The announcement shows how Amazon, like other big tech companies, has been thriving in the economic chaos of the pandemic. When customers consumed and shopped online, Amazon posted record sales and profits in the last four years. It sold 57 percent more products than a year earlier, doubling profits to …
Read More »SpaceX is now a $ 46 billion unicorn
The company recently completed a $ 1.9 billion financing round, one of the largest single lenders by any company in business, according to public filings and data collected by venture capital data firm Crunchbase. That brings the total valuation of SpaceX to $ 46 billion. The news was first reported …
Read More »Transcript: DNC speech by Kamala Harris
Greetings America. It’s really an honor to talk to you. That I’m here tonight is a testament to the dedication of generations to me. Women and men who so fervently believed in the promise of equality, freedom and justice for all. This week marks the 100th anniversary of the passage …
Read More »Intel stock market jumps on $ 10 billion purchase
Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
Read More »State Department ends three agreements with Hong Kong, over Chinese crackdown on freedoms
The State Department announced on Wednesday that it is ending three agreements with Hong Kong, amid China’s collapse on territorial freedoms – and growing tensions between the US and the communist regime. “The Chinese Communist Party chose to crush the freedoms and autonomy of the people of Hong Kong,” Secretary …
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