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GM CEO anticipates economy to recover by early 2021 7/21/2020 A: We are seeing a recovery. We think it’s going to be a relatively short-lived recession. But we have a long way to go because we went to a pretty low base. The new outbreaks do pose potential setbacks, but we’re hopeful that the U.S. economy will be back to 90% of pre-pandemic levels early next year. There’s a lot of uncertainty. STMicroelectronics to make 2 new technology acquisitions 7/20/2020 STMicroelectronics has signed two agreements in which it has acquired Ultra Wide Band specialist BeSpoon and of the cellular IoT connectivity assets of Riot Micro. Boeing received contract to build F-15EX Jet to carry 22 feet long 7,000 pounds weapons 7/20/2020 The U.S. Air Force has awarded Boeing a nearly $1.2 billion contract to build the first lot of eight F-15EX advanced fighter jets to help the service meet its capacity requirements and add capability to its fighter fleet. Russian hackers been trying hard to steal vaccine formula 7/20/2020 It was unclear whether any useful information was stolen. But British Foreign Secretary Dominic Raab said, “It is completely unacceptable that the Russian Intelligence Services are targeting those working to combat the coronavirus pandemic.” 3M filed 18 law suit on N95 mask infringements 7/20/2020 “The schemes we shut down were not only unlawful, they also endangered lives and wasted precious time and resources by diverting buyers from legitimate sources of much-needed respirators. We will continue to partner with law enforcement and online retailers to take action against profiteers.” China became the first to resume grow since the start of the pandemic 7/17/2020 Growth reported Thursday for the three months ending in June was a dramatic improvement over the previous quarter’s 6.8% contraction —China’s worst performance since at least the mid-1960s. Trump administration threaten visa ban for Huawei employees 7/17/2020 It is not clear how many Huawei employees would be affected. Huawei says on its website that it has more than 194,000 employees in more than 170 countries and regions. Tulsa, Oklahoma continue to pitch for the Tesla Gigafactory 7/17/2020 Musk and other employees flew into town in early July to check out potential sites and meet with Oklahoma Governor Kevin Stitt. Fiat Chrysler be merged with French PSA Group and named STELLANTIS 7/17/2020 What’s now the fourth largest auto company in the world sounds like it’s named after your cholesterol medication. America's only rare earths miner aims to restore U.S. supply chain of rare earth materials 7/16/2020 This business combination and becoming a public company is a key milestone in MP Materials’ mission to restore the full rare earth supply chain to the United States of America. Virgin Atlantic raised $1.8 billion to allow it to resume passenger flights 7/16/2020 Virgin Atlantic is due to resume flights on Monday after suspending passenger services because of the virus. Production at America's factories up 5.4% in June 7/16/2020 U.S. industrial production rose 5.4% in June, the second straight monthly gain after a 1.4% uptick in May. But it was still 10.9% below the level in February before the economy virtually shut down in the face of the coroanavirus. Tyson to develope Robo Butchers 7/16/2020 Tyson is developing an automated deboning system for processing meats as a way of avoiding spreading diseases like COVID-19, along with maintaining productivity during staff shortages and avoiding bottlenecks. Facial recognition company being investigated for abusing data collected 7/15/2020 Clearview AI Inc. came to attention after investigative reports detailed its practice of harvesting billions of photos from social media and other services to identify people. Auto sales in China pulls back 7/15/2020 China’s auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus. Amazon's smart shopping cart eliminates the check out line 7/15/2020 The cart, which Amazon unveiled on Tuesday, uses cameras, sensors and a scale to automatically detect what shoppers drop in. It keeps a tally and then charges their Amazon account when they leave the store. No cashier is needed. Analog Devices to buy Maxim for $20 billion 7/15/2020 The $20 billion acquisition would also give Analog a more defined roll in the development technology for 5G networks and self-piloted vehicles. MediaTek Q2 result top guidance 7/14/2020 MediaTek has reported consolidated revenue climbed 11.1% sequentially to a 14-quarter high of NT$67.6 billion (US$2.3 billion) in the second quarter of 2020. The results beat its guidance. US manufacturing technology orders were 45% lower than in May last year 7/14/2020 “We had predicted that growth in the MT sector would be flat in the first half of 2020; however, it is down about 30 percent due to the impact of the pandemic on the global manufacturing industry,” EV startup Rivian raised another $2.5 billion to build 100,000 Amazon electric delivery vans 7/14/2020 The company has a contract with Amazon to build 100,000 electric delivery vans starting next year at its factory, a former Mitsubishi plant in Normal, Illinois. Rivian also is rolling out a pickup truck and an SUV for sale to consumers next year. Elon Musk has pass Warren Buffett in wealth ranking 7/14/2020 Tesla’s market cap has propelled Musk’s fortune over $70 billion, making him the seventh richest person in the world. A consortium led by UK and India to deploy low Earth orbit satellite networks 7/13/2020 The consortium will use the assets of OneWeb to complete the deployment of a network to offer broadband services to predominantly rural areas, and to develop with partners a novel satellite navigation system. Soitec to supply SAW on POI RF filters to Qualcomm 5G systems 7/13/2020 Soitec announced a business agreement with Qualcomm Technologies to supply high volume POI wafers for RF filters in 4G and 5G smartphone radio frequency (RF) front-end modules. Trump administration to bar the U.S. government from buying from five Chinese companies 7/13/2020 The rule, which was prompted by a 2019 law, could have far-ranging implications for companies that sell goods and services to the U.S. government since they will now need to certify they do not use products from Dahua or Hikvision, even though both are among the top sellers of surveillance equipment and cameras worldwide. TSMC broke record on June sales 7/13/2020 TSMC reported a new company high for June sales Friday, which analysts attributed to solid demand for emerging technologies such as 5G applications and high performance computing (HPC) devices.  184  |  185  |  186  |  187  |  188  |  189  |  190  |  191  |  192  |  193

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