Shares of Intel fell more than 10% on Friday morning, a day after the company’s third-quarter earnings confirmed a new weakness in its data center business and delays in its latest pay-generation chips. Intel’s data center group, which generates revenue for enterprises and government customers, saw a 7% decline in …
Read More »Tech giants risk a 2001-style valuation collapse, says colored sockgen strategist
Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
Read More »Final approvals to Ant Group for its huge Hong Kong, Shanghai IPO
GUANGZHOU, China – Ant Group has approved the final regulatory hurdle for its large initial public offering fringe (IPO), its share price will be issued next week. On Wednesday, the China Securities Regulatory Commission gave the green light to Ant Group’s list of Shanghai and Hong Kong. It was then …
Read More »The success story of Google Pal services, encouraged by the huge Google payments
November Paul’s Chief Executive Officer Fisher Tim Cook is speaking at the 2019 Dreamforce Convention in San Francisco on November 19, 2019. David Paul Morris | Bloomberg | Getty Images The Justice Department’s anti-trust lawsuit against Google focuses on deals signed on mobile devices and web browsers as the default …
Read More »Beetle armor gives the key to hard planes
NEW YORK (AP) – It’s a beetle that can withstand bird droppings, animal rocks and be rolled by a Toyota Camry. Now scientists are studying what the crush-resistant shell of a bug can teach them about the formation of strong planes and buildings. “This beetle is very tough,” said Pablo …
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