Tag Archives: abandons

(Bloomberg) — Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from Bloomberg MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space. The company has… Source link

Every couple of years, Google puts out a paper that makes everyone in the IT industry stop and think. The Google File System in 2003. The MapReduce analytics platform in 2004. The BigTable NoSQL database in 2006. Warehouse-scale computing as a concept in 2009. The Spanner distributed database in 2012. The Borg cluster controller in 2015 and again with the Omega scheduler add-on in 2016. The Jupiter custom datacenter switches in 2015. The Espresso edge routing software stack in 2017. The… Source link

Google Pay Omar Marques | LightRocket | Getty Images Google is scrapping its plans to offer banking services directly to users. The shift comes nearly two years after the company first announced its banking plans and several months after a key executive leading the project departed. In 2020, Google said it would let users open a bank account through its Google Pay app, in a partnership with Citigroup and Stanford Federal Credit Union beginning in 2021. At the time, Google said it would offer a… Source link

(Bloomberg) — The bounty hunter of Wall Street has finally met his match. Andrew Left, who’s taken on everything from drug companies to Chinese real estate firms, said his Citron Research will no longer publish short selling research, ending the firm’s two-decade run as one of Wall Street’s best-known contrarians. Citron will instead focus on what may seem like the only logical move in a world of ever-rising equity markets and low interest rates: long bets. “Twenty years ago I started… Source link

An Argentine father has allegedly abandoned his two recently-adopted African twin sons at a police station because he lost interest in his parental duties, police said. The six-year-old boys, whose names have not been disclosed, were reportedly left at a police station for women in Bahia Blanca in the province of Buenos Aires in eastern Argentina. Police stations for women are dedicated to cases regarding gender violence, children and family issues. The twins’ adoptive parents have been… Source link