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27.04.26 - 01:12
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Ford Denies Talks With Geely About Bringing Chinese Car Tech To U.S. (ZeroHedge)
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Ford Denies Talks With Geely About Bringing Chinese Car Tech To U.S.
On Friday, a report crossed the wire that Ford and Geely had been in discussions about collaborating more closely, including whether their developing European partnership could expand into the U.S. market, according to the Wall Street Journal.
Ford denied the claims, which stated that one idea involved Ford using Geely's vehicle technology domestically. The talks had reportedly cooled, with both sides shifting attention back to Europe, where they are considering sharing production capacity and technical resources.
Geely is motivated to enter the U.S., a lucrative but tightly restricted market for Chinese automakers. High tariffs, bans on Chinese-connected vehicle software, and political resistance from U.S. industry and lawmakers all make entry difficult.
Ford itself has signaled caution, with leadership stressing the importance of protecting American jobs and competitiveness. A company spokesman reinforced that stance, s...
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24.04.26 - 20:31
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Meta, Microsoft Cuts Could Hit 23,000 Jobs (Bloomberg)
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Meta and Microsoft are planning layoffs or announcing buyouts that could affect as many as 23,000 jobs as they pivot spending to artificial intelligence. Bloomberg's Brody Ford and Riley Griffin join Ed Ludlow on “Bloomberg Tech” to break down the wider impact the cuts could have on the tech workforce. (Source: Bloomberg)...
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