financetom
Technology
financetom
/
Technology
/
General Motors Recruits Former Apple Executive Tim Twerdahl To Strengthen Software Division: Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
General Motors Recruits Former Apple Executive Tim Twerdahl To Strengthen Software Division: Report
Aug 30, 2024 7:01 PM

General Motors Company ( GM ) has reportedly hired a veteran of Apple Inc. ( AAPL ) to its software services unit.

Tim Twerdahl will be vice president of product management for the arm. Twerdahl enters General Motors ( GM ) as the auto behemoth builds out its budding software unit's administration team with former Apple executives while cutting other personnel to terminate some coatings of staffing, reported BNN Bloomberg.

At Apple, Twerdahl handled products such as AirPods and Apple TV as vice president of the tech giant's home & audio products business.

Most recently, he was the head product officer of sustainable building design firm Juno. He will report to Baris Cetinok, GM's senior vice president of software and services product management, the report noted, citing sources who requested anonymity as the information has not been made public.

Also Read: GM Cuts Over 1,000 Jobs In Software And Services Division, Seeks Cost Savings: Report

In another unrelated development, Samsung SDI completed and finalized a deal with General Motors ( GM ) to form a joint venture to supply electric vehicle (EV) batteries in the U.S.

The partnership involves a $3.5 billion investment to build a battery cell manufacturing plant with an initial annual production capacity of 27 GWh, targeting mass production by 2027. The company anticipates future expansions to increase capacity to 36 GWh.

This joint venture will help Samsung SDI establish a presence in the North American EV market and expand its customer base for these high-quality, safe batteries.

Price Action: GM shares are trading lower by 0.58% to $48.97 at last check Wednesday.

Read Next:

Uber's Partnership With GM's Cruise Shines Light On Future Business Model For Autonomous Car Makers

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
Copyright 2023-2025 - www.financetom.com All Rights Reserved