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Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts - techcrunch

Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts

Arvind Krishna is not the only CEO to step into a new job this week, but he is the only one charged with helping turn around one of the world’s most iconic companies. Adding to the degree of difficulty, he took the role in the midst of a global pandemic and economic crisis. No pressure […]
techcrunch - 30 minutes ago
Altman and others want to crowdfund 1 billion masks in the next 180 days - techcrunch

Altman and others want to crowdfund 1 billion masks in the next 180 days

Sam Altman, former president of Y Combinator and CEO of OpenAI, tweeted out his goal to secure 1 billion masks in 180 days. The public just needs to crowdfund those masks, first. Altman, along with his brother Max Altman, an employee at Rippling, Radu Spineanu, the co-founder of Two Tap, Tinnei Pang, a designer at […]
techcrunch - 39 minutes ago
Tesla resurrects long-range RWD Model 3 for the Chinese market - techcrunch

Tesla resurrects long-range RWD Model 3 for the Chinese market

Tesla is now producing and selling the long-range rear-wheel drive version of its Model 3 electric vehicle at its Shanghai factory, a month after receiving approval from the Chinese government. The move might not be a milestone, but it’s notable because Tesla discontinued production of the long-range RWD Model 3 in the U.S. and now […]
techcrunch - 2 hours ago
Google starts highlighting virtual care options in Search and Maps - techcrunch

Google starts highlighting virtual care options in Search and Maps

The COVID-19 pandemic has put a spotlight on virtual care options as both doctors and patients try to reduce in-person visits for routine care as much as possible. Patients aren’t always aware of what’s available to them, though, so over the course of the next two weeks, Google will roll out new features in Search […]
techcrunch - 3 hours ago
Airbnb is buying trust during the COVID-19 travel slowdown - techcrunch

Airbnb is buying trust during the COVID-19 travel slowdown

Demand will return to the world travel market in time -- how much, no one knows -- and Airbnb wants to be a well-liked participant in the return to form.
techcrunch - 5 hours ago
Tips, tactics and cashflow strategies for startup survival during a crisis - techcrunch

Tips, tactics and cashflow strategies for startup survival during a crisis

We’re in unprecedented times and are likely at the beginning of a long journey back to normal  —  whatever the new "normal" turns out to be.
techcrunch - 5 hours ago
Amid unicorn layoffs, Boston startups reflect on the future - techcrunch

Amid unicorn layoffs, Boston startups reflect on the future

As domestic and global economies grapple with the COVID-19 era, its impact on startups is coming into focus: All will be impacted, many will suffer and some will close. Boston, a city that TechCrunch keeps tabs on, has seen a number of well-known startups struggle in recent weeks. Their misfortunes come quickly after companies in […]
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So many Fintech eggs in so many baskets

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The whole crew was present this week: Natasha, Danny and Alex, along with our intrepid producer Chris. And like the last few episodes it was good to have everyone around as there was so very much to get through. Even better there […]
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How to Stop Google Photos from Backing-up All Image Folders

Google Photos‘ cloud backup is a great feature; in fact, a life savior for people who often tend to lose their valuable pictures. However, the same gets annoying when it starts to back up things that you don’t want it to. Therefore, in this article, let’s see how to stop Google Photos from backing up […] The post How to Stop Google Photos from Backing-up All Image Folders appeared first on Gadgets To Use.
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Startups, VCs in India request ‘relief package’ from the government to fight coronavirus disruption - techcrunch

Startups, VCs in India request ‘relief package’ from the government to fight coronavirus disruption

More than six dozen startup founders, venture capitalists, and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their businesses face due to the coronavirus outbreak. In a joint letter to India’s Prime Minister Narendra Modi, startups requested the government to bankroll 50% of their […]
techcrunch - 9 hours ago
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WhatsApp Tips: How to Save WhatsApp Status Video and Photos

WhatsApp status was a feature launched back in 2017 and is a great feature to share something with all your contacts at once. You can put a lot of things in the status like pictures, videos and even links to YouTube videos. This WhatsApp status deletes itself after 24 hours so you can put more […] The post WhatsApp Tips: How to Save WhatsApp Status Video and Photos appeared first on Gadgets To Use.
gadgets to use - 11 hours ago
Apple iPhone 9 Leaks and Rumor Round-up: What We Know So Far - gadgets to use

Apple iPhone 9 Leaks and Rumor Round-up: What We Know So Far

As you’d acknowledge, the Apple iPhone 9 or iPhone SE 2020 is one of the most awaited smartphone launches of the year. Fortunately, there have been ample leaks floating around the web, giving us enough on what to expect with the device. Let’s have a brief look at the latest iPhone 9 leaks and rumors. […] The post Apple iPhone 9 Leaks and Rumor Round-up: What We Know So Far appeared first on Gadgets To Use.
gadgets to use - 13 hours ago
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It’s “bullshit” that VCs are open for business right now (but that could change in a month)

This afternoon, the law firm Fenwick & West hosted a virtual roundtable discussion with New York-based venture capitalists: Hadley Harris, a founding general partner with Eniac Ventures; Brad Svrluga, a cofounder and general partner of Primary Ventures; and Ellie Wheeler, a partner with Greylock. Each investor is experiencing the coronavirus-driven lockdown in unique and even […]
techcrunch - 19 hours ago
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After an extended quarantine, the next ISS crew arrives in orbit

Working from home is easy for some and difficult for others, but one place it’s downright impossible is the International Space Station. So pandemic or no pandemic, the latest crew had to get themselves up there. They’ve just had a successful launch and arrival, but only after a protracted quarantine period. To be clear, ISS […]
techcrunch - 21 hours ago
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Starship Technologies is sending its autonomous robots to more cities as demand for contactless delivery rises

Starship Technologies has launched a robot food delivery service in Tempe, Arizona, as part of the autonomous delivery startup’s expansion plans following a $40 million funding round announced last August. Starship Technologies, which launched in 2014 by Skype co-founders, Ahti Heinla and Janus Friis, has been ramping up commercial services in the past year, including […]
techcrunch - 22 hours ago
$75M weed giant Caliva ditches Eaze, launches delivery - techcrunch

$75M weed giant Caliva ditches Eaze, launches delivery

It’s a brutal time for marijuana startups. I’m hearing some are raising at 1/5th of their 2019 valuation amidst rampant competition, tall taxes, and slow legalization. The struggles for marijuana’s best-known startup, delivery service Eaze, continue as today it’s losing one of its top partners. $75 million-funded weed brand empire Caliva has dropped Eaze in […]
techcrunch - 23 hours ago
Free tool helps manufacturers map where COVID-19 impacts supply chain - techcrunch

Free tool helps manufacturers map where COVID-19 impacts supply chain

Assent Compliance, a company that helps large manufacturers like GE and Rolls Royce manage complex supply chains through an online data exchange, announced a new tool this week that lets any company, whether they’re a customer or not, upload bills of materials and see on a map where COVID-19 is having an impact on their […]
techcrunch - 23 hours ago
Seeqc raises $5M to help make quantum computing commercially viable - techcrunch

Seeqc raises $5M to help make quantum computing commercially viable

Seeqc, a startup that is part of a relatively new class of quantum computing companies that is looking at how to best use classical computing to manage quantum processors, today announced that it has raised $5 million from M Ventures, the strategic corporate venture capital arm of Merck, the German pharmaceutical giant. Merck will be […]
techcrunch - 23 hours ago
Facebook to supply free Portals to some care home residents under NHS scheme - techcrunch

Facebook to supply free Portals to some care home residents under NHS scheme

The UK government is pulling in tech firms to connect isolated residents and patients in care with family and friends via video call devices and services during the COVID-19 crisis. First to join is Facebook, which is supplying up to 2,050 of its Portal video-calling devices for free to hospitals, care homes and other settings […]
techcrunch - 1 day ago
NASA seeks miniature scientific payload concepts for robotic Moon rover scouts - techcrunch

NASA seeks miniature scientific payload concepts for robotic Moon rover scouts

NASA’s Jet Propulsion Laboratory is seeking ideas from the public around what kind of scientific equipment they could use to outfit tiny lunar rovers to help with Artemis and other Moon missions. The call, issued via crowdsourcing platform HeroX and called ‘Honey, I Shrunk the NASA Payload’ in a very contemporary nod to a movie […]
techcrunch - 1 day ago
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techcrunch
Panasonic is ending its solar cell partnership with Tesla

Panasonic is ending its solar cell partnership with Tesla

techcrunch - 1 month ago

Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, New York, ending a four-year joint venture with the electric automaker. 

Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla. Panasonic has since issued an announcement to explain its decision. Tesla did not respond to a request for comment.

Panasonic said it will cease solar manufacturing operations at the Tesla factory by the end of May. The company will exit the factory by September.

Panasonic employs about 380 people at the factory. Those employees will be given severance packages. Panasonic said it will work with Tesla to identify and hire qualified applicants from its impacted workforce. Panasonic said in its announcement that Tesla plans to hire qualified applicants to new positions needed to support its solar and energy manufacturing operations in Buffalo.

Panasonic struck a deal in 2016 to jointly produce solar cells at Tesla’s “Gigafactory 2” plant in Buffalo, New York. Panasonic committed to share the cost of equipment needed for the plant. The joint venture deepened the relationship between the two companies, which already had established a partnership to produce battery cells at Tesla’s factory near Reno, Nevada.

Panasonic’s decision to exit the factory comes as Tesla tries to scale up its energy business as well as meet employment requirements at state-funded factory. The Buffalo factory was built with $750 million in taxpayer funds and then leased to Tesla. Under a deal reached with the state, Tesla must employ 1,460 people there by April or face a $41.2 million penalty.

As reports of Panasonic’s exit circulated, Tesla told Empire State Development, the New York economic development authority that oversees the factory, that it has exceeded its hiring commitment.

“Tesla informed us that they have not only met, but exceeded their next hiring commitment in Buffalo. As of today, Tesla said they have more than 1,500 jobs in Buffalo and more than 300 others across New York State,” Howard Zemsky, chairman of Empire State Development said in a statement.

Panasonic’s decision to move away from global solar products has no bearing on Tesla’s current operations nor its commitment to Buffalo and New York State, according to Tesla, Zemsky said.

The development authority will verify the company’s data, Zemsky said, who added that the count does not include the Panasonic positions.

Panasonic never received incentives from the state, according to Zemsky.

As Panasonic exits New York, it still works with Tesla under a separate joint venture to produce battery cells at a massive factory near Reno, Nevada. Panasonic said in a statement that the decision “will have no impact on Panasonic and Tesla’s strong partnership in Nevada.” The two companies will continue their electric vehicle battery work taking place at Tesla’s Gigafactory, according to Panasonic.

In recent years, reports have suggested the relationship between Panasonic and Tesla has become strained. Tesla’s acquisition in February 2019 of Maxwell Technologies fueled speculation that the automaker wanted to develop its own battery cells.

sauce: techcrunch
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