leeco
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Zoom Cuts 1,300 ‘Zoomies’ After Pandemic Growth Spurt
Silicon Valley layoffs have become commonplace in the last several months as one after another announced they were letting staff go. This time, the latest round of layoffs will affect Zoom employees, as CEO Eric Yuan cited an unpredictable economy and the possibility of a recession.
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What The Hell Is Going On At LeEco?
LeEco, the so-called “Netflix of China”, was supposed to take the US tech scene by storm. Instead, its ambitious plans appear to be collapsing. Six months after a splashy US launch, Bloomberg reports that LeEco missed its 2016 US sales goals “by a wide margin” and that it is planning on cutting jobs.
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LeEco CEO Admits The Company Is Growing Too Fast
Last month, Chinese consumer electronics giant LeEco made a splashy entrance into the Western market, showing off its plans for super cheap TVs, smartphones, an electric bike and VR. It was even supposed to show off its Faraday Future electric car, but that didn’t end up happening.
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The 15 Coolest Concept Cars Revealed This Year So Far
Automakers are pushing bold, innovative ideas forward with their latest concept cars. Whether it’s a car with nothing inside but a sofa and TV or an electric car resembling the Batmobile, concept cars give us a glimpse of how technology will shape the future of driving.