Used goods marketplace OfferUp on Thursday announced that Todd Dunlap, a former executive at Booking Holdings and Microsoft, will become the company’s new CEO, succeeding its current chief Nick Huzar in July. Huzar, who co-founded OfferUp with fellow tech entrepreneur Arean Van Veelen in 2011, will stay with the company in multiple roles as president, chief product officer and the chairman of...
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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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