Tag: Companies

What could disrupt Amazon? Here’s a sneak peek at early survey results (David Moschella, SiliconANGLE)

The big five tech firms – Apple Inc., Google LLC, Amazon.com Inc., Microsoft Corp. and Facebook Inc., now Meta Platforms Inc. – often look...

91% of IT leaders affected by supply chain disruption: survey (Jonathan Greig, ZDNet)

A new survey of 400 IT decision-makers from Insight Enterprises found that 95% of IT decision-makers say the impact of the pandemic accelerated business transformation priorities. 91%...

IBM launches 127-qubit Eagle quantum processor, previews IBM Quantum System Two (Larry Dignan, ZDNet)

IBM announced a new 127-qubit processor called Eagle and previewed designs for IBM Quantum System Two, Big Blue's next-generation quantum system. The news, announced at...

5 Q’s for Laurent Martinot, CEO and Co-Founder of Sunrise (Christophe Carugati, Center for Data Innovation)

The Center for Data Innovation spoke with Laurent Martinot, CEO and co-founder of Sunrise, a Belgium company providing hardware and software monitoring sleep. Martinot discussed...

Walmart has started using driverless trucks for its online grocery business (Michelle Cheng, Quartz)

On a seven mile route between a distribution center and a Walmart store in Arkansas, the retail giant is now operating autonomous trucks without a...

Cleveland-Cliffs CEO: ‘Manufacturing Can Be Profitable, Steelmaking Can Be Profitable’ (Jill Jusko, IndustryWeek)

It’s impossible to miss the growth trajectory of Cleveland-Cliffs Inc. Since December 2019, the iron ore and steel producer has bought up AK Steel...

Kellogg Strike Stretches On as Union Rejects Offer and Company Sues for Intimidation (Ryan Secard, IndustryWeek)

More than a month into the BCTGM strike of Kellogg cereal plants in four states, the cereal company and bakery workers’ union appear to...

Lordstown Pushes Back Endurance Deliveries Timeline (Geert De Lombaerde, IndustryWeek)

Lordstown Motors Corp. executives have pushed back the timeline for the start of commercial production of their Endurance pickup truck and will hold off...

Johnson & Johnson Announces Plans to Split in Two (Agence France-Presse, IndustryWeek)

U.S. pharmaceutical giant Johnson & Johnson on Friday announced plans to break up, splitting its consumer health arm that sells Band-Aid and Tylenol from...

Schneider Electric to Build Three Plants, Hire 1,000+ (Geert De Lombaerde, IndustryWeek)

Executives with Schneider Electric on Nov. 10 said they plan to add three factories to their North American network, one of them in the...

Arrival Hammered After Lowering ’22 Forecasts (Geert De Lombaerde, IndustryWeek)

Shares of electric vehicle maker Arrival lost more than a quarter of their value Nov. 9 – wiping out about $3 billion in market...

Nissan Triples Profit Forecast Despite Chip Crunch (IndustryWeek)

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying...