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summarize: Razer is upgrading its Kishi mobile gaming grip for 2022.
The Razer Kishi V2 is redesigned around a more-solid sliding bridge, which will allow for wider device compatibility compared to the original pad's flexible bridge. The rubber inserts that hold your phone snug can also be removed, which Razer helpfully says will support "some phones with phone cases." Good luck figuring out if that includes yours.
While the main inputs look unchanged, the V2's switches — the things underneath the buttons that actually register that you're pressing them — have also been reworked, swapping out membranes for the microswitches found in Razer's Wolverine console pad. There are also tweaks to the function keys, with a dedicated 'Share' button added at the front and a pair of programmable bumpers situated next to the shoulder triggers.
The Share button will only work with Razer Nexus, the company's new companion app for Android that it hopes you'll launch your games from. Nexus will also help you discover compatible games, stream your gameplay to YouTube or Facebook, tweak controller settings and program those new bumpers.
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Razer is upgrading its Kishi mobile gaming grip for 2022 with a redesigned bridge, new switches and programmable bumpers.
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summarize: Morgan Stanley raised its price target on Nvidia to $500 and called the stock its "top pick."
Analysts said demand has picked up since the chip maker's blockbuster earnings report last month.
Nvidia is getting orders from customers who weren't thought of as major buyers until now.
Nvidia stock has more room to climb as demand has only picked up since the chipmaker's blockbuster earnings report last month, Morgan Stanley said.
Analysts raised their price target on Nvidia, which has blown away Wall Street with its artificial intelligence chips, to $500 from $450, representing 15% upside from current levels.
That's despite shares already soaring 200% year to date and joining a handful of other tech giants with a market cap of $1 trillion or more.
Morgan Stanley also named Nvidia its new "top pick," taking that moniker away from the previous holder, rival chip stock AMD. Analysts said Nvidia has more near-term upside, predicting it will be the only company that will beat estimates and raise its guidance this calendar year.
"The demand environment for AI training has continued to pick up since NVIDIA reported, with our industry contracts reporting daily new orders from customers that were not contemplated as major customers until now," the note said.
Last month, Nvidia increased its second-quarter revenue forecast to $11 billion, more than 50% above consensus, due to the growing generative artificial intelligence market. The company's AI chipsets help drive the technology behind OpenAI's ChatGPT and Alphabet's Bard chatbots.
Morgan Stanley said there has been a rapid shift in investment away from the traditional server infrastructure and toward AI infrastructure, calling Nvidia the "cleanest story in AI hardware."
"While we have been positive since upgrading the stock earlier in the year, we were nowhere near as optimistic as we should have been," analysts said.
Not only are existing customers accelerating their spending, but there's also strong spending coming from app developers, enterprise IT departments, and even governments, according to the note.
While the numbers may not be sustainable in the long term, Morgan Stanley still sees "higher capital intensity" through the next several years.
"Frankly, the commentary around these markets is more positive than anything we have heard in 29 years of covering semiconductor stocks."
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"While we have been positive since upgrading the stock earlier in the year, we were nowhere near as optimistic as we should have been."
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summarize: (Bloomberg) -- Oil ended slightly lower amid concern that U.S. President Donald Trump may expand his trade offensive, multiplying the economic headwinds already threatening global energy demand.
Futures fell 0.1% in New York on Tuesday after earlier rising as much as 1.2%. As Trump addressed the New York Economic Club, analysts listened for indications about the pace of trade negotiations with China. Meanwhile, the U.S. trade czar prepared to give the president ammunition to hit some European nations with targeted sanctions.
The U.S.-China trade war is casting a pall over the the global growth that underpins energy demand. Morgan Stanley and PVM Oil Associates Ltd. warned that crude prices will slump next year unless OPEC and allied oil producers deepen output cuts.
“We were big on early morning optimism that Trump would have something to say about the trade negotiations,” said Bob Yawger, futures division director at Mizuho Securities in New York. “He didn’t say if anything bad was going to happen or anything good for that matter either so the market was disappointed.”
Morgan Stanley said the international crude benchmark may tumble by almost 30% to $45 a barrel if the so-called OPEC+ alliance doesn’t make steeper supply cuts. Citigroup Inc. and BNP Paribas SA predicted a slide to the low $50s.
“If we don’t make a deal, we’re going to substantially raise those tariffs,” Trump said. “They’re going to be raised very substantially. And that’s going to be true for other countries that mistreat us too.”
See also: OPEC+ Risks Oil Slump Below $50 Without Deeper Supply Curbs
West Texas Intermediate for December delivery fell 6 cents to settle at $56.80 a barrel on the New York Mercantile Exchange.
Brent for January delivery fell 12 cents to close at $62.06 on the London-based ICE Futures Europe Exchange, and traded at a $5.21 premium to WTI for the same month.
The OPEC+ group will meet in Vienna on Dec. 5 and 6 amid questions over whether the biggest producers will be pushing for more output reductions. Saudi Arabia appears to have little appetite for further sacrifices, while others in the alliance -- particularly Iraq and Nigeria -- haven’t delivered on their current commitments. Russia has also signaled it’s not keen on additional cuts.
“The oil market is in a holding pattern -- it cannot make up its mind which way to go in future,” said Tamas Varga, an analyst at PVM in London. “All OPEC can do is decrease their output next year if they are serious about reducing stocks. Anything else would send out the wrong message.”
To contact the reporter on this story: Jacquelyn Melinek in New York at [email protected]
To contact the editors responsible for this story: David Marino at [email protected], Mike Jeffers, Millie Munshi
For more articles like this, please visit us at bloomberg.com
©2019 Bloomberg L.P.
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(Bloomberg) -- Oil ended slightly lower amid concern that U.S. President Donald Trump may expand his trade offensive, multiplying the economic headwinds already threatening global energy demand.Futures fell 0.1% in New York on Tuesday after earlier rising as much as 1.2%. As Trump addressed the New York
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summarize: WALNUT CREEK, Calif., Feb. 21, 2022 /PRNewswire/ -- Announcing the launch of Fulfillene—a revolutionary moisturizer for women's intimate skin. Its one-of-a-kind peptide complex helps naturally stimulate the production of collagen. This woman-owned brand is developed by Rachael Cabreira, who's become a pioneer in the fem-tech industry.
"Fulfillene is inspired by the stories of my patients and their life experiences. And it's truly my passion to help them," says company founder, Rachael Cabreira, FNP-C.
"My patients tell me, 'Rachael, this is not just what we needed, but it's what we've been waiting for. Where have you been all my life, Fulfillene?!'"
Fulfillene (pronounced ful-filling) is the first of its kind on the market. It is scientifically and clinically tested with pure, clean ingredients. It is a patent-pending formulation with a unique peptide complex. The founder saw a huge gap in the industry for women.
"Isn't it about time women had their turn?" says Cabreira.
"The products out there are just for glide or a quick fix, and don't help restore or maintain the health of our intimate skin long-term. They're still experiencing pain and discomfort. This just wasn't acceptable to me, and I felt I needed to stand at the forefront to make a change in women's health."
The water-based serum includes nourishing ingredients that soothe, provide glide, and can build collagen to restore your skin back to its healthiest state. Not just for intimate moments, this moisturizer is a multi-use solution that can be used by any woman as a daily skincare routine.
"Let's de-stigmatize conversations about women's health and sexuality, and let's keep the conversation going so that all women can reclaim their intimate and sexual health," says Cabreira.
Find more about Rachael and this revolutionary product at www.Fulfillene.com
About Fulfillene:
Fulfillene is a revolutionary brand for women's intimate health that provides comfort and support for women with sensitive skin due to diagnoses that challenge their healthy sexual function. Therapeutic effects preserve and maintain intimate skin. This formulation has a patent-pending unique peptide complex, which is therapeutic as well as restorative in preserving and protecting intimate skin.
Water-based, parabens free, no animal testing, no added fragrance, and naturally pH-balanced.
About the Founder:
Rachael Cabreira, RN, BSN, MSN, FNP-C, Certified Sexual Health Clinician, Anti-Aging Specialist founded Fulfillene in response to the lack of products available on the market that cater to the unique needs of women during these challenging times. The Fulfillene product was specially formulated with input from leading experts in the field of sexual health. For more information, visit www.Fulfillene.com today.
Media Contact:
Rachael Cabreira
[email protected]
925-708-3943
View original content to download multimedia:https://www.prnewswire.com/news-releases/introducing-fulfillene-a-revolutionary-brand-for-womens-intimate-health-301486018.html
SOURCE Fulfillene
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Announcing the launch of Fulfillene—a revolutionary moisturizer for women's intimate skin. Its one-of-a-kind peptide complex helps naturally stimulate the production of collagen. This woman-owned brand is developed by Rachael Cabreira, who's become a pioneer in the fem-tech industry.
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summarize: NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by The ExOne Company (NASDAQ: XONE) and its board of directors concerning the proposed acquisition of the company by Desktop Metal, Inc. (NYSE: DM). Stockholders will receive $8.50 in cash and $17.00 in shares of Desktop Metal common stock for each share of The ExOne Company stock that they hold. The transaction is valued at approximately $575 million and is expected to close in the fourth quarter of 2021.
If you are a stockholder of The ExOne Company and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/xone/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View original content:https://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-the-exone-company-301354628.html
SOURCE Rowley Law PLLC
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Rowley Law PLLC is investigating potential securities law violations by The ExOne Company (NASDAQ: XONE) and its board of directors concerning the proposed acquisition of the company by Desktop Metal, Inc. (NYSE: DM). Stockholders will receive $8.50 in cash and $17.00 in shares of Desktop Metal common stock for each share of The ExOne Company stock that they hold. The transaction is valued at approximately $575 million and is expected to close in the fourth quarter of 2021.
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summarize: U.S. stock futures moved higher Thursday morning after a strong showing on Wednesday.
Futures tied to the S&P 500 (^GSPC) added 0.5% and futures on the Dow Jones Industrial Average (^DJI) increased by 0.6%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) gained 0.5%.
Bond yields were mixed. The yield on the benchmark 10-year U.S. Treasury note was little changed. The dollar index down to $104.
The S&P 500 closed up 1.4% on Wednesday, above the levels last seen before the Silicon Valley Bank fiasco. Real Estate and Tech were the top performing sectors while gold and oil moved lower. Treasury yields were mixed while the Nasdaq 100 (^NDX), which tracks the 100 largest companies by market cap, excluding financial sector firms, is officially in a bull market.
Intel (INTC) stock was the biggest single gainer, surging more than 7% after the company announced that its new server chips will come sooner than anticipated.
Also on Wednesday, Fed Vice Chairman for Supervision Michael Barr, signaled that the Federal Reserve intends to maintain its stance in its “meeting-by-meeting judgment on rates” and that “incoming data” will continue to be analyzed. These comments were consistent with Chairman Powell’s recent remarks, which has driven market participants' expected rate for May’s meeting to be little changed.
On the economic front, a pulse check on the housing sector with releases on pending home sales and mortgage applications out Thursday morning. Initial jobless claims, the final fourth quarter GDP figures, core personal consumption expenditure reading will be released Thursday, which could give insight to the Fed’s next policy move.
Here are some trending tickers on Yahoo Finance:
Charles Schwab Corporation (SCHW): Morgan Stanley analyst Michael Cyprys downgraded his buy-equivalent rating on Schwab for the first time since he started covering the brokerage firm over seven years ago.
RH (RH): The luxury home furniture company missed its top and bottom line for its last quarter. RH CEO Gary Friedman blamed the Fed, inflation, the underperforming stock market, and banking crisis for poor quarterly results.
Dani Romero is a reporter for Yahoo Finance. Follow her on Twitter @daniromerotv
Click here for the latest stock market news and in-depth analysis, including events that move stocks
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Stocks continue to edge higher as banking fears ease somewhat.
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summarize: ROCHESTER, N.Y. (AP) — Fans have pushed the Fisher-Price Corn Popper into the National Toy Hall of Fame, elevating it from perpetual finalist to 2023 inductee, alongside baseball cards, Cabbage Patch Kids and NERF foam toys, the Hall of Fame announced Friday.
The Fisher-Price push toy that encourages babies to walk was chosen by fans, who were invited to celebrate the Toy Hall of Fame's 25th anniversary by voting for one of five toys that had made it to the finals more than once but were passed over. The rest of the so-called “Forgotten Five” included the pogo stick, My Little Pony, PEZ dispensers and Transformers.
Baseball cards, Cabbage Patch Kids and NERF toys were voted in in the usual way from among a field of 12 finalists, with input from a panel of experts. Those finalists included Barbie's boyfriend, Ken, who didn't make the cut despite a big boost in visibility from the summer “Barbie” movie.
“These four deserving inductees represent a great blend of types of play for people of all ages,” Christopher Bensch, vice president for collections and chief curator, said in a statement.
The winners are on permanent display at the National Toy Hall of Fame, which is located inside The Strong National Museum of Play in Rochester, New York. Since 1998, dozens of toys have been inducted, including ones as humble as the cardboard box, as ancient as chess, and as influential on pop culture as the Barbie doll.
Last year's inductees were the spinning top, Masters of the Universe action figures and the Lite-Brite.
Anyone can nominate a toy, but to make it into the Hall of Fame, they have to have inspired creative play and enjoyed long-lasting popularity.
“Baseball cards encourage lifelong playing and collection. Cabbage Patch Kids continue to encourage imagination and storytelling for kids. Fisher-Price Corn Popper, which is a forgotten finalist no longer, is a great activity for toddlers," Bensch said. “NERF toys are designed for indoor and outdoor activity, and they often find kids and grownups playing together.”
This year’s other finalists were: Battleship, bingo, Bop It, Choose Your Own Adventure books, Connect 4, the Little Tykes Cozy Coupe, slime and the Teenage Mutant Ninja Turtles.
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Fans have pushed the Fisher-Price Corn Popper into the National Toy Hall of Fame, elevating it from perpetual finalist to 2023 inductee, alongside baseball cards, Cabbage Patch Kids and NERF foam toys, the Hall of Fame announced Friday. The Fisher-Price push toy that encourages babies to walk was chosen by fans, who were invited to celebrate the Toy Hall of Fame's 25th anniversary by voting for one of five toys that had made it to the finals more than once but were passed over. Baseball cards, Cabbage Patch Kids and NERF toys were voted in in the usual way from among a field of 12 finalists, with input from a panel of experts.
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summarize: (Bloomberg) -- EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle as it loses shoppers to larger rivals such as Amazon.com Inc. and Walmart Inc.
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Earnings per share will be $1 to $1.05 on revenue of $2.47 billion to $2.53 billion in the period ending in December, the company said in a statement Tuesday. Analysts, on average, estimated profit of $1.05 per share on sales of $2.6 billion.
EBay fell about 6% in after-market trading. The shares were down almost 2% this year through the Tuesday close, compared with the S&P 500’s 14% gain.
The San Jose, California-based company, once an industry pioneer, keeps losing US market share even as overall online spending in the US continues to grow.
Read more: Amazon Strong Results Point Toward Boost for Cloud Business
EBay Chief Executive Officer Jamie Iannone is trying to sell watches and other luxury items as well as refurbished items to appeal to cost-conscious shoppers. In February, the company said it was cutting about 4% of its workforce and spending more on technology to improve online features. Earlier this month, eBay opened a collectible sneaker store on Manhattan’s Canal Street that authenticates coveted brands in an effort to lure streetwear enthusiasts worried about buying fakes online.
Third-quarter profit was $1.03 per share on sales of $2.5 billion, basically in line with analyst estimates.
Gross merchandise volume, the value of all goods sold on eBay, increased 2% to $18 billion in the quarter, topping analysts’ average estimates of $17.8 billion. The company said it had 132 million active buyers in the quarter, down 3% from a year earlier.
Advertising revenue of $366 million narrowly missed analysts’ estimates of $368 million. EBay has been creating more advertising and payments products for its merchants to offset slow growth in overall consumer spending on the platform.
(Updates with quarterly details, context throughout.)
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©2023 Bloomberg L.P.
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(Bloomberg) -- EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle as it loses shoppers to larger rivals such as Amazon.com Inc. and Walmart Inc.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsTrump Testi
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summarize: Costco was one of the companies at the forefront of raising their minimum wage to $15 (it's now $16), but the pay is only one of the job perks that come along with working at the warehouse club.
Learn: 4 Genius Costco Shopping Hacks To Try in 2023
Advice: How to Build A Financial Plan From Zero
Here's a look at some of the incredible benefits enjoyed by Costco employees.
Multiple Yearly Bonuses
Although this is a perk you only get after working for the company for a few years, it's a good one. According to Costco's website, "we provide twice-yearly Extra Checks (bonuses) for long-tenured hourly employees."
Take Our Poll: Would You Move for a Job That Paid You a $10,000 Signing Bonus?
Free Executive Membership
Costco employees get free membership cards for themselves and their friends and family.
"We get four free membership cards (including mine) with 2% cash back annually," one long-time Costo cashier wrote on Quora. "[These] cards can be given to any family members or any friend of your choice. And if you work for Costco for more [than] 25 years [and retire, you get] a lifetime membership card."
First Dibs on Hot-Ticket Items
Employees get to test out new products before they hit shelves and often buy up hot-ticket items as soon as they are available.
"It's frequently the case that we're out of stock of something because we've bought them all," a Costco employee in Ohio told Fox Business.
First Dibs on Sale Items
Employees also get access to sales before shoppers do.
"We see stuff go on clearance before you do, and if it's a good deal, we'll snatch them up," the Ohio employee told Fox Business.
Costco's Best Deals? Employee Reveals 10 Standout Buys for Your Money
Free Thanksgiving Turkey
Multiple employees confirmed on Reddit that American Costco workers all receive a voucher for a free turkey every Thanksgiving. Costco donates the turkeys that employees choose not to take home.
Exclusive Employee Shopping Hours
Perhaps the biggest downside to shopping at Costco is the super long checkout lines -- but employees get to avoid these.
"You can shop after hours, and a lot of employees do that," a Costco employee in Washington State told Mental Floss.
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Costco was one of the companies at the forefront of raising their minimum wage to $15 (it's now $16), but the pay is only one of the job perks that come along with working at the warehouse club....
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summarize: FOREST HILL, Md., March 24, 2022 /PRNewswire/ -- Cadmium is pleased to announce their participation in the inaugural Business Events Industry Week, a new initiative dedicated to community, commerce, content, awards, and advocacy in the live event industry.
Business Events Industry Week (23 – 25 March 2022) is an all-new in-person event that will unify the global business events industry and reinforce the power of business events to promote economic and social good. The event will take place at the Gaylord National Resort & Convention Center in National Harbor, Maryland.
Cadmium, a leading learning and event technology provider, will facilitate this initiative with their award-winning mobile app, event website, and exhibitor management solutions.
"We're delighted to support the very first Business Events Industry Week," said Michelle Wyatt, President of Event and Video Technology at Cadmium. "This new cross-industry initiative will be an invaluable opportunity for event professionals to connect, learn, and inspire one another. Cadmium technology will play a vital role in facilitating these connections."
Cadmium's event technology will promote networking, matchmaking, and seamless communication among the thousands of attendees, exhibitors, and sponsors expected to be in attendance. Based on interests registered during account creation, the system will match attendees with exhibitors, peers, and other persons of interest.
As the event technology partner for Business Events Industry Week, Cadmium will support the industry mission to deliver exceptional learning experiences to event professionals and, ultimately, their customers.
About Cadmium
Cadmium simplifies the production of live, hybrid and virtual events and maximizes the value of online learning with a single, flexible platform designed to capture the chemistry of people, ideas and knowledge. The company's software products are trusted by more than 1000 content-driven organizations worldwide to generate revenue, drive customer retention, and lower operational costs for their events and education initiatives. For more information, visit https://gocadmium.com.
Contact:
Jessie Reyes | Cadmium
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/cadmium-selected-as-event-technology-provider-for-inaugural-business-events-industry-week-301510095.html
SOURCE Cadmium
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Cadmium is pleased to announce their participation in the inaugural Business Events Industry Week, a new initiative dedicated to community, commerce, content, awards, and advocacy in the live event industry.
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summarize: (Reuters) - U.S. tech giant Microsoft Corp is close to a settlement with a trio of cloud providers to suspend their antitrust complaints to the European Commission, Bloomberg news reported on Tuesday, citing people familiar with the matter.
French cloud computing services OVHcloud, Italy's Aruba SpA and the Danish Cloud Community are the parties involved in the final stages of settling with Microsoft and the announcement could come in this week, the report added.
Microsoft is facing an antitrust complaint filed by the three European rivals in the booming cloud computing business.
The complaint, filed with the European Union's competition watchdog, alleges that Microsoft's contractual and business practices make it costly and difficult for users of its cloud computing services to opt for those of a competitor.
Microsoft, OVHcloud and Aruba SpA did not immediately respond to Reuters' queries. The Danish Cloud Community declined to comment on the report.
(Reporting by Urvi Dugar in Bengaluru; Editing by Alexandra Hudson)
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French cloud computing services OVHcloud, Italy's Aruba SpA and the Danish Cloud Community are the parties involved in the final stages of settling with Microsoft and the announcement could come in this week, the report added. Microsoft is facing an antitrust complaint filed by the three European rivals in the booming cloud computing business.
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summarize: SAN FRANCISCO, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Eargo, Inc. (NASDAQ: EAR) investors with significant losses to submit your losses now. The firm is investigating possible securities law violations and Eargo announces it is the target of a criminal investigation.
Eargo, Inc. (EAR) Investigation:
The investigation is focused on Eargo’s claims since its October 15, 2020 initial public offering that it complies with applicable laws governing insurance coverage and reimbursement.
Eargo’s claims were brought into serious question beginning on Sept. 22, 2021, when the company announced it is the target of a criminal investigation by the U.S. Department of Justice related to insurance reimbursement claims the company submitted on behalf of customers covered by Federal employee health plans. In light of this information, Eargo is facing a slew of analyst downgrades. Wells Fargo’s Lawrence Biegelsen reportedly reduced his price target to $10, noting the uncertainty around the DOJ criminal investigation affects about 55% of Eargo’s current revenue. J.P. Morgan analyst Robbie Marcus reportedly reduced the price target to $11.
These events sent the price of Eargo shares crashing on Sept. 23, 2021.
“We’re focused on investors’ losses and whether Eargo submitted false claims to the government,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Eargo, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Eargo should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
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SAN FRANCISCO, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Eargo, Inc. (NASDAQ: EAR) investors with significant losses to submit your losses now. The firm is investigating possible securities law violations and Eargo announces it is the target of a criminal investigation. Visit: www.hbsslaw.com/investor-fraud/EARContact An Attorney Now: [email protected] 844-916-0895 Eargo, Inc. (EAR) Investigation: The investigation is focused on Eargo’s claims since its October 15, 2020 initial public
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summarize: SaaS Veteran to Lead North American Efforts with an Eye Toward Global Expansion and Adoption of Customer Learning
BOSTON, Feb. 22, 2022 /PRNewswire/ -- Thought Industries, the world's #1 platform for customer learning management (CLM), today announced it has named Debbie Schmidt senior vice president of sales. The global software sales veteran will focus on expanding Thought Industries global enterprise technology footprint as it continues to lead the evolution and adoption of the CLM category, which combines learning, development and customer experience to help customers, partners and professionals derive more value from every stage of the customer journey.
Schmidt has more than 25 years of sales leadership experience for organizations ranging from those in the internal training and education space to larger technology companies, including AI software platform provider PROS, and SaaS providers Solifi and SAP, where she served as global vice president of strategic sales for the HR line of business.
In addition to direct sales for Thought Industries, Schmidt will be responsible for building an alliance network that includes technology and implementation partners, with the goal of making it easier for customers to successfully use Thought Industries' technologies.
"I've known Debbie for decades and have seen firsthand her proven track record of success," said Robin Wadsworth, president, Thought Industries. "Her commitment to ensuring ongoing customer success is a perfect fit for what we're trying to do as a company, and what we're working to accomplish with customer learning management."
"I couldn't pass up the opportunity to join Thought Industries to help lead a movement to shape a new category that blends learning and technology," Schmidt said. "As a lifelong learner and someone who's dedicated their career to championing SaaS adoption, it's the perfect role for me. I'm excited to apply my decades of experience to helping chart the customer learning path for today's modern SaaS organizations. This isn't just about technology; it's about ensuring customers are getting the most out of their investments, and that organizations are in lockstep with their success."
Schmidt's appointment follows a successful 2021 for Thought Industries, which saw high double digit market growth, along with growing momentum and adoption of enterprise-scale customer learning platforms that enable organizations with complex products and training requirements to grow revenue, increase customer loyalty, and ensure customer success across industries.
About Thought Industries
Thought Industries provides the world's #1 software platform for customer learning management (CLM). Industry leaders use CLM to grow revenue, increase customer loyalty, and ensure customer success across technology, manufacturing, healthcare and other industries with complex products and training requirements. Thought Industries was founded in 2014 around the core belief that online learning experiences should be modern, intuitive, engaging and scalable. Headquartered in Boston, Thought Industries has offices across North America and Europe.
View original content to download multimedia:https://www.prnewswire.com/news-releases/thought-industries-names-debbie-schmidt-senior-vice-president-of-sales-301486083.html
SOURCE Thought Industries
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Thought Industries, the world's #1 platform for customer learning management (CLM), today announced it has named Debbie Schmidt senior vice president of sales. The global software sales veteran will focus on expanding Thought Industries global enterprise technology footprint as it continues to lead the evolution and adoption of the CLM category, which combines learning, development and customer experience to help customers, partners and professionals derive more value from every stage of the cus
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summarize: Tesla isn't the only car maker with grand visions of EV charging robots. Volkswagen has created a prototype charging robot that would navigate to your car in the parking garage, saving you the trouble of hunting for a coveted (and likely rare) EV charging spot. The autonomous helper would hitch itself to a "battery wagon" at a base station and deliver a combined 50kW to your EV on request, whether it's through an app or a smart grid. While that won't be enough to fully recharge most EVs, it should give you plenty of range for your ride home.
Cameras, laser scanners and ultrasonic sensors help the bots both navigate parking areas and find a car's charging port. Several of these machines could operate in a single garage.
VW said it hadn't "yet" decided on a possible release date for the charging robot. A rollout would likely depend on a number of factors, including the ability to recognize and use various charging ports. These bots wouldn't be very useful if they only supported VW-made cars, after all.
Technology like this could be vital whenever it does arrive. If EVs are going to dominate the market, there will need to be enough chargers to go around -- and it won't be realistic to outfit every parking spot with a dedicated station. This could ensure that there's always a recharge available when you need it, even in parking garages where dedicated charging spots would be impractical.
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Tesla isn't the only car maker with grand visions of EV charging robots. Volkswagen has created a prototype charging robot that would navigate to your car in the parking garage, saving you the trouble of hunting for a coveted (and likely rare) EV charging spot. The autonomous helper would hitch
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summarize: LAUNCH OF NEW SHARE BUYBACK PROGRAMME ACCORDING TO THE SAFE HARBOUR METHOD
Company Announcement No. 1013
As previously announced, the Board of Directors of DSV A/S has decided to exercise the authority to buy back shares granted by the Annual General Meeting on 22 November 2022. The authority is valid until 22 November 2027 and covers a maximum of 21,900,000 shares.
Purpose
The purpose of the share buyback is to adjust the capital structure and meet obligations relating to the Group’s share-based incentive programmes. At a General Meeting of DSV A/S, a resolution will be proposed that any shares not used for hedging or the incentive programmes will be cancelled.
Time frame
The share buyback programme will run from 2 February 2023 until 26 April 2023, both days inclusive. During this period, DSV A/S will buy own shares up to a maximum of DKK 2,500 million in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.
Buyback terms
• DSV A/S is required to retain a lead manager who is to make its own trading decisions independently of and without influence from DSV A/S and execute the buyback within the announced limits. DSV A/S has designated Danske Bank A/S, as its lead manager for the share buyback.
• Under the share buyback programme, DSV A/S may repurchase shares up to a maximum aggregate purchase price of DKK 2,500 million, and no more than 4,000,000 shares, corresponding to 1.83% of the current share capital of DSV A/S.
• The shares may in no event be bought at a price deviating by more than 5 per cent from the most recently quoted market price of the shares at the time of purchase.
• The maximum number of DSV A/S shares that may be purchased on each business day may not exceed 25% of the average daily trading volume of DSV A/S shares on Nasdaq Copenhagen during the 20 trading days preceding the date of purchase.
A company announcement of any transactions under the programme will be published every week after commencement and at the end of the programme. Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S
Attachment
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LAUNCH OF NEW SHARE BUYBACK PROGRAMME ACCORDING TO THE SAFE HARBOUR METHOD Company Announcement No. 1013 As previously announced, the Board of Directors of DSV A/S has decided to exercise the authority to buy back shares granted by the Annual General Meeting on 22 November 2022. The authority is valid until 22 November 2027 and covers a maximum of 21,900,000 shares. Purpose The purpose of the share buyback is to adjust the capital structure and meet obligations relating to the Group’s share-base
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summarize: Wednesday, 21 December 2022 | SAINT HELIER, Jersey – The Nomination Committee of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), Europe's largest digital asset investment firm, proposes the re-election of board members Daniel Masters, Jean-Marie Mognetti, Carsten Køppen, Johan Lundberg, Christine Rankin and Viktor Fritzén. Daniel Masters is proposed to be re-elected as Chairman of the Board.
CEO as a board member
The Nomination Committee has assessed that it benefits CoinShares that Jean-Marie Mognetti, CEO, co-founder and shareholder in the Company, also serves as a board member and therefore proposes re-election of Jean-Marie Mognetti. According to the Swedish Code of Corporate Governance, a maximum of one board member elected at the Annual General Meeting may be engaged in the company's management or in the management of its subsidiaries. This position is most often occupied by the CEO. The Nomination Committee views it as particularly important that Mr Mognetti’s extensive experience and unique knowledge of CoinShares and its operations, as well as the global crypto market, be ensured on the Board.
Composition and independence of the Board
The Nomination Committee proposes that the Board consists of six members, of which four of the members are independent in relation to the company's management and major owners.
The Nomination Committee's motivated statement, together with the Nomination Committee's other proposals, will be published prior to the Annual General Meeting which will be held on 31 May 2023. Information about the Nomination Committee is available at coinshares.com/governance.
About CoinShares
CoinShares is Europe's largest and longest standing digital asset investment firm, managing billions of dollars of assets on behalf of its client base. The Group is focused on expanding investor access to the digital asset ecosystem by pioneering new financial products and services that seek to provide trust and transparency when accessing this new asset class. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.
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Wednesday, 21 December 2022 | SAINT HELIER, Jersey – The Nomination Committee of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), Europe's largest digital asset investment firm, proposes the re-election of board members Daniel Masters, Jean-Marie Mognetti, Carsten Køppen, Johan Lundberg, Christine Rankin and Viktor Fritzén. Daniel Masters is proposed to be re-elected as Chairman of the Board. CEO as a board member The Nomination Committee
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summarize: If Exploding Kittens is still a part of your party game repertoire several years later, Netflix has just the news you were hoping to hear. The streaming service is introducing an "exclusive" version of the Exploding Kittens mobile game as well as an animated TV series. The adult-oriented show will be executive-produced by card game creators Elan Lee and Matthew "The Oatmeal" Inman as well as veterans like Mike Judge, and will star well-known personalities including Lucy Liu (Kill Bill) and Tom Ellis (Lucifer).
The series revolves around a holy war that sees God and the Devil visit Earth in the form of beefy house cats. It won't stream on Netflix until 2023, but the upgraded game is due in May with two new cards and promises of future gameplay based on the show.
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Netflix is making both a mobile game and a TV series based on the 'Exploding Kittens' card game.
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summarize: Kenya plans to double the digital service tax (DST) to 3% beginning July this year, as the government taps the growing online economy to increase its domestic revenues.
It is expected that the new rates, proposed in the Finance Bill by the country’s Treasury department, will likely be passed by the lawmakers. The increase comes slightly over a year after the DST came into effect in Kenya, affecting tech companies such as Amazon, Uber, Spotify and Netflix.
“The Third Schedule to the Income Tax Act is amended… by deleting the expression ‘one-point-five percent’ appearing in paragraph 12 (digital service tax rate) and substituting therefore the expression ‘three percent’,” Kenya’s Treasury cabinet secretary Ukur Yatani wrote in the Finance Bill 2022.
The DST is a tax on gross transaction values by tech companies within a particular country. In Kenya, East Africa’s biggest economy, companies or individuals (non-residents) are obliged to pay it if they “provide or facilitate provision of a service to a user who is located in Kenya.”
The taxable services, as per the country’s revenue authority, include over-the-top services like video-streaming and podcasts, subscription-based media including news, digital marketplaces, and downloadable digital content like e-books and films.
Others include electronic data management services, electronic ticket booking, online distance learning and the sale, and licensing or monetization of any data collected about Kenyan users generated from places like digital marketplaces. Overseas companies without offices in Kenya are required to register electronically or appoint a tax representative in the country to file the returns and make payments.
The uptake of DSTs was said to have been accelerated by the Covid pandemic and efforts by the Paris-based Organization of Economic Co-operation and Development (OECD) to ensure that countries increased taxing rights over the revenues of multinationals with operations in their countries.
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Kenya plans to double the digital service tax (DST) to 3% beginning July this year, as the government taps the growing online economy to increase its domestic revenues. It is expected that the new rates, proposed in the Finance Bill by the country’s Treasury department, will likely be passed by the lawmakers. The increase comes slightly over a year after the DST came into effect in Kenya, affecting tech companies such as Amazon, Uber, Spotify and Netflix.
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summarize: Amazon (AMZN) announced today that it would acquire subscription health care provider One Medical for $3.9 billion.
The deal marks one of Amazon's most high-profile pushes into health care to date. So, why One Medical? To start, One Medical — which was founded in 2007 and focuses on so-called concierge primary care — was on the market. The company had reportedly been fielding takeover interest from giants like CVS (CVS).
One Medical's $199 annual subscription offers 24/7 access to telehealth services, same-day appointments, and an app. The company had 188 U.S. locations and more than 750,000 members, as of a May filing. The company's focus is on primary care and boasts virtually no wait times, and in its IPO filing expressed interest in moving into behavioral health. The Carlyle Group has been one of One Medical's key investors, and is reportedly set to exit after Amazon's acquisition.
One Medical, whose parent company 1Life Healthcare trades under the ticker ONEM, went public in 2020. The company's shares, as of close Wednesday, were down about 44% year to date. However, as of this morning, One Medical's shares have skyrocketed in the wake of the news of the Amazon deal, up nearly 70% in midday trading.
One Medical, should the deal close, will also be one of Amazon's biggest acquisitions ever, surpassed only by MGM and Whole Foods — which clocked in at $8.45 billion and $13.7 billion, respectively.
Amazon's health care moves (so far)
Amazon's efforts to expand its footprint in health care stretch back a few years, and some initiatives have been more successful than others.
In 2018, the company bought online pharmacy PillPack and used that deal to launch "Amazon Pharmacy" the following year. Amazon also partnered with JPMorgan Chase and Berkshire Hathaway on a health care initiative called Haven, which shuttered somewhat ignominiously last year.
Still Big Tech's push into health care has persisted. Apple (AAPL) just published a report outlining its moves into health care, and how it plans to build on its health features — from sleep monitoring to step-tracking — and what its partnerships with medical institutions entail.
Allie Garfinkle is a senior tech reporter at Yahoo Finance. Find her on twitter @agarfinks.
Read the latest financial and business news from Yahoo Finance.
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The deal marks one of Amazon's most high-profile pushes into health care to date.
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summarize: Ireland's Data Protection Commission has fined Meta €17 million ($18.6 million) over 12 data breaches. It said the company violated several articles of the European Union's General Data Protection Regulation (GDPR) by failing "to have in place appropriate technical and organizational measures which would enable it to readily demonstrate the security measures that it implemented in practice to protect EU users' data."
The DPC received the data breach notifications from Meta between June and December 2018. Before announcing the fine, it consulted with other European authorities under GDPR guidelines, as the investigation was related to “cross-border” processing.
“This fine is about record keeping practices from 2018 that we have since updated, not a failure to protect people's information," a Meta spokesperson told Engadget. "We take our obligations under the GDPR seriously, and will carefully consider this decision as our processes continue to evolve.”
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Ireland's data watchdog received a dozen data breach notifications in 2018.
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summarize: Amsterdam, 11 January 2023 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, announces the appointment of PricewaterhouseCoopers Accountants N.V. as the Dutch statutory financial statement auditors for the year ended December 31, 2022.
The Company notes that due to the military conflict in Ukraine and its consequences, it is unlikely that the audit of the 2022 Dutch financial statements can be completed within the statutory deadline of 30 April 2023.
Chairman of the Group Audit and Risk Committee Michiel Soeting commented: “We welcome the appointment of PWC as our auditors for the year ended December 31, 2022 and look forward to working together over the coming months to conclude this important process.”
Disclaimer
This press release contains “forward-looking statements”, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, expectations regarding management plans and the ability to successfully execute operating model, governance, strategic and development plans. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
About VEON
VEON is a global digital operator that currently provides converged connectivity and online services to over 200 million customers in seven high-growth markets. We are transforming people’s lives, empowering individuals, creating opportunities for greater digital inclusion and driving economic growth across countries that are home to more than 8% of the world’s population. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext.
For more information visit: https://www.veon.com.
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Amsterdam, 11 January 2023 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, announces the appointment of PricewaterhouseCoopers Accountants N.V. as the Dutch statutory financial statement auditors for the year ended December 31, 2022. The Company notes that due to the military conflict in Ukraine and its consequences, it is unlikely that the audit of t
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summarize: (Bloomberg) -- Asian stocks looked set for a muted open, following a decline in their U.S. counterparts after weak economic data in Europe and China Monday added to concerns about slowing global growth. Treasuries were little changed and the yen held gains.
Futures pointed lower in Japan and were little changed in Australia. The S&P 500 fell for only the third time this month, led by technology companies after China’s slumping exports fueled worries about the growing impact of the U.S.-China trade war. Still, financials outperformed after Citigroup said the trading environment was starting to improve, helping to boost the bank’s stock.
The 10-year Treasury yield pared an early decline to end little changed, while the dollar dipped. In Europe, the Stoxx Europe 600 Index dropped, also dragged lower by tech. The euro was steady following data showing industrial output slowed, and the pound rose before Tuesday’s key vote on Brexit.
“There are two macro events that continue to weigh on market perspective,” Frances Donald, head of macroeconomic strategy at Manulife Asset Management, said in an interview. “The first is where is global growth heading next, and weak Chinese trade data would suggest that global growth is certainly not bottomed as of yet. And the second issue is the persistence of the U.S. government shutdown and how that muddies our perspective about what happens next.”
Investors are now turning their focus to corporate earnings, while also weighing on sentiment is the partial U.S government shutdown that’s entered its fourth week.
Elsewhere, West Texas Intermediate crude fell below $51 a barrel. Emerging-market currencies and shares fell.
Terminal users can read our Markets Live blog.
Here are some important events coming up:
Some of the world’s biggest banks announce earnings, including JPMorgan, Bank of America, Wells Fargo, Morgan Stanley and Goldman Sachs. Alcoa, Indian IT company Mindtree, Netflix, Taiwan Semiconductor, American Express and BlackRock also post results.
These are the main moves in markets:
Stocks
Japan’s Nikkei 225 futures fell 0.8 percent.S&P/ASX 200 futures rose 0.2 percent.The S&P 500 Index declined 0.5 percent.The Nasdaq Composite Index dropped 0.9 percent, falling for a second session. The Stoxx Europe 600 Index fell 0.5 percent, the first retreat in a week.
Currencies
The Bloomberg Dollar Spot Index fell 0.1 percent.The euro was steady at $1.1467.The Japanese yen gained 0.2 percent to 108.17 per dollar.The British pound gained 0.1 percent at $1.2861.The MSCI Emerging Markets Currency Index sank 0.1 percent.
Bonds
The yield on 10-year Treasuries were steady at 2.70 percent
Commodities
West Texas Intermediate crude fell 1.6 percent at $50.78 a barrel.Gold was little changed at $1,291.67 an ounce.
--With assistance from Reade Pickert.
To contact the reporters on this story: Cormac Mullen in Tokyo at [email protected];Randall Jensen in New York at [email protected]
To contact the editor responsible for this story: Christopher Anstey at [email protected]
For more articles like this, please visit us at bloomberg.com
©2019 Bloomberg L.P.
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Futures pointed lower in Japan and were little changed in Australia. In Europe, the Stoxx Europe 600 Index dropped, also dragged lower by tech. “There are two macro events that continue to weigh on market perspective,” Frances Donald, head of macroeconomic strategy at Manulife Asset Management, said
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summarize: The $19.7BN acquisition of speech-to-text specialist Nuance by Microsoft, announced earlier this year, has attracted the attention of the UK's active antitrust watchdog -- which said today it's taking a first look to assess whether there are reasons to be concerned about the proposed deal.
A decision on whether the Competition and Markets Authority (CMA) will open a phase 1 investigation will follow in due course.
Currently, there's no stated timeframe for the regulator to take a decision on that -- but a consultation period in which the CMA is inviting interested parties to comment runs until January 10, 2022.
Antitrust oversight of proposed acquisitions can stretch to many months -- and can, at the least, lead to major delays to clearing transactions.
In a statement on the development, the CMA said it is "considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services".
At the time Microsoft announced the Nuance acquisition, back in April, the software giant said it was buying the speech-to-text firm in order to strengthen its presence in the healthcare vertical -- where Nuance has developed a number of clinician-support products (such as tech for documenting telehealth visits; a speech recognition tool for clinical documentation; and AI-powered radiology reporting, among other software tools).
The UK's antitrust regulator may decide the planned acquisition merits further scrutiny -- at which point it would open a phase 1 investigation. If after that it decides there is still reason to be concerned it may open a deeper, phase 2 probe.
It may also decide during one of the stages of its process that there are no competition issues of concern and clear the acquisition.
Whereas, on the flip side, if it has concerns it could decide remedies are required before it can go ahead or even order the transition blocked.
Microsoft has been contacted for comment on the CMA's preliminary probe of its planned purchase of Nuance.
Healthcare has been a vertical of growing interest to tech giants for a number of years -- with the likes of Amazon, Apple, Google, Microsoft and even Facebook all taking an interest in building tools for tracking, monitoring or otherwise supporting health -- raising concerns that their ambitions in such a sensitive area will further entrench their dominance and market power as a vital sector steps up digitization.
The UK, meanwhile, is in the process of retooling domestic competition law to take account of platform power -- and has said it will be bringing in a "pro-competition" regime which it wants to protect smaller innovators from the market muscle of tech giants.
Ahead of legislation to empower a new Digital Markets Unit, which sits inside the CMA, to oversee big tech the competition watchdog continues to scrutinize M&A activity and other major moves (such as Google's strategic 'Privacy Sandbox' plan).
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The $19.7BN acquisition of speech-to-text specialist Nuance by Microsoft, announced earlier this year, has attracted the attention of the UK's active antitrust watchdog -- which said today it's taking a first look to assess whether there are reasons to be concerned about the proposed deal. A decision on whether the Competition and Markets Authority (CMA) will open a phase 1 investigation will follow in due course.
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summarize: It's a good time to start shopping if you've been eying an iPad but feel the M1 iPad Pro is overkill for your needs. Amazon is once more selling the fourth-generation iPad Air with WiFi and 64GB of storage at a record low $539, well under its $599 official sticker. The tablet hasn't reached that price since February, and this suggests you won't have to wait until Prime Day to score a big deal. You'll also see a particularly large discount on the 256GB rose gold Air, which is selling for $660 instead of its usual $749.
Buy iPad Air at Amazon - $539
The iPad Air won't be as speedy as the latest Pro, but it's still one of the fastest tablets around. You'll also get strong battery life and support for both the Magic Keyboard as well as the second-generation Apple Pencil. If you like the idea of the 11-inch iPad Pro but don't need the M1, 120Hz display or multi-camera setup, you'll get a very similar experience for much less money.
The main catch, aside from those tradeoffs, remains the software. The iPad Air can handle a surprisingly large number of tasks that would normally be reserved for laptops, but iPadOS 14 remains more of a mobile platform than a full desktop OS substitute. iPad OS 15 should improve multitasking, but you'll still want a conventional computer for many heavy duty tasks. With that said, the discounted iPad Air with a Magic Keyboard is significantly less expensive than a MacBook Air — that's worth considering if you're more interested in touch support and tablet flexibility than performance or sophisticated software.
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Apple's iPad Air has dropped to an all-time low price of $539 at Amazon, making it a good deal if you want a fast
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summarize: When you are a coffee lover, taste matters, and Spinn is brewing up some fresh funding in the way of a $20 million funding round, led by Spark Capital, to bring connected coffee to new customers through its hardware-enabled coffee marketplace.
Joining Spark in the round were Amazon’s Alexa Fund, Bar 9 Ventures and existing investors. It gives the Los Angeles-based company a total of $37 million in funding to date, CEO Roderick de Rode told TechCrunch. He isn’t defining this round, but said Spinn previously raised both Series A and B rounds.
“SPINN is doing for coffee what Dyson did for vacuums and what Nest did for homes, rethinking technology and connectivity for better results,” said Kevin Thau, general partner at Spark Capital, in a written statement. “Their approach, from machine design to roaster assortment, is elevating the entire industry and delivering what consumers seek today: delicious tasting coffee brewed to their personal preferences, with the smallest impact on the planet.”
Spinn debuted its centrifugal brewing method at TechCrunch’s Startup Battlefield in 2016. The connected coffee maker uses centrifugal force to spin, instead of press, coffee grounds. De Rode says this results in a cup of coffee tasting how it was intended by the roaster. The machines can be controlled via voice command from Amazon’s Alexa or a single tap on the machine or from a mobile app.
A survey released in April by National Coffee Association USA found that the global pandemic was the driver for 85% of Americans drinking at least one cup of coffee at home, up 8% from January 2020. Nearly 60% of Americans drink coffee every day, and one-quarter purchased a new home coffee machine over the past year.
In addition to Spinn, other startups are coming out with machines aimed at making a better cup; for example, Osma is a new coffee-making technique to make a strong espresso-like drink at any temperature, including icy cold.
Spinn itself has three coffee makers to choose from that retail for $479 to $799, according to its website. The machines don’t require any filters or coffee pods and make a variety of styles, including espresso, Americano, drip and cold brew.
The marketplace offers over 1,500 different kinds of coffee from more than 500 artisan roasters around the world. Customers add their coffee choices to a playlist of sorts, which can be specifically curated to ship or scheduled randomly, de Rode said. Drinkers can leave reviews and get recommendations, as well as take a quiz to match with various coffees.
He plans to use the new funding to further grow and develop its patented brewing technologies, and complete delivery of outstanding pre-orders.
Though de Rode wouldn’t go into specifics about Spinn’s growth metrics, he said there has been triple-digit growth from home users. He aims to do for coffee what Vivino did with wine: provide educational content about the coffee options and the roasters themselves.
“The coffee industry is becoming a food thing just like wine,” de Rode said. “People want to understand the different kinds of beans to make more sophisticated choices. We try to bridge the gap between the coffee shop and home.”
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When you are a coffee lover, taste matters, and Spinn is brewing up some fresh funding in the way of a $20 million funding round, led by Spark Capital, to bring connected coffee to new customers through its hardware-enabled coffee marketplace. Joining Spark in the round were Amazon’s Alexa Fund, Bar 9 Ventures and existing investors. It gives the Los Angeles-based company a total of $37 million in funding to date, CEO Roderick de Rode told TechCrunch.
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summarize: Both Samsung and other retailers have offered a few ways to save when picking up one of the latest Galaxy smartphones, including offering a discount on higher storage models during the pre-order window. But Amazon's back now with a new discount — $100 off the Samsung Galaxy S22, bringing the 128GB model down to $700. The same discount applies to the 256GB versions, which are on sale for $750.
Buy Galaxy S22 (128GB) at Amazon - $700 Buy Galaxy S22 (256GB) at Amazon - $750
While the Galaxy S22 isn't a huge departure from last year's flagship phones, Samsung made some useful changes and welcomed upgrades this year. The handset's design remains attractive and now has Corning's Gorilla Glass Victus+ for added protection against drops and scratches. The S22 sports a lovely 6.1-inch 2,340 x 1,080 resolution touchscreen with a 120Hz variable refresh rate and an ultrasonic in-screen fingerprint reader, too. The panel is impressive, reaching up to 1,300 nits of brightness, and the new Vision Booster feature automatically ups things like color saturation and contrast depending on your environment. Plus, the fingerprint reader is really fast, so you'll never have to wait long for the device to unlock.
The S22's triple rear camera array takes sharp photos and much-improved images in low-light conditions. Even though we think Samsung's new Adaptive Pixel feature, which uses multi-frame image capture to combine high-quality pics with lower-res pixel-binned shots to create a final composite image, is a bit overhyped, the S22 still has some of the best cameras you can get on a smartphone at this price.
General performance is stellar as well thanks to the new Qualcomm Snapdragon 8 Gen 1 chip inside the handset. You're also getting 5G support and a decent battery life. In our testing, the Galaxy S22 lasted just under 15 hours (if battery life is your biggest concern, you're better off going for the S22+, which lasted about 2.5 hours longer). Overall, if you're looking to upgrade to a new Android phone, the Galaxy S22 is one of the best out there right now — and it's even better at this sale price.
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Amazon knocks $100 off the Samsung Galaxy S22 smartphone, bringing it down to $700.
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summarize: Stocks trending in morning trade
Shares of The Boeing Company (BA) rose nearly 6% and led the trending tickers page on Yahoo Finance during Wednesday morning's trading session. The aircraft builder announced a narrower-than-expected loss and revenue that topped estimates for the second quarter while reaffirming its profit and delivery guidance.
Microsoft's (MSFT) stock dropped more than 3% after its fiscal fourth-quarter earnings revealed a sequential decline in Azure cloud revenue growth, overshadowing quarterly profits and revenues that topped Wall Street's estimates. The company also revealed AI advancements may take longer to contribute to revenue than investors had initally hoped.
Alphabet (GOOGL) shares were moving in the opposite direction, rising more than 6%, after second quarter results revealed revenue and profits that were higher than Wall Street expected. The Google parent company reported revenue of $74.6 billion, beating expectations for $72.75 billion while its $1.44 earnings per share came in higher than analysts projections for $1.32 a share.
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Stocks were lower Wednesday in the countdown to the Federal Reserve's interest-rate decision, as investors weighed Microsoft and Alphabet results.
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summarize: eQ Plc Total Number of Voting Rights and Capital
17 May 2022, at 8.30 a.m.
A total number of 180,000 new shares in eQ Plc have been subscribed for with stock options of eQ Plc’s option scheme 2018. The entire subscription price of EUR 903,600 will be credited to the reserve for invested non-restricted equity. This means that eQ Plc's share capital remains unchanged. The total number of shares after the subscription is 39,812,198.
The corresponding increase in the number of eQ Plc's shares has been entered into the Finnish trade register today on 17 May 2022, as of which date the new shares will establish shareholder rights. The shares will be traded on the Nasdaq Helsinki Ltd together with the old shares as of 18 May 2022.
The terms and conditions of eQ Plc’s option scheme 2018 are available on Company's website at www.eQ.fi.
Helsinki, 17 May 2022
eQ Plc
Board of Directors
Additional information: Juha Surve, Group General Counsel, tel. +358 9 6817 8733
Distribution: Nasdaq Helsinki, www.eQ.fi
eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the Group total approximately EUR 12.0 billion. Advium Corporate Finance, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.
More information about the Group is available on our website at www.eQ.fi.
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eQ Plc Total Number of Voting Rights and Capital17 May 2022, at 8.30 a.m. A total number of 180,000 new shares in eQ Plc have been subscribed for with stock options of eQ Plc’s option scheme 2018. The entire subscription price of EUR 903,600 will be credited to the reserve for invested non-restricted equity. This means that eQ Plc's share capital remains unchanged. The total number of shares after the subscription is 39,812,198. The corresponding increase in the number of eQ Plc's shares has bee
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summarize: Help the Canadian leader in sustainable beauty and home care products achieve their goal of planting 2 million trees with just a double tap on Instagram & TikTok!
NEW YORK, April 20, 2023 /PRNewswire/ -- CLEAN PRODUCTS, LESS PLASTIC AND MORE TREES!
ATTITUDE, a science-based company that aims to revolutionize the beauty industry with clean, performance-proven, PETA certified products, is passionate about providing eco-innovative packaging to reduce plastic. The products are formulated with advanced naturally derived ingredients to deliver the best for the body and the planet. ATTITUDE has its own in-house laboratory and state-of-the-art facility, giving them the scale to enhance their unique ability to invent and develop new, high-quality products. The brand proudly bears the Environment Working Group's VERIFIED™ seal of approval, representing the strictest criteria for transparency and health.
ATTITUDE takes action for the environment through the Reforestation Program by supporting nonprofit leaders in reforestation. This initiative is integrated into a larger circular economy vision — to Reduce, Reuse, Recycle, and Reforest to help heal the planet. For every product purchased online or in participating stores, ATTITUDE plants a tree in partnership with two leading non-profit tree planting organizations, Eden Reforestation and One Tree Planted.
TAKE ACTION WITH US!
The brand is committed to caring for the environment while inspiring people to embrace an eco-friendly lifestyle, so for Earth Month, ATTITUDE is calling on Instagram and TikTok communities to #PlantForChange to help hit the brand's goal of planting over 2 million trees by Earth Day. Users can simply double tap @attitude_living Instagram or TikTok campaign post between April 19th - 22nd and after enough likes, a tree will be planted; 10 likes = 1 tree.
REINVENTING BEAUTY!
ATTITUDE is revolutionizing the beauty & home care categories with clean, eco-innovative packaging and efficacious essentials, with new launches, such as:
Oceanly™ Collection: The world's first complete line of solid, 100% plastic-free, vegan, entirely EWG VERIFIED™ skincare – set to forever transform the beauty industry standards, and define new sky high standards for efficacy and sustainability. The award-winning comprehensive line of 19 products, including cleansers, serums, creams, masks, and sunscreens, are packaged in an innovative push-up design, made of biodegradable and FSC certified cardboard from eco-managed forests.
Home Essentials Collection: Refillable EWG VERIFIED™, biodegradable, 100% vegan and cruelty-free Dishwashing Liquids, All Purpose Sprays, Laundry Detergent, & Fabric Softener housed in aluminum bottles.
SuperLeaves Collection: Refillable EWG VERIFIED™, biodegradable, 100% vegan and cruelty-free Shower Gel, Hand Soap, Shampoo, & Conditioner housed in aluminum bottles.
www.attitudeliving.com
Media Contact: Jillian Helft, [email protected]
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SOURCE ATTITUDE
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CLEAN PRODUCTS, LESS PLASTIC AND MORE TREES!
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summarize: (Bloomberg) -- Amazon.com Inc. and Alphabet Inc.’s Google are committing to ramp up investments in India as the tech giants seek to spur growth in a key market.
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The move follows a meeting held by US President Joe Biden and Indian Prime Minister Narendra Modi held with top technology executives, including of Amazon and Google, at the White House Friday.
Amazon announced it will invest an additional $15 billion in India by 2030. That includes plans by its AWS division to put $12.7 billion into cloud infrastructure in the South Asian nation to meet rising customer demand.
Google will open a global financial-technology center in Gujarat International Finance Tech-City, more commonly known as GIFT City in Modi’s home state, Alphabet Chief Executive Officer Sundar Pichai said.
“It’ll cement India’s fin-tech leadership,” he said, referring to Indian innovations such as Unified Payments Interface that allows people to use their smartphones as a tool for commerce, and Aadhaar. “We’re going to build on that foundation and take it globally,” Pichai said.
UPI is India’s state-backed peer-to-peer payments solution and several companies including Google use it to offer services in the country. Aadhaar is a biometric ID built by the state for citizens, which is used for payments and various other services.
Google will also bring its artificial intelligence chatbot Bard to more Indian languages, Pichai said.
Google has previously said it is developing an AI model that can handle more than 100 Indian languages across speech and text, a drive that would widen internet access beyond the country’s urban English-speaking minority.
“Google’s decision to establish its global fintech operations center in GIFT City is a testament to India’s growing prominence in the fintech landscape,” said Tapan Ray, chief executive officer of GIFT City, “We look forward to hosting Google”
India remains a high priority market for most big US internet firms such as Meta Platforms Inc., Amazon, Google and Twitter, but one where they’ve all had to face regulatory headaches.
A slew of economic deals were announced during Modi’s visit to the US, including Micron Technology Inc. to invest more than $800 million toward a $2.75 billion semiconductor assembly and testing facility in India.
(Updates with comment in 9th paragraph)
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(Bloomberg) -- Amazon.com Inc. and Alphabet Inc.’s Google are committing to ramp up investments in India as the tech giants seek to spur growth in a key market. Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesPutin Faces Historic Threat to Absolute Grip on Power in RussiaThe Wagner Mutiny Foreshadows a Russian DefeatThe move follows a mee
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summarize: ARLINGTON, Va., Nov. 16, 2022 /PRNewswire/ -- NumbersUSA, the nation's largest single-issue advocacy group, recently welcomed James Massa, a former Cisco Systems executive, as its new Chief Executive Officer following the retirement of founder Roy Beck.
James began his career as a computer technologist and eventually joined Cisco Systems in 1992 as a senior executive during the firm's meteoric expansion. After turning around its southeastern sales region to become the top-performing region in the company, James was named Vice President of Federal Operations in Washington D.C., which he grew 300% in 3 years. He went on to establish several new business units, including Global Space and Defense, Government Alliances, and Global Government Solutions. James also chaired the Internet subcommittee for the National Security Telecommunications Advisory Council to the President of the United States. James left Cisco in 2006 and contributed several years of his executive skills leading non-profit organizations during their founder transitions. James returned to industry and has enjoyed a sterling reputation as a business accelerator who has guided multiple startups and rapid growth corporations through their expansions.
"It is a privilege to continue the work that Roy started, which the NumbersUSA team and our 8 million grassroots supporters have steadily advanced," James remarked. "I look forward to strengthening existing relationships and forging new ones. I'm confident that, together, we can achieve an immigration system that enhances our nation while ensuring fair wages, protecting our environment, and supporting our nation to continue its positive impact throughout the world."
Roy will remain on the Board of Directors and continue to be involved with special projects. "I feel blessed to have spent the past 26 years working alongside such talented and dedicated colleagues," Roy remarked. "I am awed that we have found a leader of such broad and impressive successes who has decided, at this time of his life, to devote himself to his country on this issue -- and with our organization."
The entire NumbersUSA team will be forever grateful for Roy's tenacity, dedication, and kindness over the last quarter-century.
To request an interview with James, please contact Emeline McClellan at (202) 970-9742 or [email protected].
About NumbersUSA
NumbersUSA Education and Research Foundation is the nation's largest grassroots immigration policy impact organization with more than 8 million participants in all 435 congressional districts. It uses internet-based tools and media campaigns to educate its members, the public, media, and public officials about federal immigration policies and their consequences.
Media Contact:
Emeline McClellan
(202) 970-9742
[email protected]
View original content:https://www.prnewswire.com/news-releases/numbersusa-nations-largest-single-issue-grassroots-group-welcomes-new-ceo-301680609.html
SOURCE NumbersUSA
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NumbersUSA, the nation's largest single-issue advocacy group, recently welcomed James Massa, a former Cisco Systems executive, as its new Chief Executive Officer following the retirement of founder Roy Beck.
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summarize: VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) has been named to the Best 50 Corporate Citizens in Canada ranking as one of the top 50 companies in Canada for corporate citizenship. This marks the 16th consecutive year Teck has been named to the Best 50 by Corporate Knights.
“This acknowledgment is really a reflection of the dedication and passion of Teck’s employees, who are focused on caring for people, communities and the environment in every aspect of their work,” said Don Lindsay, President and CEO. “Teck is committed to being a positive corporate citizen while responsibly producing the materials needed to build a better quality of life for people around the world and support the low-carbon transition.”
The Best 50 Corporate Citizens in Canada are each evaluated on a set of up to 24 environmental, social and governance indicators including board diversity, resource efficiency, financial management, and clean revenue. For more information about the Best 50 Corporate Citizens in Canada and the full rankings, visit https://www.corporateknights.com/rankings/best-50-rankings/2022-best-50-rankings/.
Teck has set ambitious targets in sustainability, including being carbon neutral by 2050. For more information on our sustainability goals and performance, visit www.teck.com/responsibility.
Corporate Knights also named Teck as one of the 2022 Global 100 Most Sustainable Corporations for the fourth straight year. Teck is the industry leader in the Metals and Mining industry on S&P’s Corporate Sustainability Assessment and Moody’s ESG rates Teck first among North American metals & mining companies. Teck is also currently listed on the MSCI World ESG Leaders Index, FTSE4Good Index, Bloomberg Gender Equality Index and Jantzi Social Index.
About Teck
As one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.
Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations & Strategic Analysis
604.699.4621
[email protected]
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VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) has been named to the Best 50 Corporate Citizens in Canada ranking as one of the top 50 companies in Canada for corporate citizenship. This marks the 16th consecutive year Teck has been named to the Best 50 by Corporate Knights. “This acknowledgment is really a reflection of the dedication and passion of Teck’s employees, who are focused on caring for people, commun
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summarize: MEQUON, Wis., Sept. 14, 2021 /PRNewswire/ -- Spectrum Investment Advisors has hired Thomas Shide, CFA® as Senior Investment Analyst for the firm. In his role as Senior Investment Analyst, Shide is responsible for the analytical research of investments, portfolio construction, and market research.
Shide brings with him seven years of experience having previously worked at Bank of America's Private Bank as an investment analyst. Shide is a CFA charterholder, a member of the CFA Institute, and a member of the CFA Society of Milwaukee. Fluent in Spanish, Shide earned a Bachelor of Science in Biochemistry and a Bachelor of Arts in History from the University of Houston.
Manuel Rosado, President of Spectrum Investment Advisors said, "We're very excited to have Thomas on board. His depth of knowledge and expertise will complement our team of seasoned executives very well."
A Texas transplant, Shide lives in Milwaukee. While not working he enjoys indoor soccer, biking and hiking. Welcome to the team Thomas.
The CFA designation is globally recognized and attests to a charterholder's success in a rigorous and comprehensive study program in the field of investment management and research analysis.
About Spectrum Investment Advisors
Spectrum Investment Advisors was incorporated in 1995. Spectrum is a Registered Investment Adviser built on the premise that achieving one's financial goals depends on independent financial advice, timely research, and easy access to the investments and services that best fit an investor's specific needs. For more information about Spectrum Investment Advisors, visit www.spectruminvestor.com. Registration with the SEC does not imply a certain level of skill or training.
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SOURCE Spectrum Investment Advisors
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Spectrum Investment Advisors has hired Thomas Shide, CFA® as Senior Investment Analyst for the firm. In his role as Senior Investment Analyst, Shide is responsible for the analytical research of investments, portfolio construction, and market research.
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summarize: Chaarat Gold Holdings (LON:CGH) First Half 2023 Results
Key Financial Results
Revenue: US$35.3m (down 30% from 1H 2022).
Net loss: US$25.7m (loss widened by US$23.0m from 1H 2022).
US$0.037 loss per share (further deteriorated from US$0.004 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chaarat Gold Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 75% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
Performance of the British Metals and Mining industry.
The company's shares are down 21% from a week ago.
Risk Analysis
Before you take the next step you should know about the 4 warning signs for Chaarat Gold Holdings (1 is a bit concerning!) that we have uncovered.
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Chaarat Gold Holdings ( LON:CGH ) First Half 2023 Results Key Financial Results Revenue: US$35.3m (down 30% from 1H...
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summarize: Salesforce employees aren't happy with the company's plans to enter the non-fungible token (NFT) market. According to the Thomson Reuters Foundation, over 400 employees around the world have signed an open letter raising concerns about the environmental impact of NFTs, as well as their "unregulated, highly speculative" nature as financial assets. "The amount of scams and fraud in the NFT space is overwhelming," the employees reportedly wrote.
The company, the San Francisco cloud-based software firm that owns Slack, told its employees in early February that it's planning a series of NFT-related initiatives. They include launching an NFT Cloud that could help people create NFTs and list them on marketplaces. NFTs have blown up in popularity over the past year, and big companies have been cashing in on the craze. While not all ventures have been successful, some have made big money: Adidas, for instance, made $23 million during its first NFT drop.
That said, NFTs remain controversial for several reasons, including their environmental impact. It takes a lot of energy to sustain the blockchain activities associated with the tokens. One estimate backed by researchers put an average NFT's footprint at over 200 kilograms of carbon, which is equivalent to driving 500 miles in a gas-powered car. Salesforce employees' concerns about the environmental impact of the tokens come from the fact that the company positions itself as a leader in sustainable business — it even released a Superbowl ad starring Matthew McConaughey emphasizing its commitment to sustainability.
A Salesforce spokesperson told Thomson Reuters that the company welcomes "employees' feedback and [is] proud to foster a culture of trust that empowers them to raise diverse points of view." They also said that the company is holding a listening session with employees next week.
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Over 400 Salesforce employee signed an open letter raising concerns about the company NFT plans.
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summarize: ROME (Reuters) - Meta Platforms, the parent company of Facebook, has become the latest tech company to be fined in Italy for breaches of a ban on the advertising of gambling.
Meta has been fined 5.85 million euros ($6.45 million) in connection with profiles and accounts on Facebook and Instagram, as well as sponsored content which promoted either betting or games with cash prizes, communications watchdog AGCOM said in a statement on Friday.
There was no immediate comment from Meta.
Earlier this month, AGCOM announced fines for Alphabet Inc's YouTube and Amazon's Twitch for breaching the ban. YouTube and Twitch were fined 2.25 million euros and 900,000 euros respectively. ($1 = 0.9069 euros)
(Writing by Keith Weir, editing by Gianluca Semeraro)
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Meta Platforms, the parent company of Facebook, has become the latest tech company to be fined in Italy for breaches of a ban on the advertising of gambling. Meta has been fined 5.85 million euros ($6.45 million) in connection with profiles and accounts on Facebook and Instagram, as well as sponsored content which promoted either betting or games with cash prizes, communications watchdog AGCOM said in a statement on Friday. There was no immediate comment from Meta.
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summarize: The bull market for tech stocks is here, according to Wedbush analysts.
Strong AI demand and IT spending should be able to power the sector higher through the next year.
Nvidia's latest earnings report in particular was a "drop the mic" moment, Wedbush added.
The new bull market for tech stocks is here, as Wall Street's excitement for artificial intelligence means money is pouring into the sector, according to Wedbush analysts.
"We believe key solid results/guidance last night from the likes of tech stalwarts Salesforce, Okta, and Crowdstrike reinforce our thesis that a modestly improving IT spending environment on the heels of this '1995-like AI Revolution' creates a bullish set up for tech stocks into year-end and 2024," Wedbush analysts said a note on Thursday. "We believe tech stocks rip higher into year-end with the new tech bull market here."
Nvidia's latest earnings report in particular was a "drop the mic" moment, Wedbush added. The chipmaker's success should show investors that the demand for AI will be as strong as other revolutionary tech trends.
In addition to comparing AI to the early years of the internet, analysts also likened it to the advent of Apple's first iPhone in 2007.
A handful of investors have stayed bearish on the market, given the array of macro pressures that are currently beating down on stocks. Inflationary pressures could still be lingering in the economy, and the Fed has signaled it could continue to hike interest rates to tame high prices, a move that will weigh on equities.
Still, robust AI demand and IT spending should tip the market into the bullish direction, Wedbush said.
"It all comes down to growth in the tech space and what do true Street numbers ultimately look like into 2023, this remains the key focus in our opinion for investors," the firm added.
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"We believe tech stocks rip higher into year-end with the new tech bull market here," Wedbush said.
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summarize: SAN DIEGO, Calif. and SUZHOU, China, April 22, 2022 (GLOBE NEWSWIRE) -- Gracell Biotechnologies Inc. (NASDAQ: GRCL) (“Gracell”), a global clinical-stage biopharmaceutical company dedicated to developing highly efficacious and affordable cell therapies for the treatment of cancer, today announced that the company has filed its annual report on Form 20-F for the full year ended December 31, 2021 with the U.S. Securities and Exchange Commission (“SEC”) on April 22, 2022.
The annual report is available on the company’s investor relations website at ir.gracellbio.com and on the SEC’s website at www.sec.gov. The company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon written request. Requests should be directed to Investor Relations, Gracell Biotechnologies, 41st Floor, Building A, No. 188 Hongbaoshi Road, Changning District, Shanghai, 201103, People’s Republic of China.
About Gracell
Gracell Biotechnologies Inc. ("Gracell") is a global clinical-stage biopharmaceutical company dedicated to discovering and developing breakthrough cell therapies. Leveraging its pioneering FasTCAR and TruUCAR technology platforms and SMART CAR™ technology module, Gracell is developing a rich clinical-stage pipeline of multiple autologous and allogeneic product candidates with the potential to overcome major industry challenges that persist with conventional CAR-T therapies, including lengthy manufacturing time, suboptimal cell quality, high therapy cost and lack of effective CAR-T therapies for solid tumors. For more information on Gracell, please visit www.gracellbio.com. Follow @GracellBio on LinkedIn.
Cautionary Noted Regarding Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing date of the offering. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled "Risk Factors" in Gracell's most recent annual report on Form 20-F as well as discussions of potential risks, uncertainties, and other important factors in Gracell's subsequent filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Gracell specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.
Media contacts
Marvin Tang
[email protected]
Kyle Evans
[email protected]
Investor contacts
Gracie Tong
[email protected]
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SAN DIEGO, Calif. and SUZHOU, China, April 22, 2022 (GLOBE NEWSWIRE) -- Gracell Biotechnologies Inc. (NASDAQ: GRCL) (“Gracell”), a global clinical-stage biopharmaceutical company dedicated to developing highly efficacious and affordable cell therapies for the treatment of cancer, today announced that the company has filed its annual report on Form 20-F for the full year ended December 31, 2021 with the U.S. Securities and Exchange Commission (“SEC”) on April 22, 2022. The annual report is availa
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summarize: Generative AI is making it easier to work multiple jobs at the same time.
AI tools will lift earnings from multiple jobs by at least $83 billion by 2030, Morgan Stanley says.
Multi-earning in the US has increased 11% in the past year, the bank's survey work found.
If AI can do some of your job, why not take another one on the side?
That's the thinking behind a big new study released this week by researchers at Morgan Stanley.
The investment bank conducted surveys in several countries, including the US, UK, and India, to get a sense for how many people have or plan to take on multiple jobs or set up multiple earnings streams in other ways.
Official data tracked by Morgan Stanley shows 5% of the population working multiple jobs, with that growing 5% a year. Unofficial data suggests it's more like 8-10% of the population, with interest in multiple jobs growing more than 18% a year, the bank's researchers wrote in a note to clients.
The bank conducted a similar study about a year ago, and since then the multi-job trends has picked up, with the rise of generative AI powering the change.
"The main driver which has changed since our original thesis is the advent of cheap or free and rapidly democratised access to generative AI tools," the researchers wrote.
They forecast $400 billion in income from multiple jobs by 2030, with generative AI contributing about $83 billion of that. In a much more bullish scenario, the bank sees $1.4 trillion in multi-earning income, with generative AI kicking in $300 billion of that.
There's been an explosion of AI tools in the past year, including ChatGPT, DALL-E, and GPT-4 from OpenAI, Bard and underlying AI models from Google, Claude 2 from Anthropic, and Midjourney. These services can answer questions convincingly, generate images on command, complete software code, and perform a host of other tasks.
With these new tools, employees suddenly have ways of producing work more quickly than before, making it easier to juggle multiple jobs. Morgan Stanley noted a 14% lift in call center productivity and a 55% boost for writing code, as examples.
Side hustles where generative AI can help include affiliate marketing, e-commerce dropshipping, content creation, tutoring, graphic and web design, programming, and renting rooms or other space, according to Morgan Stanley.
In content creation and e-commerce, 37% and 34% of respondents respectively said their income had been boosted with the help of generative AI tools.
The average multi-earner is making $8.50 an hour when using generative AI, and $7 an hour without the technology, Morgan Stanley's surveys found.
Multi-earning in the US has increased 11% in the past year, the survey work also found.
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ChatGPT will help boost income from side hustles by more than $80 billion. A Morgan Stanley study explores the growth in workers taking multiple jobs, powered by generative AI tools.
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summarize: (Bloomberg) -- Mexico’s inflation accelerated for the first time in months in late September, putting pressure on policymakers to keep defying the regional trend of easing interest rates as they face a tricky path ahead.
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Consumer prices rose 4.47% in the last two weeks of the month compared to the prior year, up from 4.44% in early September, the national statistics institute reported Monday. The result was slightly below the 4.5% median estimate of economists surveyed by Bloomberg. Bi-weekly inflation hadn’t accelerated since the end of April and was last stagnant in late July.
Although headline inflation eased overall in September to 4.45% from 4.64% in August, the slowdown took place early in the month and reversed slightly in the last two weeks. School costs often contribute to inflation pressures at this time of year as students return from vacation, while fuel prices were also high at the end of last month.
The bank, known as Banxico, could have a tricky few months ahead, as economists polled by Citibanamex last week see inflation ending the year at 4.7%, above its current reading. Winter fuel tariffs are likely to pressure prices in the coming months, as would the peso if it continues weakening as seen in recent weeks, said Gabriela Siller, director of economic analysis at Grupo Financiero Base.
“Everyone is expecting Banco de México not to hike interest rates again, but I think there’s a possibility of one more hike before the end of the year, which would give a final downward tug to inflation,” Siller said, noting that the government’s plan for a large budget deficit in 2024 will likely put nudge prices upward next year.
Core inflation, which excludes volatile items such as fuel and food, was 5.74%, compared to the 5.78% seen a year earlier.
Mexico’s central bank, known as Banxico, hold rates at a record high of 11.25% for its fourth-straight meeting last month and increased its inflation forecasts, leading economists to think there will be no cuts on the immediate horizon. The board repeated a reference to the need to maintain borrowing costs at their “current level for an extended period” in its statement accompanying the decision.
Read more: Banxico Holds Rate, Sees More Inflation With No Cuts on Horizon
Banxico targets inflation at 3%, plus or minus one percentage point.
The performance of the Mexican economy has contributed to the bank’s desire to take a wait-and-see approach instead of cutting rates. Latin America’s second-biggest economy outpaced expectations this year as the US, its largest trade partner, has so far avoided falling into recession as many analysts had expected.
(Corrects second paragraph to show forecast was 4.5% and inflation was below estimate)
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©2023 Bloomberg L.P.
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(Bloomberg) -- Mexico’s inflation accelerated for the first time in months in late September, putting pressure on policymakers to keep defying the regional trend of easing interest rates as they face a tricky path ahead.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Army Reserves Called Up, Chevron Shuts Gas FieldOil Surges as Israel Conflict Reignites Middle East VolatilityAs Israel-Hamas War Rages, Oil Traders Focus on IranConsumer prices rose
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summarize: Lyft (LYFT): Lyft shares fell more than 8% in extended trading after the ride-hailing giant’s active riders for the third quarter missed estimates. Active riders totaled 20.31 million, short of the street’s estimate of 21.1 million. Revenue of $1.05 billion also came in just shy of expectations. On an upbeat note, revenue per active user rose to $51.88, up 13.7% from a year ago.
Activision Blizzard (ATVI): Results from the video game maker pushed shares slightly higher in after hours trading. Profit and sales were lower from a year ago but beat the street’s expectations. The company announced Call of Duty: Modern Warfare II crossed $1 billion iin worldwide sell-through in the first 10 days of its release, making it the fastest selling title in franchise history. Activision Blizzard CEO Bobby Kotick noted he expects the company’s sale to Microsoft to ”close in Microsoft’s current fiscal year ending June 2023.”
Take-Two Interactive (TTWO): The company cut its full-year net bookings guidance, sending shares lower by more than 10% in after-hours trading. For its fiscal year, Take-Two sees revenue in the range of $5.4 billion to $5.5 billion, down from its prior estimate of $5.8 billion to $5.9 billion. For its fiscal second quarter, net bookings totaled $1.5 billion, missing the street’s estimate.
Groupon (GRPN): The company reported third-quarter revenue fell 33% from a year ago, pressurizing the stock in extended trading. Global revenue was $144.4 million during the third quarter while global billings totaled $433.9 million. Groupon also detailed additional cost-cutting measures, saying the company is ‘well on the way’ to achieve its goal of reducing its cost structure by $150 million annual and has a goal to “identify an additional $50 million of savings and related cost actions by the end of 2023.”
TripAdvisor (TRIP): Shares fell 10% after TripAdvisor’s profit missed expectations. Adjusted earnings were 28 cents a share for the third quarter, short of the street’s estimate of 39 cents. The online travel company expects fourth-quarter revenue of low-single digit increases from 2019 levels.
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summarize: DULLES, Va., June 17, 2022 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2021 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide. The results show electric cooperatives have maintained strong financial metrics and are experiencing growth across a number of measures, including consumers, sales, margins and utility plant.
“Rural electric distribution cooperatives’ disciplined management and their focus on improving the quality of life in the communities they serve is a testament to the cooperative business model,” CFC Senior Vice President and Chief Corporate Affairs Officer Brad Captain said.
Financial performance was strong year-over-year as demonstrated by coverage ratios, which assess ability to repay debt, and equity levels. Both times interest earned ratio (TIER) and equity as a percentage of assets continued to trend upward. TIER rose from 2.80 to 2.95 while equity as a percentage of assets also trended higher to 45.97 percent, compared with 45.80 percent in 2020.
Consumer growth exceeded 1 percent, the highest in more than a decade, with nearly 93 percent of cooperatives showing increases, including notable pockets of greater than 2 percent consumer growth in Arizona, California, Idaho, Nevada and Utah.
Investment in utility plant also sustained its four-year growth trend, as demonstrated by an increase in the total utility plant ratio, which rose 3.95 percent in 2021 compared with 3.79 percent in 2020. “Electric cooperatives continue to invest in plant and utility infrastructure, including renewables and fiber, to ensure they provide their consumers with reliable, affordable and sustainable electricity into the future,” CFC Senior Vice President of Strategic Services Mark Snowden said.
In another positive sign, after a slight increase in 2020, both accounts receivable over 60 days and write-offs declined to pre-pandemic levels. Accounts receivable fell to 0.09 percent of operating revenue from 0.13 percent in 2020, and write-offs fell to 0.07 percent of revenue from 0.08 percent in 2020.
Preliminary KRTA results are based on data submitted by 812 electric distribution cooperatives for the year ending Dec. 31, 2021. CFC calculates 145 financial and operational ratios for each cooperative and provides a report showing the cooperative’s ratio compared with the U.S. median value. Median reporting minimizes the effect of outliers and provides a clearer picture of cooperative performance.
About CFC
Created and owned by America’s electric cooperative network, the National Rural Utilities Cooperative Finance Corporation (CFC)—a nonprofit finance cooperative with $30 billion in assets—provides unparalleled industry expertise, flexibility and responsiveness to serve the needs of our member-owners. CFC is an equal opportunity provider. Visit us online at www.nrucfc.coop.
About KRTA
CFC has published KRTA—an annual report that tracks the median value of 145 financial and operational ratios for participating electric distribution cooperatives over the previous five years—since 1975. Based on unaudited data reported by electric distribution cooperatives, KRTA provides electric cooperative CEOs and directors/trustees with a complete picture of their system’s financial performance.
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DULLES, Va., June 17, 2022 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2021 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide. The results show electric cooperatives have maintained strong financial metrics and are experiencing growth across a number of measures, including consumers, sales, margins and utility plant. “Rural electric d
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summarize: CHANDLER, Ariz., Sept. 06, 2022 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Citi 2022 Global Technology Conference on Thursday, September 8 at 2:30 p.m. (Eastern Time). Presenting for the Company will be Mr. Ganesh Moorthy, President and CEO, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by Citi, and can be accessed on the Microchip website at www.microchip.com.
Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC's website (www.sec.gov) or from commercial document retrieval services.
Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve more than 125,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.
Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.
INVESTOR RELATIONS CONTACT:
Deborah Wussler ……… (480) 792-7373
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CHANDLER, Ariz., Sept. 06, 2022 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Citi 2022 Global Technology Conference on Thursday, September 8 at 2:30 p.m. (Eastern Time). Presenting for the Company will be Mr. Ganesh Moorthy, President and CEO, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made av
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