companies

GM Accounts Go Silent on Twitter in Wake of Musk Ownership

Photo: Bill Pugliano (GettyImages) It has now been over a month since Tesla CEO Elon Musk officially took ownership of Twitter. The move caused a number of automakers to stop advertising on the social media platform, but one has taken it a step further. General Motors brands and its CEO seem to have stopped tweeting …

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Tesla delivers its first electric Semi trucks promising 500 miles of range

CNN Business — Tesla made the first deliveries of its Semi truck to customers Thursday evening, five years after the heavy-duty hauler was first unveiled. The event included two truck cabs decked out in the livery of Pepsi and Frito-Lay, PepsiCo’s snack foods subsidiary. The Tesla Semi was first shown as a prototype in 2017. …

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Pepsi wants you to drink soda mixed with milk this holiday season

New York CNN Business — ‘Tis the season to mix milk into your soda. According to Pepsi, anyway. Pepsi launched a campaign Thursday encouraging customers to try the combination and use the hashtag #PilkandCookies (as in Pepsi plus milk) to showcase their Santa-friendly concoctions. Those who participate in the online challenge running through Christmas Day …

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China’s Zhengzhou, home to the world’s largest iPhone factory, ends Covid lockdown

Hong Kong CNN Business — The central Chinese city of Zhengzhou, home to the world’s largest iPhone factory, has lifted a five-day Covid lockdown, in a move that analysts have called a much-needed relief for Apple and its main supplier Foxconn. Zhengzhou is the site of “iPhone City,” a sprawling manufacturing campus owned by Taiwanese …

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China’s Zhengzhou, home to the world’s largest iPhone factory, ends Covid lockdown

Hong Kong CNN Business — The central Chinese city of Zhengzhou, home to the world’s largest iPhone factory, has lifted a five-day Covid lockdown, in a move that analysts have called a much-needed relief for Apple and its main supplier Foxconn. Zhengzhou is the site of “iPhone City,” a sprawling manufacturing campus owned by Taiwanese …

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Twitter is less safe due to Elon Musk’s management style, says former top official

CNN Business — Twitter owner Elon Musk’s dictatorial management style risks leading the company headlong into unforced business blunders, content moderation disasters and the degradation of core platform features that help keep vulnerable users safe, according to a former top Twitter official who led the company’s content moderation before abruptly resigning. this month. The social …

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Kroger and Albertsons want to create a grocery empire. The last supermarket mega-merger backfired

New York CNN Business — When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly $25 billion, she thought, “here we go again.” Martinez lost her job as a pharmacy technician in the aftermath of a prior supermarket mega-merger: Albertsons’ $9 billion tie-up with Safeway in …

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Bank of America CEO predicts two years of pain ahead in the housing market

New York CNN Business — The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But he’s also hopeful that the likely recession will be brief and “mild.” Bank of America (BAC) CEO Brian Moynihan said in an exclusive interview with Poppy Harlow on “CNN This Morning” Tuesday …

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