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| Virus tracing to be built into your smartphone |
9/3/2020 |
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Apple and Google on Tuesday launched the second phase of their “exposure notification” system, designed to automatically alert people if they might have been exposed to the coronavirus.
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| Another vaccine reaches phase III trial |
9/3/2020 |
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AstraZeneca announced Monday its vaccine candidate has entered the final testing stage in the U.S. The Cambridge, England-based company said the study will involve up to 30,000 adults from various racial, ethnic and geographic groups.
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| .Chevrolet unveils its 2021 Bolt, a new EUV |
9/3/2020 |
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The platform is described as a combination of traditional cruise control, LiDAR, 3D mapping software, GPS technology, and a network of sensors that work together to keep a vehicle in its lane, while facial recognition software ensures the driver is keeping their eyes on the road. All of this allows for nearly autonomous driving, but only on highways.
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| Samsung to switch to 15Gb 10nm class LPDDR5 mass production |
9/2/2020 |
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Built on Samsung’s third-generation 10nm-class process to support extreme ultraviolet (EUV) technology, the new 16Gb LPDDR5 boasts the highest mobile memory performance and largest capacity to enable more consumers to enjoy the full benefits of 5G and artificial intelligence features in next-generation smartphones.
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| China’s manufacturing see small growth |
9/1/2020 |
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The monthly purchasing managers’ index released by the Chinese statistics agency and an industry group declined to 51 from July’s 51.1 on a 100-point scale on which numbers above 50 indicate activity increasing.
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| SMIC reports foundry revenue and profit up |
8/31/2020 |
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SMIC disclosed in its mid-year financial report that revenue surged 29.4% on year to CNY13.16 billion (US$1.92 billion) in the first half of 2020, with gross margin climbing 2.5pp from a year earlier to 23.5%. The company generated net profits of CNY1.39 billion, up a robust 329.8% from the same period in 2019.
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| White House is looking for ways to ease airline furloughs |
8/28/2020 |
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President Donald Trump's chief of staff, Mark Meadows, said Wednesday that "if Congress is not going to work, this president is going to get to work and solve some problems. So hopefully we can help out the airlines and keep some of those employees from being furloughed.”
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| Fed to keep interest rate near zero and loosen allowance for inflation |
8/28/2020 |
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The change means the Fed is prepared to tolerate a higher level of inflation than it generally has in the past. And it means that borrowing rates for households and businesses — for everything from auto loans and home mortgages to corporate expansion — will likely remain ultra-low for years to come.
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| U.S. GDP shrank 31.7% in Q2 |
8/28/2020 |
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The U.S. economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the viral pandemic, the government estimated Thursday. It was the sharpest quarterly drop on record.
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| American Airlines to cut 40,000 jobs |
8/27/2020 |
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The airline said 23,500 employees have accepted buyouts, retired early or taken long-term leaves of absence, but that was not enough to avoid involuntary cuts.
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