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| Google overcame antitrust argument to acquire Fitbit |
1/18/2021 |
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Google makes most of its money by selling ads based on information it collects about its billions of users’ interests and whereabouts. Privacy watchdogs feared it might exploit Fitbit to peer even deeper into people's lives.
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| traffic death toll rises in the middle of lockdown |
1/18/2021 |
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The National Highway Traffic Safety Administration estimates that 28,190 people died in traffic crashes from January through September of last year, up from 26,941 in the same period of 2019. Final statistics for the full year won't come out until fall. Authorities blamed the increase on risky driving behavior that developed when there were few vehicles on the road early in the pandemic.
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| Machine Artificial Intelligence will get out of scientist hands one day |
1/15/2021 |
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Using theoretical calculations, an international team of researchers, including scientists from the Center for Humans and Machines at the Max Planck Institute for Human Development, shows that it would not be possible to control a super-intelligent AI. The study was published in the Journal of Artificial Intelligence Research.
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| Layoffs spiked in November |
1/14/2021 |
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Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has brought about another wave shutdowns of restaurants and bars and hobbled consumer spending.
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| Apple to work with Hyundai on “Project Titan” |
1/14/2021 |
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Apple expects to sign a deal with Hyundai to make its cars. The initial version of the article, according to Reuters, indicated that the companies planned to make 100,000 vehicles per year either at the automaker’s existing Kia plant in Georgia or at a new factory.
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| MediaTek revenue climbed 30.8% |
1/13/2021 |
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MediaTek contracts mainly TSMC to fabricate its 5G mobile chips, and has landed orders for major China-based brands' new models slated for launch in the first quarter.
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| Staples still want Office Depot after FTC rejection five years ago |
1/13/2021 |
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Staples’ parent company, USR Parent, has made a $40-per-share acquisition proposal to Office Depot’s Parent Company, ODP Corp. Valued at $2.1 billion overall, the offer is approximately 61 percent above ODP’s average share closing price over the previous 90 trading days, according to USR Parent.
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| Intel in talk to use outside foundries |
1/12/2021 |
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The Santa Clara, California-based chipmaker had approached Samsung Electronics and Taiwan Semiconductor Manufacturing Co. (TSMC) about a potential partnership, according to the sources. Talks with Samsung Electronics are at a more preliminary stage, the sources added.
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| U.S. puts retalitive tariff towards French goods on hold |
1/11/2021 |
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Negotiations on a global tech tax deal at the Organization for Economic Cooperation and Development stalled after the Trump Administration pulled out last summer. France and others hope that the Biden Administration will be more amenable to reaching a deal.
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| SBA to push another round of funding for small business |
1/11/2021 |
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The Small Business Administration and the Treasury Department are preparing to revive the PPP five months after its first two rounds of funding ended. In the latest round, businesses that received loans last year will be able to borrow up to $2 million as long as they have no more than 300 employees and suffered at least a 25 percent drop in quarterly revenue.
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