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Last updated: 2020-09-23 23:18:00 +00:00
Google to try 'hybrid' work-from-home model According to a recent survey on employee office preferences released by the company this week: 62% of Google employees want to return to the office at a certain point in time, but not every day. Therefore, Google is studying a "hybrid" office model, including re-arranging offices, and exploring more long-term implementation of remote work programs. Alphabet CEO Sundar Pichai said that Google's future will become more flexible, and he also believes that the company needs to create more flexibility and more mixed working models so that employees can better engage in work.
Last updated 16 hours ago
   
Tesla Eliminated 4 Weaknesses In 1 Year Yesterday was a very big day for Tesla ! Well, somewhat more importantly, it was Battery Day. But Tesla is up to much more than batteries. Wilhelm Graupner, Executive Director of Business Strategy, Sales & Marketing at AVL Northern Europe, shared a quick analysis of a one-year-old Tesla SWOT video and pointed out that Tesla has eliminated four of the identified weaknesses in that video in the past year. 1. Tesla’s Move From Burning Cash To Profitability In the past year, Tesla’s had four consecutive profitable quarters, which is a key qualifier for inclusion in the S&P 500. 2. Model 3 Line “Over Automated” In 2018, many headlines accused Tesla of harming itself by over-automating. Analysts at Bernstein, Toni Sacconaghi and Max Warburton, shared their thoughts about that, fueling the headlines. Looking back now, not only did Tesla recover from that “injury,” but the company isn’t just standing tall — it’s moving ahead faster and faster. 3. Missed Model 3 Output In 2018, Tesla was struggling to meet its output goals. During the first quarter of 2018, Tesla produced almost 35,000 vehicles — 9,766 were Model 3s. However, when Elon Musk took over the Model 3 production process and made some major changes, things started improving. In 2019, Tesla’s Model 3 was the world’s best selling electric vehicle for the second consecutive year, with just over 300,000 units delivered, which represented a full 14% of the world EV market. 4. Is Tesla Able to Scale? From the perspective of 2020, the answer to that is a resounding “duh” — of course it can! 2018 was a tough year for Tesla, in general, but that year also greatly strengthened the company’s ability to scale, and the company as a whole, allowing it to become what it is today, a much stronger company a mere two years later.
Last updated 16 hours ago
   
Tesla Sues to Block Trump Tariffs on Imports From China Tesla Inc. sued to block the Trump Administration from collecting tariffs on parts the electric carmaker imports from China. Tesla filed the suit Monday in the U.S. Court of International Trade in New York, seeking an order declaring the duties unlawful and a refund, with interest, of amounts it has already paid. The company is challenging actions by U.S. Trade Representative Robert Lighthizer, who is named as a defendant in the case.
Last updated 16 hours ago
   
Chevron Asks Global Employees to Delete WeChat After Trump Ban Chevron Corp. has asked its global employees to remove Tencent Holdings Ltd.’s WeChat from their work phones, making it one of the first U.S. companies to heed the Trump administration’s executive order banning the Chinese social app on alleged national security risks. The American oil giant identified WeChat as a “non-compliant application” in a staff email, asking those who installed the app on their work handsets to delete it within days -- or they will be disconnected from the company’s network, according to the memo viewed by Bloomberg News. A Chevron representative declined to comment and a Tencent spokesperson didn’t immediately respond to a request for comment.
Last updated 17 hours ago
   
TikTok Owner Asks U.S. Court to Temporarily Block Trump Ban TikTok’s owner asked a federal judge to temporarily block the Trump administration from removing the viral video-sharing network from U.S. app stores. ByteDance asked for a court hearing before the rules take effect at 11:59 p.m. on Sept. 27 and proposed that both sides file additional briefs this week. The Commerce Department didn’t immediately respond to a request for comment.
Last updated 17 hours ago
   
Newsom orders 2035 phaseout of gas-powered vehicles, calls for fracking ban Emphasizing that California must stay at the forefront of the fight against climate change, Gov. Gavin Newsom on Wednesday issued an executive order to restrict new car sales in the state to only zero-emission vehicles by 2035 and threw his support behind a ban on the controversial use of hydraulic fracturing by oil companies. Under Newsom’s order, the California Air Resources Board would implement the phaseout of new gas-powered cars and light trucks and also require medium and heavy-duty trucks to be zero-emission by 2045 where possible. California would be the first state in the nation to mandate 100% zero-emission vehicles, though 15 countries already have committed to phasing out gas-powered cars.
Last updated 17 hours ago
   
news pictureDHS resumes "public charge" wealth test for green card applicants The Trump administration will reimpose a new wealth and health "public charge" test for green card applicants in the U.S., after the rule was previously blocked by a court injunction in July because of the coronavirus, according to the U.S. Citizenship and Immigration Services website. Why it matters: The rule could have a drastic impact on the half million or so immigrants in the U.S. who receive green cards — the first step to citizenship — each year. 69% of recent green card recipients had at least one negative public charge factor, according to the Migration Policy Institute. Anyone in the U.S. who applied, but has not yet been approved for a green card through DHS on or after Feb. 24 will have to prove they are not likely to rely on certain government benefits in the future. Under the new rule, factors that could potentially hurt an immigrant's chances at a green card include: 1. Not having an income. That means some middle-income families would be hit, since $58,300 a year for a family of five is considered a middle-level income, according to the Pew Research Center. 2. Being older than 61 or younger than 18. 3. Having medical issues, especially if uninsured. 4. Not having private health insurance. 5. Not being a full-time student or employed. 6. Not speaking English proficiently. 7. Having a mortgage, car loan or credit card debt.
Last updated 17 hours ago
   
University of California system improperly admitted dozens of students, audit finds (Reuters) - The University of California system unfairly admitted 64 “noncompetitive” students between 2013 and 2019, the California state auditor said in a report released on Tuesday that echoed a 2019 college admissions scandal involving at least eight schools across the country. The audit determined that 22 students had been admitted as student athletes without full qualifications, while another 42 students had been admitted at Berkeley largely because of family connections or donations. In a statement emailed to Reuters, University of California President Michael V. Drake said he took the auditor’s findings “very seriously” and the university would “swiftly address” concerns raised by the report and discipline individuals involved.
Last updated 2 days ago
   
Pandemic forces Nobel Foundation to cancel live prize ceremony The winners of this year’s Nobel Prizes will not get their medals and diplomas presented to them at Stockholm’s concert hall as usual due to the coronavirus pandemic, the award organisers said on Tuesday. The prizes, due to be announced next month, will instead be handed out during a televised ceremony in December with laureates receiving their awards in their own countries. The Nobel Foundation had already cancelled the glittering banquet which marks the end of the annual festivities in December. It was the first time since 1956 that the banquet had been cancelled.
Last updated 2 days ago
   
The UK takes new measures to prevent the second wave of coronavirus spread, but Trump said the U.S. will not do this and will continue to open up The number of coronavirus cases in the UK has surged recently. British Prime Minister Boris Johnson said that the country is now at a “dangerous turning point” and he must act now to stop the spread of the coronavirus. Once again informed that people in the UK can work from home as much as possible, the new measures also include: bars and restaurants will be closed earlier, which may last for 6 months. After several weeks of decline, the number of cases in the U.S. has also begun to show an upward trend. More than half of the states have reported an increase in the number of coronavirus cases. However, some health experts say it is too early to judge whether the upward trend will continue. But Trump has always reiterated that the country will not enter a “closed” state after the coronavirus epidemic reappears, and said that the closed state will bring more harm to everyone. Although the president called for the removal of restrictions on residents and the reopening of the country’s economy. But the federal government largely left the decision to impose restrictions on businesses and gatherings to state leaders.
Last updated 2 days ago
   

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