Workplace messaging platform Intercom told employees on Wednesday that it was planning to layoff 6% of its 649 employees, Business Insider reports. The company also reportedly plans to relocate around 50 staff members to its Dublin office, where the company was founded before moving to San Francisco. Intercom was last valued at $1.2 billion and has received funding from venture firms including...
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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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