Lucid CEO agrees with Musk that America doesn’t need cheap cars
Lucid CEO Peter Rawlinson says the market for cheap electric cars is terrible. He believes other carriers should license its technology rather than build low-cost Lucid. Other brands may already be planning to launch affordable electric cars with or without Lucid. Tesla and Elon Musk have long promised to launch a $25,000 electric car. That promise ultimately fell by the wayside, as Musk recently called the idea pointless. Now Lucid CEO Peter Rawlinson says his car company isn't interested in that price point either. At the same time, he is hopeful about the low-price market. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); "This market is notorious because you get into large-scale manufacturing -- horrible, low-margin...putting a manufacturing base for millions of these vehicles," Rawlinson said of affordable electric cars in a recent Bloomberg podcast. It’s meaningless.” Read: Lucid Air Sapphire beats Porsche Taycan Turbo GT in most…
Lucid CEO agrees with Musk that America doesn’t need cheap cars
He believes other brands can achieve this by licensing Lucid technology November 19, 2024 09:17 Lucid CEO Peter Rawlinson says the market for cheap electric cars is terrible. He believes other carriers should license its technology rather than build low-cost Lucid. Other brands may already be planning to launch affordable electric cars with or without Lucid. Tesla and Elon Musk have long promised to launch a $25,000 electric car. That promise ultimately fell by the wayside, as Musk recently called the idea pointless. Now Lucid CEO Peter Rawlinson says his car company isn't interested in that price point either. At the same time, he is hopeful about the low-price market. "This market is notorious because you get into large-scale manufacturing -- horrible, low-margin...putting a manufacturing base for millions of these vehicles," Rawlinson said of affordable electric cars in a recent Bloomberg podcast. It’s meaningless.” Read: Lucid Air Sapphire beats Porsche Taycan Turbo GT in most powerful drag race yet But…
100,000 electric cars later, Xiaomi CEO touts himself as China’s electric car maker
Chinese billionaire Lei Jun was photographed sleeping on a factory floor, referring to Elon Musk. Xiaomi founder and CEO celebrates production milestone of SU7 sedan reaching 100,000 units. Still, Xiaomi has a long way to go to break even, as it needs to sell 300-400,000 cars a year. Xiaomi founder, chairman and CEO Lei Jun took a page directly from Elon Musk's playbook - quite literally - and then added his own twist. To mark the production milestone of 100,000 SU7 electric cars, Lei Jun posted a photo of himself napping on the factory floor, a nod to Musk's famous claim that he did the same thing in Tesla's early years, although he didn't explicitly Name his American counterpart. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); The Xiaomi boss shared the photo on social media with the text: "Netizens urged me to go to…
CEO Update: November 2024
Dear colleagues and dear members: Brands elicit emotions. We get used to how things look and value familiarity. At the same time, the world is changing and brands need to change with it. If you don't want to be left behind, it's "running in circles." This UFI message looks a little different. We're doing this as we update and refresh UFI's logo and look. In the centenary of our association’s founding, this visual update will lead UFI through the next decade. It reaffirms our global identity and updates our look and feel for today's digitally-focused communication era, incorporating live events, meetings and experiences. In fact, UFI stopped using logos very early on. The first one was launched in 1947. It shows an image of Hermes, the Greek god of trade, wearing his iconic winged helmet. Around that image, text read: "UFI - Union Internationale des Exhibitions." If you look in a history book, you'll see that this logo has been…
Ford CEO drives Xiaomi SU7 EV every day and loves it
Jim Farley has been driving the SU7 for six months and describes the Chinese sedan as "fantastic" go through Chris Chilton 10 hours ago Ford's CEO has revealed he's obsessed with the Chinese electric sedan he's been driving for the past six months. Jim Farley described the Xiaomi SU7 as "fantastic" and told the Full Charged podcast he didn't want to give it up. The SU7 is smartphone maker Xiaomi's first electric car and is currently only sold in China. Carmaker CEOs typically prefer to sing the praises of their own products rather than heap praise on rival brands, but Ford's boss can't help himself. He told an interviewer that he had been driving a Chinese electric sedan every day for the past six months and loved it so much that he feared the day he would have to hand back the keys. Jim Farley admitted in an interview with Full Charged podcast host Robert Llewellyn that he often rides…
Julie Coker named CEO and president of New York City Tourism +
Industry veterans oversee New York City's $74 billion tourism and convention industry. Julie Coker, known for her decades of leadership in the tourism and hospitality industry, will step down from her role as president and CEO of the San Diego Tourism Authority (SDTA) to assume the role of president and CEO of the San Diego Tourism Authority (SDTA) . New York City Tours + Meetings December 9th. Coker began her hospitality career at Hyatt Hotels, where she rose through the ranks in multiple positions over 21 years. She subsequently served as President and CEO of the Philadelphia Convention and Visitors Bureau (PHLCVB), where she oversaw the 2017 NFL Draft and the 2016 Democratic National Convention, which generated a combined economic impact of $325 million for Philadelphia. Prior to that, she served as executive vice president of conferences at PHLCVB. She has held numerous board positions, including serving on the Board of Directors of Meeting Professionals International (MPI). In January 2023,…
Celtic Collection: Statement on death of CEO Ian
The Celtic Collection is deeply saddened to announce that Ian Edwards has passed away after a period of illness with his loved ones at his side. As CEO of Celtic Manor Resort and International Conference Center Wales, Ian was an inspirational business leader who left an indelible mark on the UK’s hospitality and tourism industry. With over 40 years of experience, he has driven the development of Celtic Manor Resort into one of Europe's premier golf, leisure, business and high-end events destinations, and the recent expansion of The Celtic Collection into Wales' largest Independent Hotel Group. Under Ian's guidance, Celtic Manor Resort has hosted global events such as the 2010 Ryder Cup, one of the world's most prestigious sporting events, and the 2014 NATO Summit. His work with the Wales International Conference Center further demonstrates his passion for promoting business tourism, creating world-class venues, hosting international conferences and events, and delivering lasting economic benefits to the region, Wales and the…
Stellantis CEO warns of Chinese brands moving in
Carlos Tavares believes that overcapacity in European manufacturing may force local automakers to close factories. Chinese electric carmakers such as BYD and Dongfeng will start producing electric vehicles in Europe. BYD confirmed that most of its electric cars sold in Europe will be produced in Hungary. Carlos Tavares may be facing challenges at Stellantis in North America, but that hasn't stopped him from being outspoken in sounding the alarm about the future of European car manufacturing. Stellantis' CEO sees the writing on the wall - the European auto industry is teetering on the brink of overcapacity, and he believes local automakers may be forced to close factories as a result. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); What's the reason? It’s not just weak demand or a changing market, it’s the influx of Chinese electric carmakers into Europe’s backyard to do business. EU member states…
TBA Group CEO Guy Horner named one of Britain’s Top 50
As reported in The Times this morning, TBA Group CEO Guy Horner has been named one of the LDC’s 50 most ambitious business leaders for 2024. The Top 50 was created by LDC, a trusted investment partner of Lloyds Banking Group, to recognize entrepreneurs who have demonstrated extraordinary ambition. More than 700 nominations were received for the 2024 Top 50 Least Developed Countries Business Leaders who are making a real impact by creating jobs, promoting social equality, advocating for sustainable development, expanding internationally and integrating purpose into their business practices. They operate in 39 towns and cities across the UK, covering all sectors of the economy, employing a total of 5,146 people and generating over £1.1 billion in revenue. TBA Group is a specialist brand experience agency group working across the sports, brand and entertainment sectors, creating genuine connections with brands and their customers. Differentiated creative agency teams leverage creativity, insight-led ideas and technology combined with unrivaled execution to deliver…
Stellantis Euro dealers furious with CEO for refusing support
European dealers say customers don't want electric cars, but Carlos Tavares will not support their demands that the European Commission reconsider tough 2025 rules. go through Chris Chilton October 8, 2024 09:50 European Stellantis dealers have written to the President of the European Commission calling for a reconsideration of strict emissions targets due to take effect in 2025. The heads of the four major dealer groups spoke out against Stellantis CEO Carlos Tavares, who rejected calls to weaken the target. Dealers say falling EV sales make the target unachievable and will result in carmakers paying billions of euros in fines. Carlos Tavares has been criticized by U.S. dealers for making "reckless" decisions that lower the value of brands like Jeep, Ram and Dodge. Now, European retailers are stepping up the pressure, claiming the CEO's stance on emissions will cost the company billions of dollars. The four heads of Stellantis's European dealer network, which sells Abarth, Alfa Romeo, Citroen, DS, Fiat,…
UFI selects Chris Skeith as next CEO » Exhibit City News
Submitted by UFI Paris- Global association for the exhibition industry UFI has selected Chris Skeith, OBE, as its next chief executive, succeeding Kai Hattendorf on 1 January 2025. Skeith will join UFI from AEO (Association of Event Organizers), the leading association of event organizers in the UK and internationally, where he has been chief executive since 2014. “We interviewed several excellent candidates both internally and externally to UFI and, together with Chris, we are confident that we have selected an excellent leader to continue UFI’s growth and evolution as the leading global trade body for our industry,” said Jeff Dickinson, UFI President. "Chris has been active with UFI for many years, chairing the Association Committee and serving on the UFI Executive Committee. In his AEO role, he works closely with our existing management team, Kai and Adeline, on a number of issues from event management to publicity "With his outstanding track record, he is an excellent choice to serve as…
UFI announces Chris Skeith as next CEO of the organization
CHICAGO – Global association for the exhibition industry UFI has announced that Chris Skeith, OBE, will serve as the organization’s next chief executive. Skeith will start on January 1, 2025, and Kai Hattendorf will leave in mid-January. “I look forward to continuing to serve our great industry, now at a global level at UFI. The UFI team I join has set the global standard in research, advocacy, collaboration and community excellence, and I will do my best to contribute to our success over the past ten years. Building on the great work we’ve done over the years,” Skeith said. Skeith has many years of industry experience, including most recently as CEO of the Association of Event Organizers (AEO), where he has served since 2014. During his career, he also led the development of the Association of Event Organizers (AEO). The Bureau of Circulation audits audit products for the events industry, oversaw the merger of AEC and BECA to form the…
CEO Update: October 2024
Dear colleagues and dear members: In my ten years at UFI, I can hardly remember another month as filled with UFI events around the world as last September. Within a few weeks, we had our regular late-summer leadership meeting in Paris. In partnership with Tahaluf, we successfully piloted a new education program in Riyadh, "UFI Exhibition Essentials" for new colleagues in the industry. At the inaugural UFI Americas Conference in Monterrey, Mexico, we connected members and industry colleagues from across the Americas and beyond. Just last week, as part of our partnership with AEO, SACEOS and SISO, this year's Asia CEO Summit took place in Singapore, where we organized an Asia Association and Advocacy Day event attended by representatives from eight countries in the region . Just last week, UFI supported 2ND Sustainable Events Summit in New York City. A major event held across five UFI regions in one month, demonstrating the skills and commitment of UFI teams around the…
Preview of IMEX America 2024 with Carina, CEO of IMEX Group
LAS VEGAS – Event professionals around the world are preparing to Mandalay Bay Convention Center for IMEX USAwhich will be held from October 8 to 10. Trade Show Executive In conversation with CEO Carina Bauer IMAX Groupoutlined the show’s expected growth and exciting new features and partnerships, including enhanced offerings for first-time attendees. Super strong growth Bauer said IMEX America plans to bring in more new exhibitors than ever this year and increase net square footage. When she spoke to TSE, all key metrics for buyers were flat year-over-year. “As every trade show organizer knows, it’s not how many buyers register, it’s how many show up,” Ball said. “I feel confident in the numbers we are projecting and excited to get the show off the ground.” Additionally, IMEX America is seeing growing demand in North America, South America, the Middle East, the Caribbean and China. “What’s important here is what this demand represents – a strong market with a robust…
HSMAI CEO Bob Gilbert dies
The Hotel Sales and Marketing Association International (HSMAI) Americas Chapter, the HSMAI Foundation and HSMAI Global announced that President and CEO Bob Gilbert passed away on September 19, 2024. In July 2024, the organization announced that Gilbert had retired early due to serious health issues after 30 years as executive leader of HSMAI. Gilbert’s tenure spanned industry-changing events such as the 9/11 terrorist attacks, the 2008 recession and the Covid-19 pandemic. In his final HSMAI Perspective, Gilbert said, “I am so grateful for this incredible journey and the deep relationships I have built with you. I am incredibly proud of the work we have accomplished together to expand the Association’s reach and impact around the world, and I have had so much fun along the way. It has truly been an honor to serve our resilient industry.” Mr. Gilbert was a beloved friend and admired mentor to many in the hospitality industry, he will be missed by the entire hospitality…
Stellantis CEO sees Maserati’s woes as just
Carlos Tavares says Maserati has the right models, it just needs to make them known to the world go through Brad Anderson September 19, 2024 16:31 In the first half of 2024, Maserati sales fell sharply from 15,300 to 6,500. The Italian brand plans to launch a flagship SUV and an electric Quattroporte in 2028. Stellantis reaffirms its commitment to keeping Maserati alive and thriving. Maserati is having a hard time in 2024. In the first half of this year, sales plummeted from 15,300 to 6,500 vehicles, despite having one of the newest product lines in several years. Stellantis CEO Carlos Tavares said marketing was a stumbling block for Maserati. The mid-engined MC20 is the highlight of the current Maserati range. It's not as good as hybrid rivals from McLaren, Lamborghini and Ferrari, but it's an excellent supercar. The latest generation GranTurismo is also a significant improvement over the model it replaces, while the Levante and Grecale SUVs are expected…
Seattle Convention Center appoints new CEO » Exhibit City
Submitted by: Loni Syltebo, Seattle Convention Center SCC welcomes the first female CEO in the organization’s 36-year history. SEATTLE – The Seattle Convention Center Board of Directors announced today the appointment of Jennifer LeMaster as its new president and CEO, effective September 16, 2024. She will become the center’s first female CEO, succeeding Jeff Blosser, who retired earlier this year. The unanimous selection follows a comprehensive CEO search process conducted by the Board through the efforts of the Board Search Committee to appoint a next-generation leader with extensive strategic planning, hospitality management and economic development experience who can advance the Washington State Convention Center Public Facilities District’s mission in the years ahead. “Jennifer’s extensive experience in the industry, her talent for developing strategy, and her track record of developing and motivating diverse teams make her the perfect leader to lead SCC into the future,” said Frank Finneran, chairman of the board. LeMaster’s 26-year career began in the University Athletics Department…
Seattle Convention Center welcomes new CEO
The Seattle Convention Center, located in downtown Seattle, Washington, named industry veteran Jennifer LeMaster as CEO in mid-September. She succeeds Jeff Blosser, who retired earlier this year, and is the first woman to hold the position at the venue. The appointment was unanimously approved by the center’s board of directors.Jennifer LeMaster || Photo: Sean Cokes“With her extensive experience in the industry, her talent for strategy and her proven track record of developing and inspiring diverse teams, Jennifer is the ideal leader to lead the Seattle Convention Center into the future,” said Frank Finneran, chairman of the board, in a prepared statement. “The board’s goal was to bring in someone with deep experience in strategic planning, hospitality management and economic development to advance the Washington State Convention Center Public Facilities District’s mission in the years ahead.LeMaster’s career spans 26 years, beginning as the University of Kentucky Athletic Association’s director of collegiate athletics in marketing and special events. He then moved to…
Stellantis dealers angry at CEO Tavares
The National Dealer Council sent a scathing open letter to Stellantis CEO Carlos Tavares. The letter criticized Tavares for "reckless short-term decision-making" that led to the "disaster." Strantis responded that "public personal attacks" were not the way to solve the problem. It seems like Stellantis has been keeping itself busy lately. Its U.S. dealer network is under fire, holding CEO Carlos Tavares accountable for the rapid decline of the automaker's brand. And it's not just complaints -- they've sent an open letter asking him to allocate more funds to clear out old inventory and reinvigorate their American brand. The message from dealers is clear: fix the problem or watch their lots become a graveyard for unsold cars. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); The leadership of the Stellantis National Dealer Council (NDC), which represents the dealer network and its employees, accused CEO Carlos Tavares of…
Maruti Suzuki CEO: Exports to triple by 2030
Maruti Suzuki's exports increased by over 1.85 lakh units from FY21 to FY24. Hisashi Takeuchi said that in order to reduce carbon emissions, the company plans to use multiple technologies in its cars for the domestic market. Maruti Suzuki India (MSI) plans to significantly increase its overseas exports by 2030, its managing director and chief executive Hisashi Takeuchi said. The company's international shipments will "grow exponentially" in the coming years, he said at the 64th annual conference of industry body SIAM. "There is no reason why India should not target a big piece of the global trade pie," Takeuchi said. "As Maruti Suzuki, I can tell you that we are not talking about percentage growth, we are talking about exponential growth. So, our exports in India today are three times what we were four years ago. Not only that, about six years from today, our exports will be three times what we are today." The company is already exporting some…
Former Volkswagen CEO faces trial nine years after emissions scandal
The charges Martin Winterkorn faces include fraud, market manipulation and illegal false testimony. The former CEO's trial has been repeatedly delayed due to health problems. Testimony during the trial is expected to last approximately 90 days. Former Volkswagen CEO Martin Winterkorn appeared in a German court on trial charged in connection with the Volkswagen dieselgate scandal that rocked the auto industry in September 2015. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Winterkorn had asked the judge to postpone the trial because he said he was in poor health. However, the judge rejected the 77-year-old's request. He faces multiple charges including fraud, market manipulation and illegal perjury before a parliamentary committee. Winterkorn denies all charges and maintains his innocence. READ: Volkswagen faces union anger over planned plant closures Prosecutors believe Winterkorn knew that Volkswagen was using illegal software to cheat diesel vehicle emissions tests. The software detected…
CEO Update: September 2024
Dear colleagues and members, In August, the UFI Members delegation had two special events: We had the opportunity to take a delegation behind the scenes of the Paris Olympics "German House" thanks to our colleagues at Messe Düsseldorf. The Olympics really made Paris more special, and quite a few UFI Members were involved, including Viparis, GL Events and many others. We also led a UFI delegation to India on a three-day whirlwind tour of Mumbai and Delhi. We visited all the new and expanded venues in both cities, met with policymakers and the very active board of our member association IEIA, and discussed how we can better collaborate to further develop the Indian exhibition industry - for more information, see the rest of this UFI Info. September is busy, with UFI events every week: these words are written on the way to Riyadh to pilot our new entry-level education program. As you read this, we will welcome UFI leadership to…
Polestar appoints former VinFast and Nikola exec to replace CEO
Michael Lohscheller's appointment comes after Polestar 3 began U.S. production. With its share price still below the $1 per share threshold, Polestar faces the risk of being delisted from Nasdaq. The company's global sales fell 40% in the first quarter, putting pressure on its new CEO to drive growth. Since the Polestar brand was spun off as an electric car manufacturer, it has been led by Thomas Ingenlath. However, on October 1, he will be replaced by Michael Lohscheller, an industry veteran the company hopes will steer the company in the right direction. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); It's no secret that Polestar is having a rough time. Its shares have fallen in recent months and it's at risk of being delisted from the Nasdaq for trading below $1 per share. In the first quarter, its global sales fell 40%, with just 7,200 units…
Ford CEO calls Dark Horse a sub-brand, possibly hinting at the future
Ford CEO Jim Farley recently described Dark Horse as a sub-brand similar to Raptor and Tremor. This suggests that more "dark horse" variants may emerge. Currently, the Dark Horse collection includes a coupe that costs $68,275 and a race car that costs $145,000. Ford held its second-quarter earnings call nearly a month ago, but one interesting detail seemed to have been overlooked: Ford CEO Jim Farley referred to Dark Horse as a sub-brand during his opening remarks. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Specifically, the executive said, "We ... took our portfolio from too many generic vehicles and infused it with passion and purpose. We created the iconic F-Series and Transit lines, as well as passion vehicles like Mustang and the new Bronco line, and sub-brands like Raptor, Tremor and Dark Horse." MORE: Ford woos dealers with four-door and off-road Bronco models This is interesting…
Ryder CEO: Electric vehicle technology needs an inflection point to work
May 23, 2024 For Ryder System CEO Robert Sanchez to double down on electric vehicles, there needs to be a catalyst that makes the technology more economical and operational in the commercial trucking industry. During his keynote at this year’s ACT Expo in Las Vegas, Sanchez was outspoken about how he sees electric trucks fitting into his fleet. “From our perspective, for commercial electric vehicles to work in the real world, we need breakthroughs in battery technology and expanded charging infrastructure. We need an inflection point, a credible technological breakthrough that drives mass adoption of new technologies,” Sanchez said, citing the evolution of the cell phone industry since 1984 and the launch of the Motorola DynaTAC 8000X as an example. “It weighed two and a half pounds, provided 30 minutes of talk time on a single charge, and took 10 hours to fully charge. The price of this breakthrough was $12,000 in today’s currency.” Fast forward to today, technology has…
GM CEO Mark Reuss pledges investment in internal combustion vehicles amid shift to electric vehicles
“You have to keep investing in combustion vehicles,” GM’s president said of the automaker’s flexibility in building both electric and combustion vehicles. go through Chris Chilton 13 hours ago GM President Mark Reuss said the company will continue to invest in combustion technology as it transitions to electric power. The automaker said its manufacturing setup is flexible enough to accommodate changes in consumer demand between ICEs and EVs. GM recently delayed the launch of its Chevrolet Silverado EV and GMC Sierra EV trucks because the electric vehicle market has not matured as expected. GM President Mark Reuss said GM will continue to invest in combustion technology in the coming years as the automaker and the industry transition to electric power. At the CAR Management Briefing Seminar, Reuss updated attendees on GM's flexible production strategy, which helps protect it from changes in customer demand, and reiterated his commitment to ICE. GM has dedicated electric and internal combustion engine plants, as well…
CEO Update: June 2024 Edition
Dear colleagues and members, In recent weeks, at various industry events, I have had many conversations with UFI members from around the world, as well as colleagues from other event industry sectors. In many cases, we ended up discussing expectations of UFI and other industry associations. Specifically, questions around what members (whether businesses or individuals) expect to get in return for their membership fees. What is the "deal", what are the expectations, and how can associations deliver on those expectations? Essentially – and this is what we come to in many of these conversations – successful associations have moved from a transactional relationship between members and industry bodies to becoming the home or host of industry communities. This is a particular focus for our industry as events are meant to bring people together. While many businesses benefit from the information, data, research, educational services and branding that associations provide, the more successful associations grow faster because they benefit from active…
CEO Update: July/August 2024
Dear colleagues and members, What a great week we had in Zurich in June – welcoming 300 members and colleagues from over 40 countries to various conferences, including the European Conference. It was certainly a memorable week for all of us who attended (thanks in no small part to our organisers, Messe Zurich) – and according to our social media analytics, the events generated a lot of posts and images online. This is made possible in part by an AI-driven service we launched at past events with our event photographer and photo platform partner, Memento. The team focused on capturing the best moments with attendees – using live photography technology, they upload photos to our UFI app. Attendees receive their photos in real time. Using AI, each guest is instantly notified and connected to a personalized gallery of photos featuring them directly, ensuring a private and seamless experience. We’ll be sharing the methodology and metrics as a case study on…
Snapchat CEO faces lawsuit over 107 mph crash
In 2015, a Georgia man suffered permanent brain damage after he was knocked out by Christal McGee while using a now-defunct app go through Chris Chilton July 31, 2024 15:10 Snapchat's current CEO must answer questions about his company's speed filter as part of a lawsuit over a 2015 Georgia highway crash. Crystal McGee was driving at 107 mph when she struck Wentworth Maynard, leaving him with permanent brain damage. In 2021, Snapchat pulled its controversial filter that superimposed your speed over what your phone’s camera saw. Social media giant Snapchat has been unable to shake off the negative publicity surrounding its controversial “speed filter,” even though the company withdrew the feature in 2021. Last week, a Georgia judge ruled that current Snapchat CEO Evan Spiegel must be questioned in a case involving a woman who was involved in a high-speed collision while using the app, seriously injuring the driver of another vehicle. Snapchat’s speed filter, a digital speedometer that…
Colleagues use Deepfake to discover Ferrari CEO impersonator
The executive was smart, and to confirm his identity, he asked a personal question Earlier this month, a Ferrari executive was the target of a deepfake scam. The scammer used artificial intelligence software to impersonate Ferrari's CEO on the phone, asking for help with the deal. Fortunately, the executive didn’t fall for it, and the scammer quickly hung up the phone. The rapid rise of artificial intelligence has given scammers new tools to deceive victims—even those in high positions. A recent deepfake scam targeted a Ferrari executive who received several messages and calls purportedly from the company’s CEO, Benedetto Vigna. Fortunately, the unnamed executive was able to outwit the imposter by asking a personal question as a means of identification. It all started with a string of messages on WhatsApp. Someone posing as Ferrari’s CEO asked for help with an urgent and supposedly confidential acquisition. The messages came from different phone numbers, but the profile photo showed Vigna standing in…
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