Afternoon Coffee: USMCA on way to Congress vote; Degreed grabs Adepto; Payoneer acquires optile

AdobeStock/Nongnuch Leelaphasuk

Read the news of the deal reached on the USMCA agreement — the new NAFTA, or ‘NAFTA 2.0’ —  on our sister site, MetalMiner.

“AFL-CIO President Richard Trumka tweeted Tuesday morning, ‘Make no mistake, we demanded a trade deal that benefits workers and fought every single day to negotiate that deal; and now we have secured an agreement that working people can proudly support. #USMCA’” wrote MetalMiner Editor Fouad Egbaria.

Congress announced its plans to vote on it next week.

Degreed’s Upskilling Platform + Adepto’s Total Talent Solution = Skill Synergy

Degreed, the workforce upskilling platform, announced its acquisition of Adepto,” a Total Talent platform that provides visibility and access to the skill-sets of current, past, and potential workers.” The terms of the deal were not disclosed.

According to the announcement, “Adepto enables organizations to build private Total Talent networks that intelligently match internal and external workers to project, gig, and job opportunities that fit their skills and career goals. It also provides business leaders with easy-to-use tools to track and access the skill-sets and interests of their entire pool of available talent — current and past employees, as well as contractors, freelancers, consultants, and potential new hires.”­

“Paired with Degreed’s award-winning Learning Experience Platform,” Degreed’s CEO, Chris McCarthy, said in a recent Degreed blog post, “Adepto’s technology will give our customers a talent marketplace to enable internal mobility along with the visibility and capabilities to sense and respond to shifts in the demand for skills as they’re happening.”

Payoneer acquires optile

Payments platform Payoneer nabbed optile, "a step towards realizing their vision of building a platform that drives global growth for enterprises, marketplaces and SMBs worldwide, democratizing opportunity and reducing complexity," according to this article.

Optile is a Munich-based tech company "that streamlines payment acceptance processes for merchants worldwide, to boost merchant control of payments," according to the piece.

Keep an eye out for more potential coverage of what this deal means for the payments space from the Spend Matters analyst team.

Apple does not outsource too much to China, says Tim Cook

Apple CEO Tim Cook has rejected criticism that his company "outsources too much" to China.

"We've created well over 2 million jobs in the U.S.," claimed Cook, in an exclusive interview with Nikkei in Tokyo. He gave an example: The glass on the iPhone is made by Corning in Kentucky, while several of the semiconductors are made in the U.S. Cook visited local Apple stores and ink supplier Seiko Advance. While Apple has started to shift production capacity out of China, more than 90% of Apple's products are still assembled in the country, Nikkei reported in June.

Tesla to hike imported Model 3 prices

U.S. electric vehicle maker Tesla plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said. Tesla plans to increase prices of imported Model 3 vehicles with longer range and those with performance function, which are currently priced at 439,900 yuan ($62,495.56) and 509,900 yuan, respectively. completes first coast-to-coast autonomous delivery

The California-based autonomous trucking company has completed its first Level 4 autonomous coast-to-coast delivery, according to The truck completed the 2,800-mile journey in under three days, carrying a refrigerated truckload of Land O' Lakes butter from Tulare, California to Quakertown, Pennsylvania. L4 autonomous vehicles have sufficient technical capabilities to navigate a range of road conditions without a driver. However, for's pilot, a licensed driver and safety engineer were on board at all times.

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