In one word: Below-expected iPhone sales will have disappointed Apple, but Samsung reaped the benefits. Not selling enough phones meant that Cupertino ordered fewer OLED panels than stipulated in his contract with Samsung. As such, Apple had to pay its rival a fine of around $ 950 million. In last …
Read More »Monthly Archives: July 2020
Shares of cloud company nCino soar 154% in commercial debut
Shares of nCino Inc. NCNO, + 159.71%, A maker of cloud-based software provider for financial institutions, it shot up 154% in its commercial debut on Tuesday, after the company valued its initial public offering above an already increased price range. The IPO is priced at $ 31 late Monday. The …
Read More »Huawei 5G kit must be removed from the UK by 2027
UK mobile phone providers are banned from buying new Huawei 5G equipment after December 31, and they must also remove all of the Chinese firm’s 5G kit from their networks by 2027. Digital Secretary Oliver Dowden informed the House of Commons of the decision. It follows sanctions imposed by Washington, …
Read More »A 9-year-old boy from New Orleans is the last child victim of gun violence in the U.S.
“We as a society are talking about social justice versus social injustice. We as a community must look at ourselves,” New Orleans Police Chief Shaun Ferguson told reporters at the scene. The 9-year-old boy was pronounced dead at the scene of the shooting in New Orleans’ Seventh Ward, according to …
Read More »Existing drug may degrade COVID threat to common cold level – Jerusalem study
An existing drug may “downgrade” the level of danger from the coronavirus to that of a common cold, says a Jerusalem researcher, after testing it on infected human tissue. Professor Yaakov Nahmias says his research shows that the new coronavirus is so cruel because it causes lipids to deposit in …
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