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Why Automobile Manufacturers are Driving for Data
By Felix Hooper |
Daimler, the world’s third largest car firm by revenue and parent company of Mercedes, recently announced plans to replace its network of software suppliers with in-house employees. This major restructuring strategy is aimed at cutting personnel costs by 1.6 billion USD, according to Bloomberg, and regaining control over the data which Daimler’s fleet of connected…
Read More How Nikola’s Fraudulent History was Overlooked
By Felix Hooper |
It was announced on November 30th that General Motors (GM) was suspending its investment within electric vehicle manufacturer Nikola Corporation meaning plans to build the new electric pick-up truck in return for a stake in Nikola look increasingly unlikely. Over the past few months, accusations of fraud against Nikola and its founder, Trevor Milton, have…
Read More Glencore poised to become the green-standard for natural resources
By Felix Hooper |
Glencore emerged back into the limelight in December 2020 after announcing that Gary Nagle will succeed long-time chief executive Ivan Glasenberg in early 2021. The imminent change is likely to trigger a board reshuffle as investors anticipate an intensification of Glencore’s commitments to decarbonisation in an attempt to establish itself as a global pioneer for…
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