Disney's Mayer to become TikTok's new CEO

Source: Dukascopy Bank SA
Kevin Mayer, Walt Disney's top streaming executive, is set to leave the theme and entertainment parks giant, as he was appointed as TikTok's Chief Executive, both companies announced.
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Tue, 19 May 2020 09:38:47 GMT

Uber slashes 23% of its workforce

Uber Technologies has shifted its focus to its core ride-hailing and food delivery businesses, after cutting 23% of the company's workforce, seeking to become more profitable despite the crisis caused by the coronavirus pandemic.

Tue, 19 May 2020 06:47:44 GMT

Tesla's China vehicle registrations drop 64% mom in April

Tesla's China car registrations plunged as much as 64% to 4,633 units month-on-month in April from March's 12,709 reading, according to the data revealed by LMC Automotive.

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