Monthly Archives: December 2020

Google Must Silo Fitbit Data, EU Says, Clearing $2.1 Billion Deal

European Union antitrust officials approved Google’s $2.1 billion acquisition of health tracker Fitbit Inc., FIT 0.21% but will enforce conditions on the deal aimed at protecting users’ health data and preserving competition in the wearable-tech sector. The European Commission, the EU’s top antitrust regulator, said Thursday that it has accepted a sweetened package of concessions from Google,… Source link

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These states got tired of waiting for Washington and went ahead with their own coronavirus stimulus

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

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mRNA vaccines spark innovation in logistics: Expert

The ultra-low temperature demands of the Pfizer (PFE) and BioNTech (BNTX) vaccine are paving a new path for vaccine delivery and storage. While mRNA vaccines requires a smaller footprint for production than traditional vaccines, once they leave the production plant, there’s a whole new set of hurdles prompting logistics companies to adapt. Planes have been retrofitted, GPS tracking has been authorized by the FAA, and states are buying large-volume freezers to meet the first generation of… Source link

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Google to Test Data Center Battery Backup That Also Serves the Grid

Google on Wednesday unveiled plans to install its first backup battery at a data center, with ambitions to use the project as a test case for grid service applications. The 3-megawatt, 2-hour-duration battery will be installed at a Google data center in Belgium, a location selected because its market has policies that allow batteries to provide frequency regulation to the grid. Google is already experimenting with load-shifting on a pilot scale. Google has matched its overall… Source link

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Google’s Fitbit acquisition wins EU approval

Google’s acquisition of Fitbit is nearing completion now that the European Commission has approved the search giant’s $2.1 billion takeover of the wearable tech company. When Google announced the acquisition in November 2019, Google hardware chief Rick Osterloh said that the Fitbit purchase was “an opportunity to invest even more in Wear OS as well as introduce Made by Google wearable devices into the market.” But regulators quickly got involved, and in August, they formally

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US Bitcoin Mining Firm Core Scientific to Triple Capacity With Massive 59,000-Machine Order

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

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No coronavirus stimulus means no holiday spending: chart – Yahoo Finance

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

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Google’s AI unit DeepMind swallows £1.6bn as losses continue

Google’s UK-based artificial intelligence unit DeepMind lost half a billion pounds last year, a similar figure to 2018, and its parent company Alphabet wrote off a further £1.1bn in debt, according to its latest accounts. The figures underline the huge investment that Google continues to make in the London-based AI team that it acquired in 2014 for about £400m, with the most talented machine-learning researchers able to command huge salaries. DeepMind’s revenues,… Source link

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Tesla FSD Will ‘Get Absurdly Good,’ Says Elon Musk

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

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