Alibaba plans its biggest restructuring ever, reorganizing its businesses into six independent entities and moving all operational decisions to each unit's CEO
announced a day after co-founder Jack Ma returned to mainland China after almost a year overseas. @hwclarence @raffaelehuang https://www.wsj.com/... Paul Page / @paulpage : Alibaba...
Alibaba plans to reorganize its businesses into six independent entities and devolve operational decisions to each unit's CEO, in its biggest restructuring ever
Alibaba Group Holding will overhaul its sprawling operations, as China's largest technology conglomerate undertakes …
Whirlpool and LG say only around 50% of their smart appliances remain internet connected after purchase, hindering efforts to sell parts and subscriptions
Isabelle Bousquette / Wall Street Journal :
A look at the safety and economics of autonomous trucks as Aurora and TuSimple say they plan to have commercial-trucking services in the US by the end of 2023
Insider Intelligence: Amazon has the largest market share of US e-commerce at ~39%, but it grew by just 0.2% in 2021 and 2022 so far, the slowest rate in years
Tech giant remains nation's leading online retailer, but signs of weakness have emerged recently
Gartner: global chip makers are projected to spend $146B this year, about 50% higher than before the pandemic and double the amount five years ago
Samsung's $17 billion bet on Texas mirrors large spending increases in Asia and elsewhere — SEOUL—Investment in U.S. chip production is on the rise.
Gartner: global chip makers are projected to spend $146B this year, about 50% higher than before the pandemic and double the amount five years ago
Samsung's $17 billion bet on Texas mirrors large spending increases in Asia and elsewhere — SEOUL—Investment in U.S. chip production is on the rise.
NTSB head says Tesla shouldn't roll out its Full Self-Driving update with the city-driving tool before addressing safety deficiencies
Rebecca Elliott / Wall Street Journal :
Some residents worry the warehouse boom in PA's Lehigh Valley, driven by its proximity to NY and e-commerce, is putting long-term economic well-being at risk
Michael Corkery / New York Times : Tweets: @willwbloom , @nytimesbusiness , @hal_coi , @nytimes , and @paulpage Tweets: Baby Cheetah / @willwbloom : I hate the people treating my ...
Investigation details Amazon's campaigns over the years to steamroll rivals and partners, including those on its marketplace, sometimes with Bezos' involvement
Taulia, which facilitates payments between companies and their suppliers, raises $60M from China's Ping An, sources say at a valuation of about $400M
Julie Steinberg / Wall Street Journal :
Just Eat Takeaway's Grubhub acquisition rests on the belief that restaurants should handle delivery, offering an order platform while avoiding associated costs
Bid by Dutch giant Just Eat Takeaway would join two companies that have avoided building their own delivery fleets Tweets: @carnage4life and @paulpage Tweets: Dare Obasanjo / @carn...
Olympus is exiting the camera business after 84 years to focus on medical devices, and selling its camera unit to private equity firm Japan Industrial Partners
Under pressure from U.S. shareholder ValueAct Capital, Tokyo company to sell unit to private-equity firm Japan Industrial Partners
Current and recently fired Amazon warehouse workers say they faced retaliation as they advocated for better working conditions; Amazon denies charges
Sebastian Herrera / Wall Street Journal : Tweets: @dseetharaman and @paulpage Tweets: Deepa Seetharaman / @dseetharaman : The tech giant denies allegations by terminated workers t...
Amazon to hire 75,000 workers, on top of the 100,000 new positions from last month; third-party sellers can ship some “nonessential” items to Amazon this week
Tech giant's planned hiring of 175,000 workers to help it handle surge in orders during pandemic
Sources: US Commerce Department is proposing restrictions requiring foreign companies to obtain licenses in order to make chips for Huawei using US equipment
- The Commerce Department is considering requiring chip factories globally to obtain licenses if they want to use American equipment … Source: Wall Street Journal .
As unionized dockworkers protest automation in LA ports, truckers welcome the port robots which reduce unpaid time they spend waiting for the cargo to load
Day after day, Walter Diaz, an immigrant truck driver from El Salvador, steers his 18-wheeler toward the giant ports of Los Angeles and Long Beach. Tweets: @margotroosevelt , @lati...