Ford unveiled its new 2021 F-150 on Thursday, a hybrid truck loaded with features, and reportedly able to travel 700 miles on a tank of gas.
"This is the first major update for five or six years for us. It's America's best-selling vehicle, and we have to keep it, not just updated, but the best-in-class," said Jim Farley, Ford's chief operating officer.
Despite upgrades like over-the-air system software updates, the full-size pickup truck still relies partially on gas as fuel in an era of all-electric vehicles coming from the likes of Tesla or Nikola.
However, Farley noted that the auto giant has plans for that space as well.
"In the next 24 months, we will launch an all-electric F-150, and we aren't stopping there. We're also going to launch an all-electric transit van," he said. "The hybrid F-150 we're launching this fall is going to be a great bridge to that."
Even as Ford looks to the future, the automaker, like everyone else, had to contend with the present coronavirus pandemic, requiring changes and upgrades to their manufacturing operations in order to get back up to speed.
"It was a really difficult time for Ford, but we used that downtime to prepare for what we're going through now, which is getting up to full production," Farley said about the past several months. "This week is a marquee week for us. We're up almost to full production in North America, we're building production in Western Europe and in China, around the world."
He also explained how Ford drastically reconfigured its facilities to prevent the spread of coronavirus and made changes including aggressive cleaning, temperature checks, food delivered directly to workers, and customized personal protective equipment.
"We've had to put social distancing into our plants and redesign all the workspaces," he explained. "It's been months and months of planning, and it's all paid off now."
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
OpenAI has appointed Slack CEO Denise Dresser as its first chief of revenue. Dresser will oversee global revenue strategy and help businesses integrate AI into daily operations. OpenAI CEO Sam Altman recently emphasized improving ChatGPT, which now has over 800 million weekly users. Despite its success, OpenAI faces competition from companies like Google and concerns about profitability. The company earns money from premium ChatGPT subscriptions but hasn't ventured into advertising. Altman had recently announced delays in developing new products like AI agents and a personal assistant.
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.
U.S. sports betting is booming as NFL and college football fuel massive activity. BetMGM CEO Adam Greenblatt breaks down trends, growth, and what’s next.
President Donald Trump says a deal struck by Netflix last week to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share. The Republican president says he will be involved in the decision about whether federal regulators should approve the deal. Trump commented Sunday when he was asked about the deal as he walked the red carpet at the Kennedy Center Honors. The $72 billion deal would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.
Disney's changes to a program for disabled visitors are facing challenges in federal court and through a shareholder proposal. The Disability Access Service program, which allows disabled visitors to skip long lines, was overhauled last year. Disney now mostly limits the program to those with developmental disabilities like autism who have difficulty waiting in lines. The changes have sparked criticism from some disability advocates. A shareholder proposal submitted by disability advocates calls for an independent review of Disney's disability policies. Disney plans to block this proposal, claiming it's misleading. It's the latest struggle by Disney to accommodate disabled visitors while stopping past abuses by some theme park guests.
With a merger this big, creators, studios, and theaters all face uncertain futures. Here’s what experts are worried about and what good could come from it.
With disengagement rising and hybrid work shifting, 'Everybody Matters' author Bob Chapman explains why treating people well could define the future of work.
We sat down with Ali Furman, U.S. Consumer Markets Industry Leader at consulting firm PwC to ask what trends she garnered from the initial data this year.
