What do you do when you’re a hot Silicon Valley startup trying to stand out amid a field of commoditized competitors? You invest in your brand, and keep investing in your brand. That’s likely the thinking behind Airbnb’s drive to get into the entertainment business, which Reuters scooped on Wednesday. The idea may seem ridiculous at first blush—why is a hospitality company producing original...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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