Dyson will invest an additional 2.75bn pound ($3.67 billion) on developing technologies and products over the next five years [Editor’s note: the link may be paywalled; alternative source], as the appliances brand pushes deeper into areas such as artificial intelligence, robotics and energy storage. From a report: The company founded by billionaire James Dyson and famous for its vacuum cleaners said…
Tag: Investments
A Biden Victory Positions America For a 180-Degree Turn On Climate Change
“Joe Biden, the projected winner of the U.S. presidency, will move to restore dozens of environmental safeguards President Donald Trump abolished,” reports the Washington Post, “and launch the boldest climate change plan of any president in history.” destinyland shares their report: While some of Biden’s most sweeping programs will encounter stiff resistance from Senate Republicans and conservative attorneys general, the United…
Billionaire CEO of Software Company Indicted For Alleged $2 Billion Tax Evasion Schemes
The billionaire chief executive of Ohio-based Reynolds and Reynolds Co, Robert Brockman, has been indicted on charges of tax evasion and wire fraud conducted over “decades.” ZDNet reports: The scheme, in which roughly $2 billion was hidden away in offshore accounts and through money laundering, took place between 1999 and 2019, the US Department of Justice (DoJ) said on Thursday. According…
Robinhood Users Say Accounts Were Looted, No One to Call
An anonymous reader shares a report: It took Soraya Bagheri a day to learn that 450 shares of Moderna had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending. But after alerting the online brokerage to what she believed was a theft in progress, she received a frustrating email. The firm wrote it would investigate and respond…
Study Shows Renewables Are Kicking Natural Gas To the Curb
An anonymous reader quotes a report from CleanTechnica: After analyzing the most recent data from two of America’s largest electricity markets — ERCOT in Texas and PJM in the Northeast — the Rocky Mountain Institute has come to a startling conclusion. Renewables are muscling in on natural gas as the preferred choice for new electricity generation. In fact, according to RMI,…
Huawei’s Investments Are ‘Predatory Actions’ and All Countries Should Ban Them: Pompeo
Investments by China’s Huawei are not regular market transactions but rather “predatory actions” and all countries should ban them, U.S. Secretary of State Mike Pompeo said in a newspaper interview on Friday. From a report: “Their investments are not private because they are subsidised by the (Chinese) State. Hence they are not transparent, free, commercial transactions like many others but they…
Serious Injuries At Amazon Fulfillment Centers Topped 14,000, Despite the Company’s Safety Claims
Even as Amazon spends tens of millions on new robotics and technologies to automate its warehouses, workers are still paying the price with more than 14,000 serious injuries — requiring days off or job restrictions — reported in fulfillment centers in 2019, according to a report from Reveal. TechCrunch reports: Overall, the company saw 7.7 serious injuries per 100 employees, a…
Facebook Partners with Coursera to Launch Social Media Marketing Professional Certificate
Designed to Help Learners of All Backgrounds Enter the Growing Field of Social Media Marketing By Jeff Maggioncalda, CEO, Coursera Today, we’re excited to announce a new Social Media Marketing Professional Certificate from Facebook – our newest industry partner. The certificate is designed for learners without a college degree or any prior experience to become […]
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France To Spend $8.4 Billion on Digital as Part of Stimulus Plan
The French government unveiled a massive $120 billion stimulus package earlier this week to recover from the economic downturn — it represents 4% of the country’s GDP. As part of this support plan, the government plans to spend a significant chunk of money on all things digital — startup investment, infrastructure investment and digital transformation. From a report: I interviewed France’s…
Microsoft’s Transcribe in Word Gives Office 365 Subscribers 5 Hours of Transcription a Month
Last October, Microsoft unveiled a transcription feature — Transcribe in Word — that is designed to let users leverage the power of the cloud to transcribe audio. After nearly a year in development, Transcribe in Word is now generally available in U.S. English at no cost to existing Microsoft 365 subscribers. It will come to Android and iOS later this year….