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After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News), Lincoln President Dianne Craig said that the company is “listening to what customers really need.” According to Craig, since “Navigator customers tend to tow more,” electric vehicles don’t “make as much sense.” “That’s how we think about this transition — whether it’s…

Audi says it is now pulling back on what was a fairly ambitious rollout of upcoming electric vehicles in response to what its newly appointed CEO says is the EV “slowdown” and to “avoid burdening” factories and dealers. “We first looked at what order and density of launches the organization could handle,” CEO Gernot Döllner told Bloomberg. “In the end, we decided to spread it out to not overwhelm the team and the dealerships.” Audi, which is owned by Volkswagen, had slated 20 new models by 2026,…

The intent of THR‘s annual list of the 50 Most Powerful Showrunners is to provide an accurate state of the TV union — a rundown of the writer-producers selling in an increasingly fraught media climate, making culturally relevant and awards-friendly shows and serving the masses at a time when consensus entertainment has all but vanished. It’s also a great opportunity to pick some brains.Those showrunners who made the 2023 list were polled on a variety of subjects. If Suits can become a streaming hit years…

In a recent development, two prominent accounting firms, KPMG and Deloitte, have reportedly instructed their staff to refrain from using their regular smartphones during visits to Hong Kong, citing security concerns. According to the Financial Times, employees have been advised to use burner phones, when visiting China and Hong Kong. Its not only Deloitte and KPMG who have issued such instructions, as consultants from McKinsey have also purportedly adopted the practice during their trips to the…

Hey, TechCrunch people. If you’re looking for a recap of the week’s news in tech, you’ve come to the right place. It’s Week in Review (WiR), TechCrunch’s regular recap column. Glad to have you. Before we get on with the meat of it, a PSA that tickets for TechCrunch Disrupt 2023 are available now. Disrupt, of course, is TechCrunch’s flagship in-person event, focused on founders, investors and the future of tech year after year. In San Francisco on September 19–21, expect to hear from thought leaders in the fields of…

Image via Marvel Studios/Remix by Keane Eacobellis It’s beginning to become quite clear that Marvel Cinematic Universe fatigue is in very real danger of setting in to unprecedented levels, with Ant-Man and the Wasp: Quantumania shaping up to be the franchise’s latest underwhelming endeavor. It can’t be a coincidence that the downturn in quality has coincided with an uptick in quality, seeing as Disney Plus has at least doubled the volume of projects being released on an annual basis. It’s already looking as…

Firefox Relay, a Mozilla service designed to hide your “real” email address by giving you virtual ones to hand out, is expanding to offer virtual phone numbers. In a blog post Mozilla product manager Tony Amaral-Cinotto explains that the relay service generates a phone number for you to give out to companies if you suspect they might use it to send you spam messages in the future, or if you think they might share it with others who will.The idea is that handing out this alternative phone number makes it easier to block…

Lorie Logan in her first comments as leader of the Federal Reserve Bank of Dallas on Wednesday said she agreed with other Fed officials that the central bank must focus on bringing inflation down. “Being president of the Dallas Fed and as a policy maker, our number one priority has to be to restore price stability,” Ms. Logan said as part of a video on her bank’s website. She didn’t, however, link that view on price pressures to specific policy actions in remarks largely aimed at explaining how she will…

Twitter recently announced the existence of a security vulnerability that poses a particular risk for anonymous and pseudonymous Twitter accounts. On Friday, the popular social media platform published a blog statement describing the nature of the security vulnerability, which, if exploited, could let someone send contact information (phone numbers, email addresses) to Twitter’s systems, which would then “tell the person what Twitter account the submitted email addresses or phone number are associated with, if any.”…

Facebook is only 18 but it’s slap-bang in the middle of a mid-life crisis, with user numbers declining and TikTok eating its Gen Z lunch. In response, the company is trying to push more video content from creators into users’ feeds, and is now shifting resources away from more text-focused products like its News tab and Bulletin newsletter platform. As first reported by The Wall Street Journal, Facebook exec Campbell Brown told employees about this change in priorities in a recent memo. Brown said engineering and…