Nikkei Asia reported that iRobot, the iconic robot vacuum cleaning maker, has cut ties with its Hong Kong manufacturing partner to diversify product assembly out of China. The move is a result of the U.S.-China trade war, which has made it more expensive for some U.S. companies to make products in China because of new tariffs implemented during the Trump administration. The report comes...
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Salesforce’s Pretend Co-CEO Arrangement
Marc Benioff has redefined the term co-CEO. As The Information reported earlier today, Bret Taylor, newly named co-CEO of Salesforce, will continue reporting to Benioff, his fellow co-CEO. So instead of the term meaning two leaders on equal terms, it now just means two people who work with each other in a boss-subordinate relationship. At this rate, Salesforce could give the co-CEO label to its...
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