Wednesday, January 27, 2021

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SBA to push another round of funding for small business 1/11/2021
The Small Business Administration and the Treasury Department are preparing to revive the PPP five months after its first two rounds of funding ended. In the latest round, businesses that received loans last year will be able to borrow up to $2 million as long as they have no more than 300 employees and suffered at least a 25 percent drop in quarterly revenue.
Now that the MAX is flying again, Boeing still owes $2.5 billion for the settlement 1/11/2021
The government and the company said Thursday that the settlement includes money for the crash victims’ families, airline customers and a fine.
British regulators to investigate if Nvidia's $40 billion purchase of Arm affects competition 1/8/2021
It will examine whether the deal will give Arm "an incentive to withdraw, raise prices or reduce the quality" of its services to Nvidia's chipmaking competitors.
NYSE flip-flop its decision on delisting Chinese telecom stocks 1/8/2021
The decision marks the latest about-face for the NYSE on whether to delist the companies in accordance with Trump's executive order from November barring Americans from investing in securities issued by companies deemed to be linked to the Chinese military.
Apple put climate change goal into executive bonus formula 1/8/2021
Reuters says the company will modify the bonuses “whether the executives act within the company’s social and environmental values.”
U.S. trade deficit jumped to the highest in 14 years 1/8/2021
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion, the Commerce Department said Thursday.
California Gov. Gavin proposed $4 billion post-pandemic recovery package 1/7/2021
Newsom is set to release his new budget proposal on Friday. But Tuesday, he offered a preview by revealing more than $4 billion worth of state spending aimed at creating jobs and helping small businesses.
Trump orders ban on eight Chinese online payment Apps 1/7/2021
The order marks the Trump administration’s latest attempt to hobble China.
Amazon bought 11 jets 1/7/2021
It's the first time it has purchased planes for its delivery network. Over the past couple of years, Amazon has been leasing planes to build its fleet.
Walgreens sells wholesale business to refocus on drug retail 1/7/2021
Walgreens says it will now have the flexibility to invest in and focus on its retail business which, like others, has been rattled by the COVID-19 pandemic.
U.S. retracted stock delisting on three Chinese telecom companies 1/6/2021
Trump's November order bars Americans from investing in securities issued by companies deemed by the Defense Department to be part of efforts to modernize the Communist Party's military wing, the People's Liberation Army.
U.S. manufacturing grew 1/6/2021
Gauge of manufacturing activity rose to 60.7% last month, the highest reading since it stood at 60.8 in August 2018. The gauge was up 3.2 percentage points from a November level of 57.5.
Teledyne Technologies to acquire FLIR Systems for $8 billion 1/6/2021
FLIR sells cameras and thermal imaging equipment, and Teledyne is likewise known for its imaging and sensor systems. Teledyne called the two companies’ products "uniquely complementary with minimal overlap."
Chinese Communist party will not tolerate even Jack Ma 1/6/2021
Ma’s latest gambit backfired after he called regulators too conservative in an Oct. 24 speech and urged them to be more innovative. They halted the impending stock market debut of Ant Group, an online finance platform that grew out of Alipay. Alibaba’s share price sank.
New FAA drone flying rules to boost commercial usage 1/5/2021
Drones are the fastest-growing segment in all of transportation, with more than 1.7 million under registration, according to the Transportation Department.
U.K. approved the use of AstraZeneca vaccine 1/5/2021
The rollout of the new vaccine comes at a crucial moment for U.K. authorities, who are battling a surge in infections blamed on a new virus variant that authorities have said is much more contagious.
Fiat Chrysler - PSA merger could jeopardize the Chrysler brand 1/5/2021
Analysts say the Chrysler brand could be in jeopardy in the U.S., where it has only two models, the aging 300 sedan and the Pacifica minivan. U.S. sales of the brand were off 19% through October.
Prosecutors seek 9 years prison term for Samsung chief on bribery charges 1/5/2021
A ruling on Lee could send him back to prison on charges that he bribed former President Park Geun-hye and her longtime confidante to get the government’s backing for his push to solidify his control over Samsung.
Quantum technology to improve battery performance 1/4/2021
Researchers at the University of Sussex is using a quantum-based sensor to measure battery behavior, with the expectation that the resulting data can be used to improve battery technology.
Imec presented tiny finFET biosensor 1/4/2021
Due to its high integration and low-cost potential, field-effect transistors (FETs) have gained a lot of interest for biosensing applications such as DNA, protein, and virus detection or pH sensing.
Velodyne joins Qualcomm’s Smart Cities Accelerator Program to promote lidar technology 1/4/2021
Lidar sensors can be used to measure and monitor conditions such as pedestrian safety, vehicle traffic, parking space management, speed measurement, V2X communications, queue and asset management, security and more.
Korea Advanced Institute announced low-noise Brillouin laser for use in self-driving vehicles 1/4/2021
The Brillouin laser is expected to become commercially available in the near future with regard to advanced optical sensor development.
Chinese regulators might force Ant Group to divest 12/31/2020
The plans, which would involve pushing Ant to sell some of its minority shares in operations such as banking-related businesses, are part of a push by watchdog agencies to regulate so-called financial holding companies.
Battery Operated EV (BEV) or Plug-in Hybrid (PHEV)? 12/31/2020
Combined yearly sales of BEV and PHEV in 2020 reached about 2.4 million units, a 19.8% increase YoY. Aside from the vehicles’ sales growth against industry headwinds generated by the COVID-19 pandemic, there has been a noticeable change in the market share and sales ranking of NEV manufacturers this year owing to the increased number of models released as well as the growth of markets outside of China.
DRAM tops semiconductor revenue growth during 2020 12/31/2020
DRAM tops the list with the greatest sales revenue in 2020, followed in second place by NAND flash. Computer and cellphone processors also make the list along with Computer—Special Purpose Logic.
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