Tag: techs

‘Guts,’ strategic thinking lead supplier ZF’s push into new techs


Planning for the future in the midst of an ongoing a crisis will be focus when a leader of rapidly transforming German tech company ZF speaks Tuesday.

“If you want to lead, you have to have the guts to change,” Martin Fischer, member of ZF’s management board responsible for several fast-evolving technologies and business in the Americas, said in an interview.

ZF, a traditionally adept and strategically cautious company, was in the midst of the $7 billion acquisition of commercial vehicle supplier Wabco — as the auto industry hit COVID-19 rock bottom this spring.

It would’ve been an easy time for a supplier owned by a charitable trust to play it safe, but ZF charged ahead, convinced Wabco was vital in its strategy to morph from a

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Trending: A tell-tale week for tech’s selloff as traders lose faith

Hello, and welcome to the Wednesday edition of the Insider Tech newsletter, where we break down the biggest news in tech.

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This week: A tell-tale week for the tech selloff

tim cook

Apple CEO Tim Cook speaks at the WSJD Live conference in Laguna Beach, California October 27, 2014.

REUTERS/Lucy Nicholson

The stock market’s collective conviction that tech is a safe harbor amid the turmoil of the pandemic has been shaken. After defying gravity for a long time, tech stocks are suddenly losing altitude: Apple lost its $2 trillion valuation (perhaps only temporarily), and Amazon’s decoupled king and queen — Jeff Bezos and MacKenzie Scott — each suffered multi-billion dollar declines in their net worths.

Are we looking at the start of another dotcom-like debacle for tech, or just an unsettling burp as the tech industry

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