Business – Page 31 – PressClub World

11. 8. 2020 No Responses

400 Security Flaws In Qualcomm’s Snapdragon CPUs

Qualcomm turn over 1 Billion Android phones into spying tools. More than one billion Android phones may be compromised as researchers found 400 vulnerabilities in Qualcomm’s Snapdragon chips, which are standard in smartphones and other gadgets. Snapdragon system-on-a-chip products can...

10. 8. 2020 No Responses

Space industry is moving to ‘leadership by seasoned execs’

The space industry is moving “from a small community of space enthusiasts to leadership by seasoned execs,” says Chad Anderson, managing partner at Space Capital. “We’re going into a phase where we’re moving from startup really to growth,” Anderso...

8. 8. 2020 No Responses

2023 Cadillac Lyriq Revealed

It won’t go into production for two more years but will be the first use of GM’s modular EV platform and Ultium battery technology. Cadillac wants you to know that the Lyriq may just be a “show car” at this stage,...

6. 8. 2020 No Responses

Toyota’s Q1 profit nearly wiped out

Toyota’s profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen...

5. 8. 2020 No Responses

Virgin Atlantic files for bankruptcy protection

Virgin Atlantic, the European carrier founded by British entrepreneur Richard Branson, on Tuesday filed for debt relief in the U.S. as the toll of the coronavirus on the airline industry continued to mount. The company said it is not technically bankrupt and...

4. 8. 2020 No Responses

The World Is Facing A Solar Panel Waste Problem

Solar panel installations hit a total 629 GW last year–an increase of 12 percent from 2018. It was also a lot—really a lot—of panels. And in a few years, these panels could become a major waste management headache. Solar panels...

4. 8. 2020 No Responses

Raytheon Technologies 2Q Results & Outlook

Technologies Corporation (NYSE: RTX, Market capitalization: $86.59 billion), a leading aerospace and defense company, reported robust 2Q20 results, beating the consensus revenue and Adjusted EPS comprehensively. The Company reported an adjusted sales of $14.3 ...

3. 8. 2020 No Responses

TikTok countdown: Trump to give Chinese owner 45 days ultimatum

United States President Donald Trump has agreed to give China’s ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp, two people familiar with the matter told the Reuters News Agency. US officials have said...

1. 8. 2020 No Responses

Apple’s partners and Samsung apply for India’s $6.6 billion program

Apple’s partners and Samsung apply for India’s $6.6 billion local smartphone production program. South Korean giant Samsung, Apple’s contract manufacturing partners Foxconn, Wistron and Pegatron, and Indian smartphone vendors Micromax and Lava among ...

1. 8. 2020 No Responses

Bullying works! ByteDance Caves To Trump

ByteDance caves to Trump, agrees to sell 100% of TikTok to Microsoft. President Trump’s insistence that the White House will ban the social-media app TikTok from the US triggered a wave of hysteria among users of the app: whatever will the...

29. 7. 2020 No Responses

Boeing Posts Massive Loss, Burns $5.3 Billion As Debt Explodes

Boeing reported another dismal quarter, helping the company emerge as one of the companies most directly impacted by the global covid pandemic. For the second quarter Boeing, which said that results are still significantly impacted by Covid-19, reported a 25%...

28. 7. 2020 No Responses

Fed Extends Emergency Lending Programs Through End Of Year

US stock prices are at record highs and credit spreads near record lows amid hopes and prayers for the v-shaped recovery which has already sent US macro surprise data soaring. But, it appears The Fed is not buying the bounce...

25. 7. 2020 No Responses

Gundlach Says “Classic Bear Market Rally” Reminds Him Of 1999 Dot.com Bubble

Jeffrey Gundlach, the billionaire chief investment officer of DoubleLine Capital, was quoted by Reuters on Friday as saying the stock market’s parabolic move in the last couple of months reminds him of the days right before the Dot Com bust. Gundlach,...

24. 7. 2020 No Responses

Intel’s 7nm is Crap, Company Announces Delay Until 2022, 2023

Intel announced today in its Q2 2020 earnings release that it has now delayed the rollout of its 7nm CPUs by six months relative to its previously-planned release date, undoubtedly resulting in wide-ranging delays to the company’s roadmaps. Intel’s...

22. 7. 2020 No Responses

Hedge Fund Flows Are All That Matter

Hedge Fund Flows Are All That Matter, New Study Finds. With every passing day, the bizarre central banks orchestrated freakshow that was once known as the “market” gets even more bizarre. And we use the term “market” in its loosest, l...

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