Saturday☕️

May 27, 2023 • 4 min read

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Ford Partners with Tesla:

Ford Motor Company will partner with Tesla to enhance the charging infrastructure for its electric vehicles (EVs), according to the CEOs of both companies. This partnership will provide Ford owners access to over 12,000 Tesla Superchargers across the US, facilitated by an adapter.
Moreover, Ford's forthcoming EVs, anticipated by the middle of the decade, will come equipped with Tesla's charging plug, obviating the need for an adapter and enabling direct use of Tesla Superchargers.
This move places Ford among the first automakers to officially integrate with the Tesla network. The announcement was made by Ford CEO Jim Farley and Tesla CEO Elon Musk during a live discussion on Twitter Spaces, as Ford aims to boost its EV production and strengthen its market position.

20-Year Manhunt:

On Wednesday, the twenty-year manhunt for Fulgence Kayishema, a Rwandan fugitive alleged to have orchestrated the slaughter of over 2,000 civilians, finally reached its conclusion. Rwanda, a small East African nation, is predominantly inhabited by native Hutus, who make up 85% of the population, with Tutsis accounting for 14%.
The country was ravaged by a civil war that broke out in 1990 between these two groups, climaxing in the brutal extermination of Tutsis by Hutus in 1994. This event unfolded over approximately four months, resulting in around 600,000 Tutsi deaths.
Among the Hutu leadership, Kayishema, a militia leader, was suspected of masterminding the massacre of nearly 2,000 Tutsis in a church. Following his indictment by an international tribunal for war crimes in 2001, he escaped from Rwanda, managing to evade capture for almost two decades. The relentless pursuit ended with his arrest in South Africa.

Business:

Meta is proceeding with the final phase of a major downsizing plan announced in March, aiming to reduce its workforce by 10,000 employees.
TikTok is launching a pilot program for Tako, its novel AI chatbot, with trials being conducted in the Philippines.
In its first six days post-release for iOS, the ChatGPT app garnered over 500,000 downloads
Citigroup is proposing a different strategy for Banamex, a Mexican bank it acquired in 2001. Instead of finding a buyer, Citigroup intends to spin off Banamex through an Initial Public Offering (IPO) due to unsuccessful attempts to secure a purchaser.

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