|
 |
|
| A space company gone bankrupt |
4/6/2020 |
|
OneWeb has spent billions of dollars working to bring high speed, reliable internet via its low orbit satellites. A joint venture with Airbus, called OneWeb Satellite, was responsible for manufacturing the satellites from a plant in Florida. The $300 million plant was just completed in July of last year.
|
|
|
| Tool maker Stanley Black & Decker reduces production |
4/3/2020 |
|
Stanley Black & Decker on Wednesday outlined actions it’s taking to manage business operations amid the expanding impacts of the COVID-19 pandemic, with those actions include major cuts in spending, as well as trimming staff.
|
|
|
| Intel CEO Bob Swan airms at instituting new culture to the company |
4/2/2020 |
|
"Our cultural evolution will be a significant focus for me and the Intel leadership team in 2020," Swan said in his annual letter to customers, partners, stockholders and employees. "Our success evolving our culture will determine how we perform over the next decade and how we fulfill our purpose to create world-changing technology that enriches lives."
|
|
|
| Crisis time exposed the millions without connections |
4/2/2020 |
|
Although efforts to extend broadband service have made progress in recent years, tens of millions of people are still left out, largely because phone and cable companies hesitate to invest in far-flung rural areas. Government subsidies in the billions haven’t fully fixed the problem.
|
|
|
| Xerox given up bidding for HP |
4/2/2020 |
|
The final offer reached $35 billion in cash and stock before Xerox announced it would abandon the takeover attempt.
|
|
|
| Pandemic expose our cyber weaknesses (and strength) |
4/1/2020 |
|
The pandemic lays bare the many vulnerabilities created by society’s dependence on the internet. These include the dangerous consequences of censorship, the constantly morphing spread of disinformation, supply chain vulnerabilities and the risks of weak cybersecurity.
|
|
|
| U.S. consumer confidence tumbled |
4/1/2020 |
|
The Conference Board reported Tuesday that its confidence index dropped to a reading of 120 in March from February's 132.6. It was the lowest reading since the index was at 117.3 in June 2017. The steep decline in March reflected rising worries about the coronavirus during the survey period of March 1-18.
|
|
|
| Historical big recessions ahead |
4/1/2020 |
|
Deutsche Bank expects France, Germany, Italy, Japan, the U.K. and the U.S. to shrink by between 4% and 9% in 2020, figures that in most cases have only been eclipsed in recent decades by war and the Great Depression of the 1930s.
|
|
|
| Tesla’s Buffalo plant to make ventilator parts |
4/1/2020 |
|
This week, medical device giant Medtronic indicated Tesla was one of its partners in its efforts to ramp up production of ventilators — which will likely be needed in the tens of thousands to combat the pandemic in the state.
|
|
|
| IMF economists suggested that we are now in global recession |
3/31/2020 |
|
IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was forecasting a recovery in 2021, saying it could be a “sizable rebound.” But she said this would only occur if nations succeed in containing the coronavirus and limiting the economic damage.
|
|
|
| German PCB supplier increased output for ventilator PCB |
3/31/2020 |
|
To ensure the supply of medical ventilators for coronavirus patients in Germany, the German government has placed several orders with different manufacturers at short notice. The company has responded to this request and its plants at Niedernhall, Rot am See and Schopfheim are able to supply all types of PCBs.
|
|
|
| AP Memory takes IP licensing services model |
3/31/2020 |
|
PSRAM is AP Memory's major offering for customized solutions, while its standard products are designed for profitability. With its newly-added IP licensing business, AP Memory is gearing up for AI and other emerging technology applications.
|
|
|
| 5G standardization work paused |
3/31/2020 |
|
The 3GPP — the global association responsible for standardizing the technology — has now confirmed that it would delay work on Stage 3 of Release 16, and, more worryingly, announced that Release 17 would also be delayed.
|
|
|
| Italy move to idle most manufacturing |
3/30/2020 |
|
After more than two weeks of a nationwide lockdown, the Italian government decided to expand the mandatory closure of nonessential commercial activities to heavy industry in the eurozone's third-largest economy, a major exporter of machinery, textiles and other goods.
|
|
|
| Micron is optimistic on memory demand |
3/27/2020 |
|
Micron Technology Inc. predicted stronger-than-expected revenue helped by a surge in orders from data center operators who are building more capacity to deal with the expansion of people working from home.
|
|
|
| U.S. Airlines to get help from Virus Bill |
3/27/2020 |
|
AIRLINES: Airlines could get a key part of their request — cash grants from taxpayers — under the massive spending bill. The deal includes $25 billion in direct grants and up to another $25 billion in loans or loan guarantees to passenger airlines.
|
|
|
| Auto manufacturers push to restart in April |
3/27/2020 |
|
Auto companies, like other businesses, are trying to manage their way through the coronavirus crisis, which has forced factories to close amid employee concerns that they could catch the virus while working close to others at factory work stations.
|
|
|
|
