Toyota’s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company’s Lexus and Gazoo Racing divisions. But Toyoda isn’t going far. The 66-year-old isn’t retiring outright, but instead retiring to the boardroom, where he’ll take over…
Elon Musk has already inscribed his name in automotive history. He will no doubt be known as the one who pushed and encouraged the world to adopt electric vehicles with his company Tesla as part of his mission to achieve and use sustainable energy. The history of the automobile will also remember that he completely…
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. The adoption of product-led growth is changing how B2B companies conduct their business and leading some of them to reorganize their teams. What…
© Reuters. FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/David D By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors on Friday asked…
© Reuters. FILE PHOTO: U.S. Senator Mike Lee (R-UT) calls for the rescinding of the COVID-19 mandate for U.S. military during a press conference about the National Defense Authorization Act, on Capitol Hill in Washington, U.S., December 7, 2022. REUTERS/Evelyn Hocks By David Morgan WASHINGTON (Reuters) – Two dozen U.S. Senate Republicans warned Democratic President…
© Reuters. FILE PHOTO: The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) -Credit ratings agency S&P on Friday cut Hungary’s long- and short-term foreign and local currency ratings to ‘BBB-/A-3’ from ‘BBB/A-2’, citing persistently high inflation and external…
Share to FacebookShare to TwitterShare to LinkedinFormer FTX chief executive Sam Bankman-Fried leaves Manhattan federal court, New York, January 3, 2023. (Photo by Ed JONES / AFP) AFP via Getty Images Add Google, Meta, TikTok, Twitter and Apple to the list of companies owed money by the ill-starred crypto exchange FTX in the aftermath of…
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To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Did you know you can buy 3D printed key caps to replace, say, your escape key with a cat? Today, that’s our delightful little morsel of whimsy, courtesy of Frederic’s review of…
Five things you need to know before the market opens on Friday January 27: 1. — Stocks Futures Slip Lower With Earnings, Inflation In FocusU.S. equity futures edged lower Friday, with tech leading declines, as investors expect a grim quarterly update from Intel to at least temporarily blunt market optimism following a firm rally yesterday…
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