Enterprise software company VMware on Tuesday confirmed that it has laid off a small percentage of employees. The move comes two years after the Dell subsidiary cut around 800 employees. “We can confirm that there has been a small reduction in force at VMware this week,” a VMware spokesman told CNBC in an email. “Workforce […]
Read moreChinese electric car start-up WM Motor may be up against a crowded playing field filled with more established players, but the company has big ambitions. “Our job is to produce mass, affordable, easy-to-use electric vehicles for the millions of households in China, just like what Henry Ford did a hundred years ago [or] like Bill […]
Read moreAsian markets searched for direction early on Wednesday after yields on U.S. government debt rose and stocks stateside closed higher overnight. In the region, investors await the release of China inflation data later during the day. Japan’s Nikkei 225 was flat in the morning as gains seen in automakers and financials were offset by losses […]
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