Donald Trump’s Antitrust Division was not particularly skilled at market design. In February 2020, it convinced a judge to wave through the T-Mobile/Sprint merger , under the belief—a prayer really—that the merged firm could be forced to breathe life into a nascent rival, Dish, and that the rival would invest billions in its own network. This was like trading a first-round pick in the draft for an aging journeyman with an incurable knee injury. Never mind that this experiment of using a reseller as “fixer” for a wireless merger that reduced four competitors to three had stumbled in Germany , revealing the critical role of a fourth facilities-based provider in preserving competitive outcomes. Disregard that the merged firm would have a strong incentive to undermine the behavioral remedy. And ignore the long history of failed behavioral remedies in horizontal mergers documented by an antitrust luminary. Basically forget all accumulated relevant antitrust experience. What … [Read more...] about The Terrible T-Mobile/Sprint Merger Must Be Undone
Audi 's supervisory board has appointed Oliver Hoffman to the board of management to head technical development. The appointment is effective from March 1, 2021. In his new role, Hoffman's priorities would be to accelerate the expansion of the product portfolio to e-mobility , develop new technological spearheads and to cooperate with his partners in development across the Volkswagen Group , Herbert Diess, chair of the supervisory board of Audi AG, said. “This appointment is another element in shaping the new Audi. Oliver Hoffmann is an accomplished engineer with the right leadership qualities to head the technical heart of this premium brand," Diess said. Hoffman joined Audi Sport in 2017 as head of technical development, where he was appointed managing director in 2018. In 2019, Hoffmann was given two further management roles: head of technical development at the Neckarsulm site and head of powertrain development at Audi AG. Since June 2020, he has been chief … [Read more...] about Oliver Hoffman to lead Audi’s technical development to e-mobility
Maruti Suzuki India Limited (MSIL) in partnership with Nadathur S. Raghavan Centre for Entrepreneurial Learning ( NSRCEL ), the startup hub at the Indian Institute of Management Bangalore (IIMB), on Friday announced the list of 26 shortlisted mobility startups for a 9-month extensive incubation programme . The selected startups will undergo a 3-month pre-incubation journey during which they will be engaged in various sessions, workshops, peer-to-peer learning activities. They will also receive regular one-on-one mentoring and advisory sessions. Networking events, mock-pitches and interaction with investors will be major highlights of the initiative. After this, the ventures will be allowed to pitch for incubation and funding and the selected ventures will be taken forward for a further six-month incubation journey. First announced in August 2020, the collaboration will help startups to channelise their efforts to bring industry-ready solutions and become large-scale … [Read more...] about Maruti Suzuki, IIM Bangalore shortlist 26 mobility startups for incubation
The People's Liberation Army's Eastern Theater Command mobilized its air and naval forces to monitor the USS Curtis Wilbur 's passage through the Taiwan Straits on Wednesday, the command's spokesman said on Thursday. "The move by the US naval vessel brought risks to the Straits and deliberately compromised peace and stability in the region. We strongly oppose such acts," senior colonel Zhang Chunhui said in a statement, adding that forces of his command are always on high alert to respond to any possible threats or provocations. Based in Yokosuka, Japan, the Curtis Wilbur is an Arleigh Burke-class guided missile destroyer and is part of the US Seventh Fleet's Destroyer Squadron 15. The US warship's move on Wednesday marked the second transit in Taiwan Straits by any US naval vessel this month. … [Read more...] about PLA mobilizes forces as US naval vessel transits Taiwan Straits
Mobile technologies have been the driving force for ever faster and better computer technologies for the past two decades. Faster and smaller chips, display technologies, and wireless communications are all able to function on tiny amounts of electric power drawn from ever more advanced batteries. In a future that is very much going to be stay-at-home and work-from-home , these costly mobile technologies are nice to have, but they aren't essential. The home has plenty of electric power. There is always a plug nearby. Yet every single laptop component has to be specially made to operate on battery power, and the main mobile chips have to be made in advanced chip fabs costing as much as $3 billion each. latest developments Coronavirus: Business and technology in a pandemic From cancelled conferences to disrupted supply chains, not a corner of the global economy is immune to the spread of COVID-19. Read More ROOM-TO-ROOM MOBILITY Why buy a laptop -- … [Read more...] about What does the future look like for mobile technologies in a stay-at-home world?