra Foundation Announces Viettel as Newest Platinum Member, Advancing Open Source Cloud Infrastructure Across Vietnam and Southeast Asia
As the first OpenInfra Platinum Member in Vietnam, Viettel strengthens its commitment to open source innovation with this increased investment, expanding its leadership in secure, sovereign cloud services built on OpenStack. AUSTIN, Texas, Dec. 16, 2025 /PRNewswire/ — The OpenInfra Foundation today announced that Viettel, Vietnam’s largest telecommunications and technology group, has joined the foundation as… Continue reading OpenInfra Foundation Announces Viettel as Newest Platinum Member, Advancing Open Source Cloud Infrastructure Across Vietnam and Southeast Asia
Elbit Systems’ PULS Rocket Artillery System Selected by the Hellenic Armed Forces
HAIFA, Israel, Dec. 16, 2025 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was notified that the Hellenic Parliament and KYSEA (Government Council for National Security) have approved a budget for the purchase of the Company’s PULS rocket artillery system for the Hellenic Armed Forces. Considering the… Continue reading Elbit Systems’ PULS Rocket Artillery System Selected by the Hellenic Armed Forces
Zephyrus Innovations™ announces US FDA 510(k) clearance for VaporShield™ CSTD
VaporShield ™ is the World’s first direct injection CSTD for subcutaneous and intramuscular administration VaporShield is an end-to-end closed system which prevents splattering, spraying and aerosolization of drugs VaporShield offers single system simplicity and integrates auto-retractable needlestick injury prevention Ultra-low dead space allows more accurate patient dosing and reduces drug wastage. VANCOUVER, BC, Dec. 16, 2025 /PRNewswire/ — … Continue reading Zephyrus Innovations™ announces US FDA 510(k) clearance for VaporShield™ CSTD
Aspire Enters Europe with EU EMI License and New Netherlands Hub
SINGAPORE and AMSTERDAM, Dec. 16, 2025 /PRNewswire/ — Aspire, the Singapore-headquartered global fintech, today announced it has secured its Electronic Money Institution (EMI) license, laying the foundation for its Dutch operations, and official entry into the European Union. The approval marks a major milestone in Aspire’s global expansion, unlocking pan-European coverage for clients and enabling the… Continue reading Aspire Enters Europe with EU EMI License and New Netherlands Hub
AI+AR Leads a New Chapter in Human-Computer Interaction
MACAO, Dec. 16, 2025 /PRNewswire/ — Driven by the rapid maturation of multimodal perception, spatial computing, micro-displays, and other technologies, AI glasses, as the next-generation human-computer interaction terminal, are transitioning from concept to large-scale commercialisation. IDC predicts that global shipments of AI glasses will exceed 10 million units in 2025, becoming the most promising new… Continue reading AI+AR Leads a New Chapter in Human-Computer Interaction