“I want 5G, and even 6G, technology in the United States as soon as possible,” tweeted the President. “It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind.”
We Are Not Going Back to Old Retail
With the future of retail we have crossed over the demarcation line, says Walter Robb, the former co-CEO of Whole Foods. “We’re not going back to the old retail,” said Robb. “It’s just not going to happen. That’s the combination of digital and physical.
US in Competition with China for 5G Domination, Says James Jones
The US is in competition with China for 5G domination says James Jones, former Obama National Security Advisor. Jones says that 5G is the most disruptive technology to come our way this century, but we are way behind China in 5G marketing. He says that the choice is clear for our friends and allies.
Geek+ Robotics CEO Says There is No Strong Competitor Outside of China
The CEO of Geek Plus Robotics, a China-based company, says they don’t see any strong competition outside of China and this includes the United States. “We almost cannot see any strong competitor outside of China,” said Zheng Yong.
Electric Vehicles Are Going Mainstream, Says EVgo CEO
“The car companies have announced $300 billion that they’re investing in making EVs,” says Zoi. “There are going to be 160 new models over the next few years. This is going from crazy boutiques mall to mainstream and consumers are going to love it.”
Rakuten CEO: Very Difficult to Use Chinese Venders for a While
Rakuten CEO Mickey Mikitani says he’s happy he didn’t choose to use Huawei and ZTE. “I kind of sensed the potential risk even if it’s only one percent,” said Mikitani. “I told myself actually I cannot take a one percent risk that something may happen to prohibit Chinese network equipment to be used for the Japanese mobile network.”
New Funding Round Values Reddit at an Astounding $3 Billion
Reddit announced a new $300 funding round valuing the company at an astounding $3 billion. The valuation is amazing considering that Reddit has been around for quite a while and is presumably past its high growth phase.
Digitizing Unilever is One of My Top Priorities, Says CEO
Digitizing Unilever is one of my top priorities, says Unilever’s new CEO Alan Jope. “How we digitize marketing. How we digitize working with our customers. Digitizing our supply chain. Digitizing our people processes. You are going to see a strong digital emphasis in my agenda for Unilever.”
SAP CEO: We’re Doubling Down in China
SAP CEO Bill McDermott remains very optimistic about doing business in China. He says that SAP has a fundamental belief in China and continues to invest in China. “We’re not having challenges in China,” says McDermott. “We’re doubling down in China.”
Starbucks Coming Out on Top in China, Says CEO
Starbucks CEO Kevin Johnson isn’t worried about competitors in the fast-growing coffee market in China. Starbucks has nearly 3,700 stores in China already and is generating double-digit transaction growth. For Starbucks, their growth in China continues to be driven by providing a unique customer experience that is like no other in their industry.