Intel shares are off around 10% in after-hours trading after the chip company reported its Q3 data. TechCrunch explains why: Investors had expected Intel to report an adjusted $1.11 in per-share profit, off around 22% from the year-ago period. They also expected it to report revenues of $18.26 billion in Q3, down a more modest 5% compared to the year-ago Q3….
Tag: stock
Motley Fool: AMD ‘Isn’t Done Hammering Intel Yet’
The Motley Fool writes:
AMD held just under 18% of the CPU market at the end of 2016 before Ryzen arrived. The latest third-party estimates suggest that the chipmaker now controls close to 37% of the market. Other reliable estimates from the likes of video gaming platform Steam also suggest that AMD has been consistently chipping away at Intel’s CPU dominance. And…
Q3 2020 Coursera for Business Quarterly Product Release
By Shwetabh Mittal, Senior Director, Product Management The great lockdown caused by COVID-19 has accelerated the need for digital skills. Companies are reallocating their digital talent to stay competitive and dedicating more time and resources to helping their employees learn about digital technologies. The pandemic has had an even bigger impact on higher education: around 1.6 […]
The post Q3 2020 Coursera for…
Some Onions Were Too Sexy For Facebook
An error in Facebook’s automated system rejected a user’s picture of onions for being “overtly sexual.” The BBC reports: The Seed Company by EW Gaze, in St John’s, Newfoundland, had wanted to post a seemingly innocent advert for Walla Walla onion seeds on Facebook. But to their surprise, it was rejected for being “overtly sexual.” In a statement on Wednesday, the…
Qualcomm To Launch Its Own Premium Snapdragon Branded Phones
According to Taiwanese publication DigiTimes, Qualcomm is planning to launch new premium smartphones under its own brand name. It’s reportedly partnering with ASUS to manufacture and distribute the devices globally. HotHardware reports: It would appear that Qualcomm’s intent is to showcase ultra-premium experiences for Snapdragon Android phones in the market. This would in effect be a “super phone” of sorts that…
‘I’m a Software Engineer at Uber and I’m Voting Against Prop 22’
Kurt Nelson, a software engineer at Uber, writes an op-ed at TechCrunch: I’ve been a software engineer at Uber for two years, and I’ve also been a ride-hail driver. I regularly drove for Lyft in college, and while my day job involves writing code for the Uber Android app, I still make deliveries for app-based companies on my bike to understand…
Hydrogen-Powered Train Makes Its First Trip in the UK
“Trials of a hydrogen-powered train are underway in the U.K.,” reports CNBC:
The HydroFLEX train — which has been developed by a team from the University of Birmingham and Porterbrook, a rolling stock firm — uses a fuel-cell which combines hydrogen and oxygen to generate electricity, heat and water… It’s hoped that the technology will be available to retrofit trains already in…
How One Piece of Hardware Took Down a $6 Trillion Stock Market
An anonymous reader quotes a report from Bloomberg on how a data storage and distribution device brought down Tokyo’s $6 trillion stock market: At 7:04 a.m. on an autumn Thursday in Tokyo, the stewards of the world’s third-largest equity market realized they had a problem. A data device critical to the Tokyo Stock Exchange’s trading system had malfunctioned, and the automatic…
Controversial Data Firm Palantir Fetches Market Value of Nearly $22 Billion In Its Debut On the NYSE
US tech firm Palantir, known for supplying controversial data-sifting software to government agencies, has fetched a market value of nearly $22 billion in its debut on the New York Stock Exchange. The BBC reports: The firm, which launched in 2003 with backing from right-wing libertarian tech investor Peter Thiel and America’s Central Intelligence Agency (CIA), builds programs that integrate massive data…
Elon Musk: Tesla May Be Overvalued Today, But I Think It’ll Be Worth More In 5 Years
In an interview with Kara Swisher via a New York Times podcast, Elon Musk said he thinks Tesla will be worth more than it is today in 5 years. CNBC reports: “Some critical mass of the market has concluded that Tesla will win, I guess,” said Musk on the stock’s increases. “I’ve gone on record already saying the stock prices have…