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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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| U.S. to sell military drones to Taiwan |
11/5/2020 |
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The State Department said Tuesday it had Ok'd Taiwan’s purchase of four “weapons ready" remotely piloted aircraft and related equipment. The move is likely to infuriate China, which regards Taiwan as a renegade province and has reacted angrily to previous weapons sales' announcements to the island.
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| Amazon officially put its "Dash Smart" scale pallet for sale |
11/5/2020 |
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A year ago, Amazon Business had begun testing a new smart shelf concept — a connected smart scale aimed for keeping office supplies in stock. Testing is now complete, and the B2B e-commerce giant's new Dash Smart Shelf is now available to purchase for Amazon Business customers and consumers.
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| U.S. one moth trade deficit dipped $63.9 billion |
11/5/2020 |
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The gap between what the U.S. sells and what it buys abroad fell to $63.9 billion in September, a decline of 4.7%, from a $67 billion deficit in August, the Commerce Department reported Wednesday. September exports rose 2.6% to $176.4 billion, while imports ticked up 0.5% to $240.2 billion.
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| Construction and auto sales fuel manufacturing output |
11/4/2020 |
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The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose by 3.9 percentage-points to a reading of 59.3% last month, up from 55.4% in September.
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| A federal judge postponed TikTok ban again |
11/4/2020 |
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U.S. District Judge Wendy Beetlestone on Friday blocked an upcoming Commerce Department action that would have effectively banned TikTok in the U.S. by cutting it off from vital technical services.
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| World's largest IPO postponed |
11/4/2020 |
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The Shanghai stock exchange cited regulatory changes in Ant's industry and a possible failure to meet disclosure requirements but gave no details.
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