Now that coronavirus deaths exceed 9,000 in California, health officials in Los Angeles County are investigating a deadly outbreak at a food processing plant in Commerce and issued another urgent petition for companies and employees to report the COVID-19 cases. The county is examining the deaths of two employees at …
Read More »Nvidia reportedly in ‘advanced talks’ to buy ARM for more than $ 32 billion
SoftBank is rumored to be exploring a sale of ARM, the British chip designer that powers almost all of the major mobile processors from companies like Qualcomm, Apple, Samsung, and Huawei – and now, it could have found a buyer. Nvidia is reportedly in “advanced talks” to buy ARM in …
Read More »Facebook’s ad business pandemic is better than Google’s
Facebook CEO Mark Zuckerberg speaks during the Facebook Developers F8 conference on April 30, 2019 in San Jose, California. Justin Sullivan | fake pictures Although the tech giants have proven relatively resilient to the pandemic’s worst impact on the advertising industry, it still hurt: Facebook still experienced the slowest revenue …
Read More »Big tech gains on the rise during pandemic as economy crashes
(Bloomberg) – America’s largest technology companies are thriving in a pandemic that has increased dependence on their products and services, while affecting the rest of the economy. Quarterly results from Apple Inc., Amazon.com Inc., Facebook Inc and Alphabet Inc. showed Thursday that the industry is capitalizing on the crisis as …
Read More »Bankrupt Pier 1 becomes a walking zombie
Retail Ecommerce Ventures (REV), an investment firm that buys besieged brands, is paying $ 31 million for the dying name of the home goods and intellectual property retailer. The goal is to restart Pier 1 online and create a “strong e-commerce future for the brand,” the firm said Friday. Pier …
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