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The company's self-driving car project is getting its own CEO. John Krafcik is the former CEO of Hyundai in North America and current president of TrueCar, a car-buying platform.
Has a new boss. Tatsumi Kimishima, 65, was most recently head of HR—a rare role for chief executives.
Is gunning for the States. The plane maker is opening a plant in Alabama to assemble Airbus 320s, which compete with Boeing’s 737.
Ruffled feathers with a cover story predicting Alibaba stock could drop another 50%. Alibaba shares are already down nearly 40% from a year ago.
"In 2001, Nasdaq lost 80% of its value. I’ll bet any bubble believer everything I have that Nasdaq won’t drop 80% in the next 5 years." - Ben Horowitz, Co-Founder at Andreessen Horowitz
Daily Top Headlines:
Animation: Lewis Clinch
Script: Isabelle Roughol, Katie Carroll
Art: Jacqueline Zaccor
Producer: Florencia Iriondo