Ford EV owners can use Tesla’s network

Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but there’s a hitch.

They’ll need to get an adapter that Ford will provide for free, although the company won’t start shipping those until the end of this month.

In May, Ford became the first automaker to reach an agreement with Austin, Texas-based Tesla to charge on its network, which is the largest and most well-placed in the U.S.

Tesla has more than 26,000 plugs and nearly 2,400 Supercharger stations across the U.S. and Canada. Ford said its owners will have access to about 15,000. Tesla fast-charging plugs that are located strategically along travel corridors. Ford owners won’t be able to use some older Tesla plugs.

Most other automakers followed Ford in joining Tesla’s network and agreeing to switch to Tesla’s plug, called the North American Charging Standard, which is smaller and easier to use than the current plugs on most other EVs sold in the two countries.

Oprah exiting WeightWatchers

Oprah Winfrey is leaving WeightWatchers board of directors and donating all of her interest in the company to a museum.

Shares of WW International Inc. tumbled more than 23% in Thursday morning trading.

Winfrey, who told People magazine in December that she was using a weight-loss medication, has served on the company’s board since 2015. She will not stand for reelection at WeightWatchers annual meeting in May.

WW International said in a regulatory filing that Winfrey’s decision “was not the result of any disagreement with the company on any matter relating to the company’s operations, policies or practices.”

The size of its board will go from 10 to nine members following its annual meeting, the New York company said.

According to FactSet, Winfrey’s stake of about 1.1 million shares made her the company’s largest individual shareholder, with a stake of 1.43%.

Winfrey said that she will donate her interest in WeightWatchers to the National Museum of African American History and Culture, part of the Smithsonian Institution in Washington.

The company said that it supports Winfrey’s decision to donate all of her stake to the museum during WeightWatchers upcoming trading window this month.

Electronic Arts cutting 5% of jobs

Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years.

The video game maker said in a regulatory filing that its board approved a restructuring plan that includes the layoffs, as well as closing some offices or facilities.

The Redwood City company had 13,400 workers globally as of March, 31, according to a filing.

“While not every team will be impacted, this is the hardest part of these changes, and we have deeply considered every option to try and limit impacts to our teams,” CEO Andrew Wilson said.

Electronic Arts estimates incurring about $125 million to $165 million in total charges related to the restructuring. The company anticipates approximately $50 million to $65 million in charges associated with office space reductions and about $40 million to $55 million related to severance and employee-related costs.

Compiled from Associated Press and Bloomberg reports.