2025 Lexus UX300h F SportImage: Lexus Lexus’s smallest crossover, the UX, might get ignored by some because it’s been a bit down on power since its introduction. While the brand made moves to remedy this by making the UX’s sole powertrain option a 181 horsepower hybrid setup for 2023, prior to that buyers could choose … Read more
A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. Spencer Platt | Getty Images The electric scooter company Bird, once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal … Read more
Activision Blizzard CEO Bobby Kotick speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Activision Blizzard CEO Bobby Kotick will step down from his role as head of the video game company on Dec. 29, according to an internal memo from Microsoft Gaming CEO Phil Spencer Wednesday. The leadership … Read more
George Kurtz, co-founder and chief executive officer of Crowdstrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco, California, US, on Wednesday, April 26, 2023. David Paul Morris | Bloomberg | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock … Read more
Airbnb Chief Financial Officer Dave Stephenson will transition into a newly created chief business officer role at the company. Airbnb Chief Financial Officer Dave Stephenson, who helped guide the company through Covid-19 tumult and an initial public offering, will transition into a newly created chief business officer role, Airbnb CEO Brian Chesky said in a … Read more
Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon is making a fresh appeal to China-based sellers as it fends off growing competition from discount online retailers Temu and Shein, which both have … Read more
Image: Polestar Just over 10 percent of Canadian new car buyers this year chose to buy a battery electric or plug-in hybrid electric vehicle. According to CTV, the exact number is 10.3 percent. The Canadian market is relatively small, as the massive frigid country is expected to purchase around 1.63 million new cars, trucks, and … Read more
A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Spencer Platt | Getty Images The Federal Trade Commission proposed to bar Rite Aid from using facial recognition software in its drugstores for five years to settle allegations it improperly used the technology to identify shoplifters, the agency said Tuesday. … Read more
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one of … Read more
The Nio ET7 is already one of the highest-range electric vehicles available globally, with its 100-kWh battery pack option giving the large Chinese sedan a range of 435 miles on the European NEDC cycle (which is more optimistic than the EPA cycle). Now the ET7 is offered with a huge 150-kWh semi-solid-state battery pack, and … Read more
