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| Tesla stock to be added to the S&P 500 index list |
11/18/2020 |
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Tesla became eligible to join the S&P 500 after posting its fourth consecutive profit in the second quarter of this year. However, it was not selected for inclusion in the index in September by the index committee at S&P Dow Jones Indices.
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| Government to use trial data to determine who to get vaccine first |
11/18/2020 |
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Once a vaccine gets a green light from the Food and Drug Administration, the panel will look at clinical trial data on side effects and how people of various ages, ethnicities and health statuses responded. That will determine the panel's recommendations to the CDC on how to prioritize shots.
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| Huawei divest its low end smartphone brand |
11/18/2020 |
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The sale announced Tuesday is aimed at reviving Honor by separating it from Huawei’s network equipment business, which Washington says is a security threat, an accusation Huawei denies. It is under sanctions that block access to most U.S. processor chips and other technology.
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| TSMC employees to get a 20% pay raise |
11/17/2020 |
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TSMC said the salary hike is part of wage structure adjustments in which the chipmaker will raise the ratio of regular salary as part of total earned income relative to non-regular wages, such as bonuses.
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| Apples' iPhone tracking comes in as a legal question |
11/17/2020 |
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NOYB says the iOS operating system creates unique codes for each iPhone that allow Apple and other third parties to “identify users across applications and even connect online and mobile behaviour.”
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| 15 countries signed Asian Trade Pack skipping the U.S. |
11/17/2020 |
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The accord will take already low tariffs on trade between member countries still lower, over time, and is less comprehensive than an 11-nation trans-Pacific trade deal that President Donald Trump pulled out of shortly after taking office.
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| SpaceX launched with 4 NASA astronauts |
11/17/2020 |
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The Dragon capsule on top — named Resilience by its crew in light of this year’s many challenges, most notably COVID-19 — reached orbit nine minutes later. It is due to reach the space station late Monday and remain there until spring.
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| Biden's plan to fight off semiconductor competitions from China |
11/16/2020 |
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Biden plans to, “take aggressive trade enforcement actions against China or any other country seeking to undercut American manufacturing through unfair practices, including currency manipulation, anti-competitive dumping, state-owned company abuses, or unfair subsidies.”
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| Propose to tax those who works from home |
11/16/2020 |
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Deutsche Bank proposed a 5% daily tax on each employee that continues to work from home, which could raise tens of billions of dollars for governments. The money could be used to help lower income workers who have taken on greater risk because their jobs can't be done remotely.
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| Holiday Season online shopping delivery delays will not be avoided |
11/13/2020 |
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Brie Carere, chief marketing and communications officer at FedEx. “Like everything else in 2020, this is going to be an unprecedented peak season. We’ve actually seen three years of growth in e-commerce pulled forward. So we are expecting a ton of volume."
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| Get the music sensation without listening to it |
11/13/2020 |
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The technology uses a 3-D sensing module and locates and tracks the ear position sending audio via ultrasonic waves to create sound pockets by the user’s ears. Sound can be heard in stereo or a spatial 3-D mode that creates 360 degree sound around the listener.
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| Walmart teams up with the General Motors to test autonomous delivery |
11/12/2020 |
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Battery powered Chevrolet Volt vehicles will begin deliveries in Scottsdale early next year. At first they'll have human backup drivers who will monitor the cars and help to deliver packages to doors. But Ray Wert, spokesman at GM's Cruise autonomous vehicle unit, says they'll eventually move to fully autonomous deliveries.
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| China auto sales rebounded in October |
11/12/2020 |
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China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year’s first 10 months still were below pre-virus level.
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| European Union regulators filed antitrust charges against Amazon |
11/11/2020 |
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The EU's executive Commission, the bloc's top antitrust enforcer, issued the charges after it started looking into the company two years ago. Adding to Amazon's regulatory headaches, EU officials also opened a second investigation into whether the company favors product offers and merchants that use its own logistics and delivery system.
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| TSMC confirms plan to build $3.5 billion plant in Arizona |
11/11/2020 |
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Last year, the U.S. Government Accountability Office said in a report that relying on foreign chip producers reduced costs but “can also make it harder" for the military to get supplies if governments cut off access.
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| Profit dropped at major memory companies |
11/10/2020 |
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Apacer reported revenue grew by a slight 0.45% on quarter to nearly NT$1.7 billion in the third quarter, when gross margin slid 5.47pp to 11.03%. Innodisk generated revenue of NT$1.63 billion in the third quarter, down 15.1% sequentially, when net profits declined 21.1% on quarter to a seven-quarter low of NT$194 million.
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| Astronauts readying for SpaceX’s second crew launch |
11/10/2020 |
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The crew of three Americans and one Japanese are scheduled to rocket away Saturday night, provided approaching Tropical Storm Eta doesn’t interfere. It will be a speedy trip to the space station, a six-orbit express lasting under nine hours.
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