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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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| SoftBank has pulled out of the red |
11/10/2020 |
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The Tokyo-based company reported a 627 billion yen, or about $6.1 billion, profit in July-September, compared with a loss of 700 billion yen in the same quarter of 2019. SoftBank said its quarterly sales rose nearly 5% to 1.35 trillion yen, or $13 billion, from 1.29 trillion yen.
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| Pfizer vaccine is 90% effective |
11/10/2020 |
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Dr. Anthony Fauci, the government's top-infectious disease expert, said the results suggesting 90% effectiveness are “just extraordinary," adding: "Not very many people expected it would be as high as that.”
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| Qualcomm to lean back on 5G datacenters |
11/9/2020 |
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It appears that Qualcomm's interest in the datacenter has been renewed. At the moment it is still unclear as to what the company plans to do when it comes to datacenters but The Register believes that Arm's chips will play a big role.
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| Fed decided to keep interest at the bottom |
11/6/2020 |
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The central bank has been buying Treasury and mortgage bonds to hold down long-term borrowing rates to encourage spending. And it has kept its key short-term rate, which influences many corporate and individual loans, near zero.
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