Hot off the press: "The State of OKRs - Global Enterprise Report"

#1 SpaceX successfully stress-tested its Starship program

SpaceX successfully stress-tested a fuel tank to the point of failure, completing an important step for the development of its next Starship prototype. A previous, less intense test, resulted in a burst weld. The company’s CEO Elon Musk said that the new version of Starship, dubbed “SN1”, is likely to be test-ready around June. The fuel tank can withstand a max pressure level of 8.5 bar, which is also the required number for a human-rated spacecraft. SpaceX plans to use Starship to replace its Falcon series of launch vehicles. The new machine could then be paired with a Super Heavy booster to carry large payloads. Read more: https://tcrn.ch/38XkHV1

#2 GM to invest $2.2 billion at its Detroit factory to build electric vehicles

General Motors will spend $2.2 billion on turning an underused Detroit-based plant into a factory so it can manufacture electric and self-driving vehicles. Around 2,000 people will be employed at this site. The factory will start building GM’s first electric pickup late in 2021, while a self-driving shuttle is also supposed to be produced in Detroit. The renovations will begin in February with the general assembly area and the paint and body shops getting new machines, conveyors, and controls. The company plans to invest $800 million in equipment for parts suppliers and several other projects. Read more: https://on.mktw.net/2tcp13E

#3 Social media giants try to stop misinformation about coronavirus

Facebook, Google, and Twitter are battling the rapid spread of half-truths and falsehoods about the coronavirus that infected thousands of people in China. Some of the conspiracy theories circulated on Facebook, for instance, elaborate on how U.S. government officials have caused the deadly outbreak. Users also share posts related to fake treatments. Fact-checkers that partner with Facebook have already debunked many false claims. YouTube says that its algorithm prioritizes videos with credible sources, while Twitter is directing U.S. users searching for coronavirus-related hashtags to the Centers for Disease Control and Prevention. These examples illustrate the many ways in which social-networking tools can turn into controversial and potentially dangerous echo chambers during health scares. Read more: https://wapo.st/38TWzme

#4 Global spending on cyber-security products is growing

Companies around the world are facing ever more sophisticated cyber-security challenges. Due to that, global spending on information security and risk management systems is set to reach $131 billion in 2020. Many of these security solutions will be powered by machine learning algorithms that make it easier to spot threats, thwart breach attempts, and investigate fraud incidents. And several companies are especially worth watching in 2020 because of their innovative approaches to dealing with security threats. This group includes Absolute, Centrify, Deep Instinct, Infoblox, Kount, Mimecast, and several others. Thanks to their innovative work, clients’ data and communication are well protected and the chance for costly breaches is minimized. Read more: http://bit.ly/36HFL0q

#5 Rivian to develop an all-electric vehicle for Ford’s Lincoln brand

Ford’s luxury Lincoln brand will team up with the electric car startup Rivian to develop an all-electric vehicle. The duo didn’t provide details on what kind of vehicle they intend to build but it’s likely to be an SUV as the production of the MKZ sedan in Mexico is to end this year. The project will be based on Rivian’s flexible skateboard platform. This will be Lincoln’s first electric vehicle although the company has produced two plug-in hybrids, the Aviator and Corsair Grand Touring. In 2019, Ford invested $500 million in Rivian. Read more: https://tcrn.ch/2S7171M


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