Major news organizations are joining the growing chorus of companies pushing for more favorable terms in Apple Inc.’s App Store, a crucial link to new digital customers. In a letter to Apple CEO Tim Cook on Thursday, a retailer representing the New York Times, the Washington Post, The Wall Street …
Read More »Target sales are jumping as pandemic speed e-commerce shift
The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
Read More »Nvidia’s server company is earning gaming chips for the first time as revenue, forecasting away
The revenue and forecast of Nvidia Corp. wanted Wednesday past expectations, despite the COVID-19 pandemic, because the data center chips for the company for the first time broke more money than the gaming specialist’s core business. Nvidia NVDA, -0.99% reported second-quarter fiscal net income of $ 622 million, or 99 …
Read More »Stock market ignores restrictions of Trump administration. Here’s why it should not.
Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
Read More »What the American Crackdown on Huawei means for the chip sector of Europe
Text size Kevin Frayer / Getty Images The European chip sector was under pressure on Tuesday when the cold wind of fracturing relations between US and China blew its way. The sector has benefited from the fruits of a global tech rally driven by the need for gadgets and computers …
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