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Uber is halting its autonomous truck efforts. The ride-hailing company said it would focus exclusively on the development of autonomous cars but that its Uber Freight app, which connects drivers with shippers, would not be affected by the decision. Uber began working on self-driving trucks after acquiring Otto in 2015; the startup was later at the heart of a legal battle with Alphabet subsidiary Waymo.
GE is seeking a buyer for its digital assets. Parts of GE Digital will likely be sold off to software companies or “industrial players seeking to become more digital-focused,” The Wall Street Journal reports. The subsidiary was created in 2015 to develop analytics and machine-learning software for industrial companies. The sale is part of a push by current CEO John Flannery to streamline the ailing conglomerate.
The world’s biggest 5G deal yet: T-Mobile has agreed to buy $3.5 billion of the next-generation network gear from Nokia. The announcement makes T-Mobile one of the “first major carriers” to announce a 5G hardware investment; the carrier, which agreed to merge with Sprint earlier this year, says it will be the first to offer nationwide coverage. 5G promises to deliver faster mobile-phone speeds, and the U.S. is racing China to be the network leader.
WeWork正在进入办公室设计行业，帮助像瑞银这样的客户让他们的工作场所“更加欢乐。”这个联合巨头正在试图摆脱昂贵的长期租约 - 并且“证明200亿美元的估值” - 根据彭博社的数据，We unit目前拥有30家客户，去年的收入为1370万美元。
WeWork is getting into office design, helping clients such as UBS make their workplaces “more convivial.” The coworking giant is attempting to pivot away from expensive, long-term leases — and “justify a valuation of $20 billion” — with its new Powered by We unit, which currently has 30 customers and made $13.7 million in revenue last year, per Bloomberg.
Harley Davidson is looking to produce smaller motorcycles to attract younger riders and boost declining sales. The Milwaukee-based firm, which has seen U.S. sales and market share fall in recent years, plans to introduce a line of middleweight bikes, as well as smaller bikes to initially be sold in India. The firm wants to increase its share of international sales from 38% to 50% in the next decade.