Industry

Tesla Will Stay Public, For Now Tesla ( TSLA) said in a late-night post on Friday that it will not be going private.   Full statement:   "Over the past several weeks, we put in place a process led by a Special Committee of the Board to evaluate a proposal Elon was considering to take Tesla private. Yesterday, we held a Board meeting, during which Elon reported on the work he and his advisors have been doing in connection with this effort. Elon communicated to the Board that after having done this work and considered all factors, he believes the...

Gupshup Enables Several Enterprises to Gain Early Access to WhatsApp Business Gupshup integrates the enterprise messaging environment with WhatsApp, using its Smart messaging platform to enable rich interactive messaging for better customer engagement SAN FRANCISCO, CA 2018 – Gupshup , the leading Smart messaging platform, announced today that it is working with WhatsApp to enable enterprises to quickly an d easily build a brand presence on WhatsApp, by providing early access to WhatsApp Business. Gupshup o ffers programmable messaging APIs and managed services enterprises can use to connect with customers o ver WhatsApp and to orchestrate rich conversational messaging experiences....

Look Beyond Your Industry When Benchmarking for Success Building, supporting and scaling a sustainable business with sound policies is no easy feat, regardless of industry. Some fields may be more competitive than others, and businesses that break the mold have something in common -- they look outside their industry for inspiration on best practices. I believe this kind of external benchmarking is key for any company that hopes to not only survive, but flourish, in today’s market. At our company, Pacesetter, this has been something I’ve been militant about since starting as CEO years ago. The steel industry, like many subsets of...

3 Key Lessons For Global Industry From China's 2025 Strategy President Xi Jinping’s “Made in China 2025” strategy, unveiled in 2015 and now thrust back into the limelight by President Trump’s bellicose stance on trade, holds three important lesson for global industry. First: making things matters; and the future of making things matters even more. This should be a non-controversial statement, but it is not. Economists often mock “the manufacturing fetish” and argue there is no reason to consider manufacturing a better driver of economic growth than any other sector. As economies get richer, they tend to shift from agriculture...

The industry that was spending $10,000 a minute has reached its peak   At the peak of the LNG construction boom, oil and gas company Santos was spending about $10,000 a minute over seven years to bring its $25 billion Queensland-based Gladstone LNG project online. But the days of new gas mega-projects being built is over as the industry shifts into a new gear of producing gas, says Deloitte. In a new report, Deloitte says the completion of another two major LNG projects – Inpex’s Ichthys project in the Northern Territory and Chevron’s Wheatstone project in WA – has all...