Categories
Biden shifts

Biden shifts strategy as Domestic vaccination rate continues to slow

Pandemic pivot — Vaccinations have been steadily declining since mid-April. Beth Mole – May 4, 2021 10:18 pm UTC Enlarge / US President Joe Biden speaks in the State Dining Room of the White House in Washington, DC, on Tuesday, May 4, 2021. By July 4—two months from today—the Biden administration wants to have 70…

Categories
major shifts

In a year of major shifts, the self-driving car market is consolidating

Join Transform 2021 this July 12-16. Register for the AI event of the year. News broke this week that Woven Planet, a Toyota subsidiary, will acquire Level 5, Lyft’s self-driving unit, for $550 million. The transaction, which is expected to close in Q3 2021, includes $200 million paid upfront and $350 million over a five-year period.…

Categories
shifts Workers

Best Buy lays off 5,000 workers as it changes focus to internet revenue

The pandemic has accelerated Best Buy’s transition to selling online.